DouYu International Holdings Limited ADS (DOYU)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn good returns on capital and sell at a sensible price. DouYu is not that today. In fiscal Q2 2026, revenue was $981.1M but net income was -$72.3M, a -7.37% margin. That is a money-losing quarter. At the 2026-10-13 close of $3.74, FairStock calculates a negative P/E of -23.38 and an EV/EBITDA of -83.89, confirming reported profits are negative. The balance sheet is modestly leveraged, with D/E of 0.01, but returns are poor: FairStock shows ROE -1.65% and ROCE 0.35%. FairStock's Piotroski F-Score is 3/9 and Altman Z-Score is -0.82, signs of financial fragility. The P/B of 0.40 means the market values the business at less than half its stated book value, which can be a Graham-style bargain if assets are real and losses stop. But the provided revenue growth figure is -13.22%, so the core live-streaming business is shrinking. FairStock Score is 56/100. The Lynch category is none because only 0 years of filed results meet its three-year rule, so there is no proven long-term earnings record. I see no durable moat: live streaming is competitive and dependent on talent and content. Without a credible path to stable revenue and positive earnings, the low price to book is not enough evidence of a value opportunity.

In plain English: DouYu runs live-streaming platforms for games and entertainment in China. It is losing money, sales are shrinking, and the latest quarter showed a loss, so the business looks weak. At $3.74, the shares trade below the company's accounting net worth, but with no profits and falling sales, that low price is not clearly a bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer