DouYu International Holdings Limited (DOYU) Key Metrics
DOYU key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Chinese yuanDOYU returns How much profit the business earns on the capital it uses.
DOYU financial health Debt, liquidity and how easily interest is covered.
DOYU efficiency & capital use Working capital cycle and where the cash goes.
DOYU returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DOYU debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DOYU cash returned to shareholders
DOYU key metrics in Chinese yuan
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −0.9% | −5.5% | 0.5% | −2.4% | −5.1% | 6.8% | 1.6% | — | — | — |
| Return on invested capital (ROIC) | — | −128.8% | −52.3% | — | — | — | — | — | — | — |
| Return on assets (ROA) | −0.7% | −4.4% | 0.4% | −1.9% | −4.0% | 5.4% | 0.4% | −23.3% | −67.7% | −100.5% |
| Return on tangible assets | −1.0% | −5.5% | 0.4% | −1.9% | −4.2% | 5.5% | 0.4% | −13.8% | −60.4% | −102.0% |
| Free cash flow margin | −1.4% | −5.9% | −1.2% | −0.2% | −7.7% | 6.1% | 9.5% | −12.4% | −21.9% | −96.7% |
| Income quality (OCF / net income) | — | — | −1.34 | — | — | 1.38 | 24.38 | — | — | — |
| Financial health | ||||||||||
| Total debt | CN¥8.0M | CN¥15.7M | CN¥21.5M | CN¥47.1M | CN¥61.7M | CN¥53.2M | CN¥642.0M | CN¥23.0M | CN¥333.2M | CN¥157.4M |
| Cash & short-term investments | CN¥2.26B | CN¥4.09B | CN¥6.16B | CN¥6.55B | CN¥6.53B | CN¥7.51B | CN¥8.09B | CN¥5.56B | CN¥539.6M | CN¥516.8M |
| Net debt | −CN¥2.26B | −CN¥4.07B | −CN¥6.14B | −CN¥6.51B | −CN¥6.47B | −CN¥7.46B | −CN¥7.45B | −CN¥5.54B | −CN¥206.4M | −CN¥359.4M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.09 | — | — | — |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.07 | 0.00 | 0.32 | 0.20 |
| Net debt / EBITDA | −53.15 | — | — | — | — | −19.99 | — | — | — | — |
| Current ratio | 2.33 | 3.63 | 4.86 | 4.54 | 3.91 | 4.27 | 4.79 | 2.14 | 0.99 | 1.29 |
| Quick ratio | 2.33 | 3.63 | 4.86 | 4.52 | 3.86 | 4.23 | 4.74 | 2.09 | 0.89 | 1.22 |
| Interest coverage | — | — | — | -1.5 | -4.9 | — | — | — | — | -87.2 |
| Working capital | CN¥1.50B | CN¥3.24B | CN¥5.31B | CN¥5.52B | CN¥5.38B | CN¥6.15B | CN¥6.81B | CN¥3.25B | −CN¥9.1M | CN¥152.0M |
| Invested capital | −CN¥266.5M | CN¥138.2M | CN¥554.1M | CN¥54.9M | −CN¥137.2M | −CN¥517.9M | −CN¥186.7M | −CN¥8.55B | −CN¥2.68B | −CN¥2.23B |
| Tangible asset value | CN¥1.92B | CN¥4.15B | CN¥6.57B | CN¥6.44B | CN¥6.08B | CN¥6.82B | CN¥7.03B | −CN¥3.16B | −CN¥2.49B | −CN¥1.89B |
| Net current asset value | CN¥1.50B | CN¥3.23B | CN¥5.30B | CN¥5.49B | CN¥5.33B | CN¥6.10B | CN¥6.76B | −CN¥3.39B | −CN¥2.64B | −CN¥1.98B |
| Capital allocation | ||||||||||
| Dividends paid | CN¥2.15B | CN¥2.10B | CN¥0 | CN¥0 | — | — | CN¥0 | CN¥0 | CN¥0 | CN¥4.5M |
| Share buybacks (net) | CN¥0 | CN¥105.5M | CN¥0 | CN¥15.8M | CN¥107.2M | CN¥579.8M | CN¥115.3M | CN¥40.0M | CN¥0 | CN¥0 |
| Dividend payout ratio | — | — | 0.0% | — | — | — | 0.0% | — | — | — |
| Dividends + buybacks / free cash flow | — | — | — | — | — | 99.1% | 16.7% | — | — | — |
