虎牙2023年Q3财报-英

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HUYAInc.ReportsThirdQuarter2023UnauditedFinancialResults

GUANGZHOU,China,Nov.14,2023/PRNewswire/--HUYAInc.(“Huya”orthe“Company”)(NYSE:HUYA),aleadinggamelivestreamingplatforminChina,todayannounceditsunauditedfinancialresultsforthethirdquarterendedSeptember30,2023.

ThirdQuarter2023Highlights

.Totalnetrevenuesforthethirdquarterof2023wereRMB1,647.8million(US$225.8million),comparedwithRMB2,378.5millionforthesameperiodof2022.

.NetincomeattributabletoHUYAInc.wasRMB12.1million(US$1.7million)forthethirdquarterof2023,comparedwithRMB60.4millionforthesameperiodof2022.

.Non-GAAPnetincomeattributabletoHUYAInc.1wasRMB103.3million(US$14.2million)forthethirdquarterof2023,comparedwithRMB106.1millionforthesameperiodof2022.

.AveragemobileMAUs2ofHuyaLiveforthethirdquarterof2023remainedflatat86.0million,comparedwith86.0millionforthesameperiodof2022.

Mr.JunhongHuang,ActingCo-ChiefExecutiveOfficerandSeniorVicePresidentofHuya,commented,“OurHuyaLive’saveragemobileMAUsreached86.0millioninthethirdquarterof2023,growingby3.7%quarter-over-quarterthankstoourdiversifiede-sportstournamentsandentertainmentprogrammingduringthesummerseason.Aswecontinuetoenrichourcontentecosystemandstrengthenouruserbase,wearealsoadvancingourstrategictransformationtargetingashiftinourcommercializationfocuswithmoregame-relatedservices.Duringthequarter,wefocusedonestablishingtermsofcooperationwithgamestudiosandbuildingthebusinessinfrastructurerequiredtosupportthesenewservices.Weareconfidentthatthroughstrongstrategicexecution,wewillexpandHuya’spresenceinthegamevaluechainanddrivemorebalancedandsustainablebusinessgrowthinthelongterm.”

“Againstthebackdropofasoftindustryenvironmentandourproactivebusinessadjustments,ourtotalnetrevenuesforthethirdquarterof2023wereapproximatelyRMB1.6billion,”saidMs.AshleyXinWu,Huya’sActingCo-ChiefExecutiveOfficerandVicePresidentofFinance.“Inthethirdquarter,werecordedagrossmarginof13.9%,anddecreasedtotaloperatingexpensesby20.7%year-over-year,reflectingourcontinuousoperationaloptimizationefforts.Furthermore,inmid-August2023,weannouncedtheauthorizationforasharerepurchaseprogramofuptoUS$100millionovera12-monthperiodandhaverepurchasedUS$9millionofoursharesasoftheendofthethirdquarter.Lookingahead,weremaincommittedtofurtherimprovingourfinancialfundamentalswhileenhancingshareholdervalue.”

1“Non-GAAPnetincomeattributabletoHUYAInc.”isdefinedasnetincomeattributabletoHUYAInc.excludingshare-basedcompensationexpenses,gainonfairvaluechangeofinvestments,netofincometaxes,andimpairmentlossofinvestments,totheextentapplicable.Formoreinformation,pleaserefertothesectiontitled“UseofNon-GAAPFinancialMeasures”andthetablecaptioned“HUYAInc.UnauditedReconciliationsofGAAPandNon-GAAPResults”attheendofthispressrelease.

2Referstoaveragemonthlyactiveusersonmobileapps.AveragemobileMAUsforanyperiodiscalculatedbydividing(i)thesumofactiveusersonthemobileappsforeachmonthduringsuchrelevantperiod,by(ii)thenumberofmonthsduringsuchrelevantperiod.

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ThirdQuarter2023FinancialResults

Totalnetrevenuesforthethirdquarterof2023wereRMB1,647.8million(US$225.8million),comparedwithRMB2,378.5millionforthesameperiodof2022.

LivestreamingrevenueswereRMB1,531.7million(US$209.9million)forthethirdquarterof2023,comparedwithRMB2,017.1millionforthesameperiodof2022,primarilyduetoadecreaseinthenumberofquarterlypayingusers；onHuyaLiveto4.2millionforthethirdquarterof2023from5.5millionforthesameperiodof2022.Thedeclineinthenumberofquarterlypayinguserswasprimarilyattributabletothesoftmacroandindustryenvironment,theCompany’sproactivebusinessadjustmentsinsupportofitsstrategictransformationandprudentoperations,andtheincreaseinofflineentertainmentactivities,whichadverselyaffectedthetimespentbylong-tailusersonHuya’splatform.

