Sign in

    Raphael Chen • BOCI Research Limited

    Raphael Chen's questions to JOYY Inc (JOYY) leadership

    Raphael Chen's questions to JOYY Inc (JOYY) leadership • Q1 2025

    Question

    Raphael Chen of BOCI Research Limited requested insights into the company's shareholder return policies and other capital allocation strategies.

    Answer

    VP of Finance Alex Liu reiterated that shareholder returns are a key component of their capital strategy, citing the $49.1 million in dividends and $22.5 million in share repurchases executed in Q1. He clarified that the company is also prudently allocating capital to support its accelerating non-live streaming businesses by expanding headcount and marketing resources. Liu stressed that the strategy is to balance strategic reinvestment for sustainable growth with maintaining competitive shareholder returns.

    Ask Fintool Equity Research AI

    Raphael Chen's questions to JOYY Inc (JOYY) leadership • Q1 2025

    Question

    Raphael Chen of BOCI Research Limited inquired about the company's shareholder return policies and other capital return strategies.

    Answer

    VP of Finance Alex Liu confirmed that shareholder returns remain a key priority. He cited the $49.1 million in dividends and $22.5 million in share repurchases in Q1. Liu explained the strategy of balancing capital allocation between the stable, cash-flow-positive live streaming business and the high-growth non-live streaming businesses. He assured that the company will prudently expand resources for growth areas while maintaining competitive shareholder returns.

    Ask Fintool Equity Research AI