v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common shares
Class A common shares
Common shares
Class B common shares
Treasury Stock
Additional paid-in capital
Statutory reserves
Retained earnings
Accumulated other comprehensive income (loss)
Total JOYY Inc.'s shareholders' equity
Non controlling interests
Class A common shares
Class B common shares
Total
Balance at Dec. 31, 2021 $ 13 $ 3 $ (526,724) $ 3,246,523 $ 26,804 $ 2,712,534 $ 69,175 $ 5,528,328 $ 34,137     $ 5,562,465
Balance (in shares) at Dec. 31, 2021 1,146,336,305 326,509,555                    
Issuance of common shares for vested restricted shares and restricted share units   $ 0                    
Issuance of common shares for vested restricted shares and restricted share units (in shares) 780,263                      
Transfer from treasury shares to issued common shares for vested restricted share units   0 10,260 (10,260)                
Transfer from treasury shares to issued common shares for vested restricted share units (in shares) 3,567,640                      
Share-based compensation   0   42,446       42,446 1,650     44,096
Appropriation to statutory reserves   0     5,732 (5,732)            
Share of changes in the equity method investments' capital accounts   0   146   (14) 15,549 15,681       15,681
Repurchase of common shares   0 (138,677)         (138,677)       (138,677)
Repurchase of common shares (in shares) (84,507,180)                      
Dividends declared $ 0 0 0 0 0 (145,190) 0 (145,190) (63)     (145,253)
Net income attributable to JOYY Inc. and non-controlling interest shareholders   0       128,891   128,891 (27,323)     101,568
Accretion of subsidiaries' redeemable convertible preferred shares to redemption value   0       (5,426)   (5,426) (108)     (5,534)
Gain on repurchase of redeemable convertible preferred shares of a subsidiary                       0
Exercise/settlement of RSU's in subsidiaries   0   (877)       (877) 932     55
Non-controlling interest arising from an acquisition   0             222,741     222,741
Other comprehensive loss   0         (246,959) (246,959) 1,183     (245,776)
Balance at Dec. 31, 2022 $ 13 $ 3 (655,141) 3,277,978 32,536 2,685,063 (162,235) 5,178,217 233,149     $ 5,411,366
Balance (in shares) at Dec. 31, 2022 1,066,177,028 326,509,555                    
Issuance of common shares for vested restricted shares and restricted share units (in shares) 3,471                      
Transfer from treasury shares to issued common shares for vested restricted share units     14,085 (14,085)                
Transfer from treasury shares to issued common shares for vested restricted share units (in shares) 7,240,060                     7,240,060
Share-based compensation       30,263       30,263 1,716     $ 31,979
Appropriation to statutory reserves         5,179 (5,179)            
Capital injection in subsidiaries from non-controlling interest shareholders       68,738       68,738 (86,934)     (18,196)
Share of changes in the equity method investments' capital accounts       (26,175)   (9) 1,687 (24,497)       (24,497)
Repurchase of common shares $ (4)   (272,883) (50,000)       (322,887)       (322,887)
Repurchase of common shares (in shares) (182,576,920)                      
Repurchase of non-controlling interest and redeemable non-controlling interests       (389)       (389)       (389)
Deconsolidation of subsidiaries         (6) 6 (1,135) (1,135) 6,415     5,280
Dividends declared           (82,072)   (82,072)       (82,072)
Net income attributable to JOYY Inc. and non-controlling interest shareholders           301,816   301,816 (29,398)     272,418
Accretion of subsidiaries' redeemable convertible preferred shares to redemption value           (5,048)   (5,048) (302)     (5,350)
Gain on repurchase of redeemable convertible preferred shares of a subsidiary           52,583   52,583       52,583
Exercise/settlement of RSU's in subsidiaries       (11,351)       (11,351) 11,500     149
Settlement of capped call options       7,775       7,775       7,775
Other comprehensive loss             (35,327) (35,327) (2,816)     (38,143)
Balance at Dec. 31, 2023 $ 9 $ 3 (913,939) 3,282,754 37,709 2,947,160 (197,010) 5,156,686 133,330     $ 5,290,016
Balance (in shares) at Dec. 31, 2023 890,843,639 326,509,555               890,843,639 326,509,555  
Issuance of common shares for vested restricted shares and restricted share units (in shares) (3,962)                      
Transfer from treasury shares to issued common shares for vested restricted share units (in shares) 8,063,760                     8,063,760
Share-based compensation       22,168       22,168 1,032     $ 23,200
Appropriation to statutory reserves         2,814 (2,814)            
Repurchase of common shares $ (2)   (309,247) 50,000       (259,249)       (259,249)
Repurchase of common shares (in shares) (184,240,240)                      
Repurchase of non-controlling interest and redeemable non-controlling interests       (180)       (180)       (180)
Deconsolidation of subsidiaries         (23) 23            
Net income attributable to JOYY Inc. and non-controlling interest shareholders           (146,236)   (146,236) (96,402)     (242,638)
Accretion of subsidiaries' redeemable convertible preferred shares to redemption value           (1,388)   (1,388) (212)     (1,600)
Gain on repurchase of redeemable convertible preferred shares of a subsidiary                       0
Exercise/settlement of RSU's in subsidiaries       (9,206)       (9,206) 9,385     179
Other comprehensive loss             (50,605) (50,605) 635     (49,970)
Balance at Dec. 31, 2024 $ 7 $ 3 $ (1,223,186) $ 3,345,536 $ 40,500 $ 2,796,745 $ (247,615) $ 4,711,990 $ 47,768     $ 4,759,758
Balance (in shares) at Dec. 31, 2024 714,663,197 326,509,555               714,663,197 326,509,555