AdvertisingandotherrevenueswereRMB116.1million(US$15.9million)forthethirdquarterof2023,comparedwithRMB361.4millionforthesameperiodof2022,primarilyduetoasignificantdecreaseincontentsub-licensingrevenues.

Costofrevenuesdecreasedby30.3%toRMB1,419.5million(US$194.6million)forthethirdquarterof2023fromRMB2,036.2millionforthesameperiodof2022,primarilyduetodecreasedrevenuesharingfeesandcontentcosts,aswellasbandwidthcosts.

Revenuesharingfeesandcontentcostsdecreasedby31.2%toRMB1,231.8million(US$168.8million)forthethirdquarterof2023fromRMB1,789.8millionforthesameperiodof2022,primarilyduetothedecreaseinrevenuesharingfeesassociatedwiththedeclineinlivestreamingrevenues,aswellaslowercostsrelatedtoe-sportscontentandcontentcreators.

Bandwidthcostsdecreasedby27.8%toRMB83.0million(US$11.4million)forthethirdquarterof2023fromRMB115.0millionforthesameperiodof2022,primarilyduetoimprovedbandwidthcostmanagement,favorablepricingtermsandcontinuedtechnologyenhancementefforts.

GrossprofitwasRMB228.2million(US$31.3million)forthethirdquarterof2023,comparedwithRMB342.4millionforthesameperiodof2022.Grossmarginwas13.9%forthethirdquarterof2023,comparedwith14.4%forthesameperiodof2022,primarilyduetolowertotalnetrevenues.

Researchanddevelopmentexpensesdecreasedby17.5%toRMB141.8million(US$19.4million)forthethirdquarterof2023fromRMB171.8millionforthesameperiodof2022,primarilyduetodecreasedpersonnel-relatedexpensesandshare-basedcompensationexpenses.

Salesandmarketingexpensesdecreasedby23.7%toRMB94.9million(US$13.0million)forthethirdquarterof2023fromRMB124.3millionforthesameperiodof2022,primarilyduetodecreasedmarketingandpromotionfees,aswellaspersonnel-relatedexpenses.

3Referstothesumofuseraccountsthatpurchasedvariousproductsandservicesonourplatformatleastonceduringsuchrelevantperiod.

Generalandadministrativeexpensesdecreasedby23.1%toRMB60.5million(US$8.3million)forthethirdquarterof2023fromRMB78.7millionforthesameperiodof2022,primarilyduetodecreasedshare-basedcompensationexpenses.

OtherincomewasRMB40.2million(US$5.5million)forthethirdquarterof2023,comparedwithRMB43.9millionforthesameperiodof2022,primarilyduetolowerindirecttaxrefundsandgovernmentsubsidies.

OperatinglosswasRMB28.7million(US$3.9million)forthethirdquarterof2023,comparedwithoperatingincomeofRMB11.6millionforthesameperiodof2022.

Interestandshort-terminvestmentsincomewasRMB128.4million(US$17.6million)forthethirdquarterof2023,comparedwithRMB71.7millionforthesameperiodof2022,primarilyduetoincreasedinterestratesandimprovedmanagementofdepositproducts.

ImpairmentlossofinvestmentswasRMB80.8million(US$11.1million)forthethirdquarterof2023,comparedwithnilforthesameperiodof2022,primarilyduetotherecognitionofimpairmentchargesoncertainequityinvestments.

NetincomeattributabletoHUYAInc.wasRMB12.1million(US$1.7million)forthethirdquarterof2023,comparedwithRMB60.4millionforthesameperiodof2022.

Non-GAAPnetincomeattributabletoHUYAInc.wasRMB103.3million(US$14.2million)forthethirdquarterof2023,comparedwithRMB106.1millionforthesameperiodof2022.

BasicanddilutednetincomeperAmericandepositaryshare(“ADS”)wereeachRMB0.05(US$0.01)forthethirdquarterof2023.BasicanddilutednetincomeperADSwereeachRMB0.25forthethirdquarterof2022.EachADSrepresentsoneClassAordinaryshareoftheCompany.

Non-GAAPbasicanddilutednetincomeperADSwereeachRMB0.42(US$0.06)forthethirdquarterof2023.Non-GAAPbasicanddilutednetincomeperADSwereeachRMB0.44forthethirdquarterof2022.

AsofSeptember30,2023,theCompanyhadcashandcashequivalents,short-termdepositsandlong-termdepositsofRMB10,601.1million(US$1,453.0million),comparedwithRMB10,846.4millionasofJune30,2023.

ShareRepurchaseProgram

OnAugust15,2023,theCompany’sboardofdirectorsauthorizedasharerepurchaseprogramunderwhichtheCompanymayrepurchaseuptoUS$100millionofitsADSsorordinarysharesovera12-monthperiod.AsofSeptember30,2023,theCompanyhadrepurchased3.5millionADSswithatotalaggregateconsiderationofUS$9.0millionunderthisprogram.

EarningsWebinar

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TheCompany’smanagementwillhostaTencentMeetingWebinarat7:00a.m.U.S.EasternTimeonNovember14,2023(8:00p.m.Beijing/HongKongtimeonNovember14,2023),toreviewanddiscusstheCompany'sbusinessandfinancialperformance.

Forparticipantswhowishtojointhewebinar,pleasecompletetheonlineregistrationinadvanceusingthelinksprovidedbelow.Uponregistration,participantswillreceiveanemailwithwebinaraccessinformation,includingmeetingID,meetinglink,dial-innumbers,andauniqueattendeeIDtojointhewebinar.

ParticipantOnlineRegistration:

ChineseMainland4:

/dw/G4NhW2ht90d4

International:

/dw/G4NhW2ht90d4

Alivewebcastofthewebinarwillbeaccessibleat

,

andareplayofthewebcastwillbeavailablefollowingthesession.

AboutHUYAInc.

HUYAInc.isaleadinggamelivestreamingplatforminChinawithalargeandactivegamelivestreamingcommunity.TheCompanycooperateswithe-sportseventorganizers,aswellasmajorgamedevelopersandpublishers,andhasdevelopede-sportslivestreamingasoneofthemostpopularcontentgenresonitsplatform.TheCompanyhascreatedanengaged,interactiveandimmersivecommunityforgameenthusiastsofChina'syounggeneration.Buildingonitssuccessingamelivestreaming,Huyahasalsoextendeditscontenttootherentertainmentcontentgenres.Huya'sopenplatformalsofunctionsasamarketplaceforbroadcastersandtalentagenciestocongregateandcloselycollaboratewiththeCompany.

UseofNon-GAAPFinancialMeasures

TheunauditedcondensedconsolidatedfinancialinformationispreparedinconformitywithaccountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica("U.S.GAAP"),exceptthattheconsolidatedstatementofchangesinshareholders'equity,consolidatedstatementsofcashflows,andthedetailednoteshavenotbeenpresented.Huyausesnon-GAAPgrossprofit,non-GAAPoperatingincome(loss),non-GAAPnetincomeattributabletoHUYAInc.,non-GAAPnetincomeattributabletoordinaryshareholders,non-GAAPbasicanddilutednetincomeperordinaryshares,andnon-GAAPbasicanddilutednetincomeperADS,whicharenon-GAAPfinancialmeasures.Non-GAAPgrossprofitisgrossprofitexcludingshare-basedcompensationexpensesallocatedincostofrevenues.Non-GAAPoperatingincome(loss)isoperatingincome(loss)excludingshare-basedcompensationexpenses.Non-GAAPnetincomeattributabletoHUYAInc.isnetincomeattributabletoHUYAInc.excludingshare-basedcompensationexpenses,gainonfairvaluechangeofinvestments,netofincometaxes,andimpairmentlossofinvestments,totheextentapplicable.Non-GAAPnetincomeattributabletoordinaryshareholdersisnetincomeattributabletoordinaryshareholdersexcludingshare-basedcompensationexpenses,gainonfairvaluechangeofinvestments,netofincometaxes,andimpairmentlossofinvestments,totheextentapplicable.Non-GAAPbasicanddilutednet

4Forthepurposeofthisannouncementonly,ChineseMainlandexcludestheHongKongSpecialAdministrativeRegion,theMacaoSpecialAdministrativeRegionofthePeople’sRepublicofChina,andTaiwan.