| Capex / revenue | 0.0% | 0.3% | 0.3% | 0.0% | 1.3% | 0.9% | 1.7% | 3.2% | 1.7% | 6.0% |
| Capex / operating cash flow | — | — | — | — | — | 12.3% | 15.0% | — | — | — |
| Capex / depreciation | 0.06 | 0.21 | 0.17 | 0.01 | 1.38 | 0.74 | 1.35 | 2.55 | 1.23 | 6.63 |
| Stock-based compensation / revenue | — | 0.0% | 0.0% | 0.1% | 1.4% | 1.5% | 4.0% | 1.0% | 0.9% | 3.2% |
| R&D / revenue | 3.2% | 4.3% | 5.0% | 5.4% | 5.3% | 4.3% | 5.3% | 9.0% | 11.2% | 11.9% |
| SG&A / revenue | 3.6% | 12.1% | 4.3% | 4.1% | 4.1% | 3.9% | 6.1% | 5.4% | 21.8% | 40.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 32.9 | 33.4 | 19.2 | 9.6 | 8.7 | 8.0 | 14.9 | 30.7 | 33.8 | 54.3 |
| Days of inventory on hand | — | — | 1.2 | 3.7 | 3.8 | 3.9 | 6.9 | 11.5 | 12.0 | 12.4 |
| Days payables outstanding | 57.7 | 47.8 | 45.2 | 44.5 | 40.9 | 42.6 | 50.7 | 65.2 | 76.1 | 106.2 |
| Cash conversion cycle (days) | -24.8 | -14.4 | -24.8 | -31.2 | -28.4 | -30.7 | -28.9 | -23.1 | -30.3 | -39.5 |
| Receivables turnover | 11.09 | 10.94 | 18.98 | 38.04 | 41.91 | 45.62 | 24.50 | 11.89 | 10.80 | 6.72 |
| Payables turnover | 6.32 | 7.64 | 8.07 | 8.21 | 8.92 | 8.57 | 7.20 | 5.59 | 4.80 | 3.44 |
| Inventory turnover | — | — | 301.76 | 99.05 | 95.26 | 93.87 | 53.17 | 31.76 | 30.48 | 29.51 |
| Asset turnover | 0.89 | 0.63 | 0.68 | 0.87 | 1.07 | 1.07 | 0.93 | 0.97 | 2.08 | 1.01 |
| Average receivables | CN¥344.3M | CN¥390.3M | CN¥291.3M | CN¥186.9M | CN¥218.7M | CN¥210.5M | CN¥297.3M | CN¥307.3M | CN¥174.6M | CN¥117.1M |
| Average payables | CN¥526.6M | CN¥516.5M | CN¥600.7M | CN¥745.6M | CN¥905.1M | CN¥938.1M | CN¥845.2M | CN¥626.2M | CN¥394.0M | CN¥336.0M |
| Average inventory | — | — | CN¥16.1M | CN¥61.8M | CN¥84.8M | CN¥85.7M | CN¥114.5M | CN¥110.3M | CN¥62.0M | CN¥39.1M |
| Intangibles / total assets | 2.2% | 1.1% | 1.5% | 1.5% | 2.1% | 1.7% | 2.5% | 2.2% | 1.6% | 1.5% |
Computed from DOYU's annual financial statements (latest annual report filed April 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Chinese yuan; data from EODHD. Averages use the opening and closing balance of each year.
DOYU valuation and financial ratios
DouYu International earned a return on equity of −0.9% in fiscal 2025. It ended the year with CN¥8.0 million of debt and CN¥2.3 billion in cash and short-term investments, a net cash position of CN¥2.3 billion. It returned CN¥2.2 billion to shareholders: CN¥2.2 billion in dividends and CN¥0 in share buybacks.
See the DOYU income statement, the DOYU chart for price history, or the DOYU stock overview for the latest quote and news.
DOYU key metrics FAQ
What is DouYu International's return on equity?
DouYu International's return on equity (ROE) was −0.9% in fiscal 2025: net income of -CN¥29.1 million on average shareholders' equity of CN¥3.1 billion.
How much debt does DouYu International have?
DouYu International had total debt of CN¥8.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is DouYu International's current ratio?
DouYu International's current ratio was 2.33 at the end of fiscal 2025: current assets were 2.33 times current liabilities.