Joyy (JOYY) Equity Ratio (2011 - 2025)

Joyy (JOYY) recorded quarterly Equity Ratio of 0.87 in Q4 2025, down 0.78% quarter-over-quarter from 0.88 in Q3 2025, and up 37.72% on a YoY basis from 0.63 in Q4 2024.

Joyy (JOYY) Equity Ratio (2011 - 2025) Analysis & Trends

Joyy's Equity Ratio history runs 15 years deep, the most recent figure standing at 0.87 for Q4 2025.

  • In Q4 2025, Equity Ratio rose 37.72% year-over-year to 0.87; the TTM figure through Dec 2025 stood at 0.87 (up 37.72% YoY), while the FY2025 annual figure was 0.87, up 37.72% from the prior year.
  • Equity Ratio was 0.87 for Q4 2025 at Joyy, down from 0.88 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.88 in Q2 2025 to a low of 0.59 in Q1 2023.
  • Historically, Equity Ratio has averaged 0.67 across 5 years, with a median of 0.62 in 2023.
  • The sharpest annual moves came in 2021 and 2025: Equity Ratio decreased 21.77% in 2021, then jumped 40.26% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.61 in 2021, then decreased by 2.2% to 0.6 in 2022, then climbed by 4.53% to 0.62 in 2023, then advanced by 1.4% to 0.63 in 2024, then jumped by 37.72% to 0.87 in 2025.
  • The last three Equity Ratio figures came in at 0.87 (Q4 2025), 0.88 (Q3 2025), and 0.88 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 0.32
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 0.68
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 0.62
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 0.91
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 0.61
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 0.80
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 0.28
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 0.84
10 Joyy - - 205.64 Mn 0.87

Historic Data

Download Data
DateValue
Dec 31, 2025 0.87
Sep 30, 2025 0.88
Jun 30, 2025 0.88
Mar 31, 2025 0.87
Dec 31, 2024 0.63
Sep 30, 2024 0.65
Jun 30, 2024 0.66
Mar 31, 2024 0.62
Dec 31, 2023 0.62
Sep 30, 2023 0.63
Jun 30, 2023 0.62
Mar 31, 2023 0.59
Dec 31, 2022 0.60
Sep 30, 2022 0.62
Jun 30, 2022 0.60
Mar 31, 2022 0.61
Dec 31, 2021 0.61
Sep 30, 2021 0.61
Jun 30, 2021 0.61
Mar 31, 2021 0.61