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incomeperADSisnon-GAAPnetincomeattributabletoordinaryshareholdersdividedbyweightedaveragenumberofADSusedinthecalculationofnon-GAAPbasicanddilutednetincomeperADS.TheCompanybelievesthatseparateanalysisandexclusionoftheimpactof(i)share-basedcompensationexpenses,(ii)gainonfairvaluechangeofinvestments,netofincometaxes,and(iii)impairmentlossofinvestments,addclaritytotheconstituentpartsofitsperformance.TheCompanyreviewsthesenon-GAAPfinancialmeasurestogetherwithGAAPfinancialmeasurestoobtainabetterunderstandingofitsoperatingperformance.Itusesthenon-GAAPfinancialmeasuresforplanning,forecastingandmeasuringresultsagainsttheforecast.TheCompanybelievesthatnon-GAAPfinancialmeasuresrepresentusefulsupplementalinformationforinvestorsandanalyststoassessitsoperatingperformancewithouttheeffectof(i)share-basedcompensationexpenses,whichhavebeenandwillcontinuetobesignificantrecurringexpensesinitsbusiness,(ii)gainonfairvaluechangeofinvestments,netofincometaxes,and(iii)impairmentlossofinvestments,whichmayrecurwhenthereisobservablepricechangeinthefuture.However,theuseofnon-GAAPfinancialmeasureshasmateriallimitationsasananalyticaltool.Oneofthelimitationsofusingnon-GAAPfinancialmeasuresisthattheydonotincludeallitemsthatimpacttheCompany'snetincomefortheperiod.Inaddition,becausenon-GAAPfinancialmeasuresarenotmeasuredinthesamemannerbyallcompanies,theymaynotbecomparabletoothersimilartitledmeasuresusedbyothercompanies.Inlightoftheforegoinglimitations,youshouldnotconsideranon-GAAPfinancialmeasureinisolationfromorasanalternativetothefinancialmeasurespreparedinaccordancewithU.S.GAAP.

Thepresentationofthesenon-GAAPfinancialmeasuresisnotintendedtobeconsideredinisolationfrom,orasasubstitutefor,thefinancialinformationpreparedandpresentedinaccordancewithU.S.

GAAP.Formoreinformationonthesenon-GAAPfinancialmeasures,pleaseseethetablecaptioned"HUYAInc.UnauditedReconciliationsofGAAPandNon-GAAPResults"attheendofthisannouncement.

ExchangeRateInformation

ThisannouncementcontainstranslationsofcertainRMBamountsintoU.S.dollarsataspecifiedratesolelyfortheconvenienceofthereader.Unlessotherwisenoted,alltranslationsfromRMBtoU.S.dollarsaremadeatarateofRMB7.2960toUS$1.00,thenoonbuyingrateineffectonSeptember29,2023,intheH.10statisticalreleaseoftheFederalReserveBoard.TheCompanymakesnorepresentationthattheRenminbiorU.S.dollarsamountsreferredtointhisannouncementcouldhavebeenorcouldbeconvertedintoU.S.dollarsorRenminbi,asthecasemaybe,atanyparticularrateoratall.

SafeHarborStatement

Thisannouncementcontainsforward-lookingstatements.Thesestatementsaremadeunderthe"safeharbor"provisionsoftheU.S.PrivateSecuritiesLitigationReformActof1995.Theseforward-lookingstatementscanbeidentifiedbyterminologysuchas"will,""expects,""anticipates,""future,""intends,""plans,""believes,""estimates"andsimilarstatements.Amongotherthings,thequotationsfrommanagementinthisannouncement,aswellasHuya'sstrategicandoperationalplans,containforward-lookingstatements.Huyamayalsomakewrittenororalforward-lookingstatementsinitsperiodicreportstotheU.S.SecuritiesandExchangeCommission("SEC"),initsannualreporttoshareholders,inpressreleasesandotherwrittenmaterialsandinoralstatementsmadebyitsofficers,

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directorsoremployeestothirdparties.Statementsthatarenothistoricalfacts,includingstatementsaboutHuya'sbeliefsandexpectations,areforward-lookingstatements.Forward-lookingstatementsinvolveinherentrisksanduncertainties.Anumberoffactorscouldcauseactualresultstodiffermateriallyfromthosecontainedinanyforward-lookingstatement,includingbutnotlimitedtothefollowing:Huya'sgoalsandstrategies;Huya'sfuturebusinessdevelopment,resultsofoperationsandfinancialcondition;theexpectedgrowthofthegamelivestreamingmarket;theexpectationregardingtherateatwhichtogainactiveusers,especiallypayingusers;Huya'sabilitytomonetizetheuserbase;Huya’seffortsincomplyingwithapplicabledataprivacyandsecurityregulations;fluctuationsingeneraleconomicandbusinessconditionsinChina;theimpactoftheCOVID-19toHuya'sbusinessoperationsandtheeconomyinChinaandelsewheregenerally;anyregulatorydevelopmentsinlaws,regulations,rules,policiesorguidelinesapplicabletoHuya;andassumptionsunderlyingorrelatedtoanyoftheforegoing.FurtherinformationregardingtheseandotherrisksisincludedinHuya'sfilingswiththeSEC.Allinformationprovidedinthispressreleaseandintheattachmentsisasofthedateofthispressrelease,andHuyadoesnotundertakeanyobligationtoupdateanyforward-lookingstatement,exceptasrequiredunderapplicablelaw.

Forinvestorandmediainquiries,pleasecontact:

InChina:

HUYAInc.

InvestorRelations

Tel:+86-20-2290-7829

E-mail:ir@

PiacenteFinancialCommunications

JennyCai

Tel:+86-10-6508-0677

E-mail:huya@

IntheUnitedStates:

PiacenteFinancialCommunications

BrandiPiacente

Tel:+1-212-481-2050

E-mail:huya@

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RMB

825,610

19,580

7,657,042

-

66,392

107,298

663,650

9,339,572

2,118,497

855,124

262,559

39,777

321,519

122,892

3,720,368

13,059,940

10,989

259,212

HUYAINC.

UNAUDITEDCONDENSEDCONSOLIDATEDBALANCESHEETS

(Allamountsinthousands,exceptshare,ADS,persharedataandperADSdata)

AsofDecember31,AsofSeptember30,

Assets

Currentassets

Cashandcashequivalents

Restrictedcash

Short-termdeposits

Short-terminvestments

Accountsreceivable,net

Prepaidassetsandamountsduefromrelatedparties,net

Prepaymentsandothercurrentassets,net

Totalcurrentassets

Non-currentassets

Long-termdeposits

Investments

Propertyandequipment,net

Intangibleassets,net

Right-of-useassets,net

Prepaymentsandothernon-currentassets

Totalnon-currentassets

Totalassets

Liabilitiesandshareholders’equity

Currentliabilities

Accountspayable

Advancesfromcustomersanddeferredrevenue

Incometaxespayable

Accruedliabilitiesandothercurrentliabilities

Amountsduetorelatedparties

Leaseliabilitiesduewithinoneyear

Totalcurrentliabilities

Non-currentliabilities

Leaseliabilities

Deferredtaxliabilities

Deferredrevenue

Totalnon-currentliabilities

Totalliabilities

2022

RMB

655,241

4,050

9,018,298

3,117

75,898

59,702

637,225

10,453,531

1,072,548

906,215

200,893

57,810

345,136

110,874

2,693,476

13,147,007

22,517

445,620

28,924

1,592,455

81,814

29,801

2,201,131

8,617

20,533

73,354

102,504

2,303,635

2023

2023

US$

113,159

2,684

1,049,485

-

9,100

14,706

90,961

1,280,095

290,364

117,204

35,987

5,452

44,068

16,844

509,919

1,790,014

2,665

50,588

6,356

171,910

15,269

1,435

19,442

369,091

46,371

1,254,236

111,405

10,471

248,223

1,811,016

1,152

2,814

7,023

8,405

20,533

51,243

80,181

1,891,197

8

RMB

61

98 (64,747)12,000,828 122,429(1,706,679)816,753

11,168,743

13,059,940

HUYAINC.

UNAUDITEDCONDENSEDCONSOLIDATEDBALANCESHEETS(CONTINUED)

(Allamountsinthousands,exceptshare,ADS,persharedataandperADSdata)

AsofDecember31,AsofSeptember30,

Shareholders’equity

ClassAordinaryshares(US$0.0001parvalue;

750,000,000sharesauthorizedasofDecember31,2022andSeptember30,2023,respectively;89,401,484and87,545,391sharesissuedand

outstandingasofDecember31,2022andSeptember30,2023,respectively)

ClassBordinaryshares(US$0.0001parvalue;

200,000,000sharesauthorizedasofDecember31,2022andSeptember30,2023,respectively;150,386,517and150,386,517sharesissuedandoutstandingasofDecember31,2022and

September30,2023,respectively)

Treasuryshares

Additionalpaid-incapital

Statutoryreserves

Accumulateddeficit

Accumulatedothercomprehensiveincome

Totalshareholders’equity

Totalliabilitiesandshareholders’equity

2022

RMB

60

98

-

11,922,820 122,429(1,786,800)584,765

10,843,372

13,147,007

2023

2023

US$

8

13 (8,874)1,644,850 16,780(233,920)111,945

1,530,802

1,790,014

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HUYAINC.

UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONS

(Allamountsinthousands,exceptshare,ADS,persharedataandperADSdata)

ThreeMonthsEnded

NineMonthsEnded

September30,

2022

June30,2023

September30,2023

September30,2023

September30,2022

September30,2023

September30,2023

RMBRMBRMBUS$RMBRMBUS$

Netrevenues

Livestreaming2,017,1281,715,6841,531,711209,9386,220,7525,107,319700,016

Advertisingandothers361,416105,757116,08315,910897,517311,15842,648

Totalnetrevenues2,378,5441,821,4411,647,794225,8487,118,2695,418,477742,664

Costofrevenues(1)(2,036,191)(1,548,407)(1,419,548)(194,565)(6,223,219)(4,660,720)(638,805)

Grossprofit

342,353273,034228,24631,283895,050757,757103,859

Operatingexpenses(1)

Researchanddevelopmentexpenses

(171,779)(144,339)(141,791)(19,434)(536,441)(438,573)(60,111)

Salesandmarketingexpenses

(124,293)(106,411)(94,897)(13,007)(369,622)(292,543)(40,096)

Generalandadministrativeexpenses

(78,653)(74,858)(60,463)(8,287)(241,266)(203,005)(27,824)

Totaloperatingexpenses(374,725)(325,608)(297,151)(40,728)(1,147,329)(934,121)(128,031)

Otherincome,net43,94923,78640,1855,508122,51068,1479,340

Operatingincome(loss)11,577(28,788)(28,720)(3,937)(129,769)(108,217)(14,832)

Interestandshort-terminvestmentsincome71,703125,313128,41517,601196,538350,08347,983

Gainonfairvaluechangeofinvestments 7,602--

Impairmentlossofinvestments-(65,115)(80,774)(11,071)-(145,889)(19,996)

Foreigncurrencyexchangelosses,net(3,309)(2,634)(1,974)(271)(6,233)(4,145)(568)

Incomebeforeincometaxexpenses79,97128,77616,9472,32268,13891,83212,587

Incometaxexpenses(19,593)(5,589)(4,841)(664)(30,289)(11,711)(1,605)

Incomebeforeshareofincome(loss)in

equitymethodinvestments,netof

incometaxes60,37823,18712,1061,65837,84980,12110,982

Shareofincome(loss)inequitymethod

investments,netofincometaxes45---(106)--

NetincomeattributabletoHUYAInc.60,42323,18712,1061,65837,74380,12110,982

Netincomeattributabletoordinary

shareholders60,42323,18712,1061,65837,74380,12110,982

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HUYAINC.

UNAUDITEDCONDENSEDCONSOLIDATEDSTATEMENTSOFOPERATIONS(CONTINUED)

(Allamountsinthousands,exceptshare,ADS,persharedataandperADSdata)

ThreeMonthsEnded

NineMonthsEnded

September30,

2022

June30,2023

September30,2023

September30,2023

September30,2022

September30,2023

September30,2023

NetincomeperADS*

—Basic

—Diluted

Netincomeperordinaryshare

—Basic

—Diluted

WeightedaveragenumberofADSusedincalculatingnetincomeperADS

—Basic

—Diluted

RMB

0.25

0.25

0.25

0.25

242,117,367

242,287,157

RMB

0.10

0.09

0.10

0.09

243,751,192

246,832,447

RMB

0.05

0.05

0.05

0.05

244,651,286

246,437,179

US$

0.01

0.01

0.01

0.01

244,651,286

246,437,179

RMB

0.16

0.16

0.16

0.16

241,077,573

241,563,318

RMB

0.33

0.32

0.33

0.32

243,736,441

246,529,235

US$

0.050.04

0.050.04

243,736,44