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Tuya (TUYA) Financials

Tuya logo
$2.34 -0.05 (-2.13%)
Closing price 03:59 PM Eastern
Extended Trading
$2.36 +0.02 (+0.90%)
As of 07:31 PM Eastern
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Annual Income Statements for Tuya

Annual Income Statements for Tuya

This table shows Tuya's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -74 -67 -175 -146 -60 5.00
Consolidated Net Income / (Loss)		 -70 -67 -175 -146 -60 5.00
Net Income / (Loss) Continuing Operations		 -70 -67 -175 -146 -60 5.00
Total Pre-Tax Income 		-70 -67 -175 -144 -57 7.14
Total Operating Income		 -73 -70 -184 -168 -106 -48
Total Gross Profit		 28 62 128 89 107 141
Total Revenue		 106 180 302 208 230 299
Operating Revenue		 106 180 302 208 230 299
Total Cost of Revenue		 78 118 174 119 123 157
Operating Cost of Revenue		 78 118 174 119 123 157
Total Operating Expenses		 101 132 311 258 212 189
Selling, General & Admin Expense		 12 18 72 68 81 68
Marketing Expense		 37 38 75 56 40 37
Research & Development Expense		 52 77 174 145 102 95
Other Operating Expenses / (Income)		 0.01 -1.07 -9.84 -11 -11 -11
Total Other Income / (Expense), net		 3.09 3.14 8.63 24 49 55
Interest & Investment Income		 3.33 3.22 7.29 19 45 51
Other Income / (Expense), net		 -0.24 -0.08 1.34 5.35 3.78 4.04
Income Tax Expense		 0.12 0.21 0.49 1.88 3.25 2.15
Basic Earnings per Share		 ($0.33) ($0.30) ($0.36) ($0.26) ($0.11) $0.01
Weighted Average Basic Shares Outstanding		 221.98M 221.98M 489.15M 553.53M 555.47M 573.78M
Diluted Earnings per Share		 ($0.33) ($0.30) ($0.36) ($0.26) ($0.11) $0.01
Weighted Average Diluted Shares Outstanding		 221.98M 221.98M 489.15M 553.53M 555.47M 591.01M
Weighted Average Basic & Diluted Shares Outstanding		 - - 571.25M 578.55M 574.59M 574.59M

Quarterly Income Statements for Tuya

No quarterly income statements for Tuya are available.

Annual Cash Flow Statements for Tuya

This table details how cash moves in and out of Tuya's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 267 -54 806 -831 366 155
Net Cash From Operating Activities		 -57 -49 -126 -71 36 80
Net Cash From Continuing Operating Activities		 84 -49 -126 -71 36 80
Net Income / (Loss) Continuing Operations		 70 -67 -175 -146 -60 5.00
Consolidated Net Income / (Loss)		 70 -67 -175 -146 -60 5.00
Depreciation Expense		 0.76 1.66 3.37 3.44 2.45 1.60
Amortization Expense		 2.64 4.02 6.98 4.77 4.10 3.47
Non-Cash Adjustments To Reconcile Net Income		 5.30 23 75 62 88 70
Changes in Operating Assets and Liabilities, net		 5.22 -11 -36 5.34 1.93 0.12
Net Cash From Investing Activities		 8.49 -7.85 -113 -714 332 107
Net Cash From Continuing Investing Activities		 8.49 -7.85 -113 -714 332 107
Purchase of Property, Plant & Equipment		 -2.49 -3.20 -6.19 -0.71 -1.50 -13
Purchase of Investments		 -270 -197 -490 -1,259 -520 -277
Sale of Property, Plant & Equipment		 0.01 0.01 0.03 0.46 0.51 0.16
Sale and/or Maturity of Investments		 281 193 386 544 854 398
Other Investing Activities, net		 0.00 0.00 -2.30 1.50 0.00 0.00
Net Cash From Financing Activities		 174 -0.17 1,042 -39 -2.22 -33
Net Cash From Continuing Financing Activities		 174 -0.17 1,042 -39 -2.22 -33
Repurchase of Common Equity		 0.00 -0.18 -64 -49 -3.41 -0.35
Payment of Dividends		 - - - - - -33
Issuance of Debt		 - 0.00 200 9.06 0.00 0.00
Issuance of Common Equity		 0.00 0.00 905 0.00 0.00 0.00
Other Financing Activities, net		 0.00 0.01 1.07 1.04 1.19 0.17
Effect of Exchange Rate Changes		 - 2.90 2.88 -7.95 -1.15 0.12
Cash Income Taxes Paid		 -0.20 -0.21 0.62 0.84 2.82 2.69

Quarterly Cash Flow Statements for Tuya

No quarterly cash flow statements for Tuya are available.

Annual Balance Sheets for Tuya

This table presents Tuya's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 267 1,248 1,056 1,066 1,104
Total Current Assets		 248 1,191 1,023 848 903
Cash & Equivalents		 159 964 133 499 653
Restricted Cash		 0.16 0.64 - - 0.05
Short-Term Investments		 21 102 821 291 195
Note & Lease Receivable		 9.13 1.39 2.77 4.96 7.49
Accounts Receivable		 12 33 12 9.21 7.59
Inventories, net		 42 63 45 33 24
Prepaid Expenses		 4.39 28 8.75 11 16
Plant, Property, & Equipment, net		 4.37 6.81 3.83 2.59 6.62
Total Noncurrent Assets		 15 50 29 216 194
Long-Term Investments		 0.92 26 18 207 180
Other Noncurrent Operating Assets		 14 24 11 8.52 14
Total Liabilities & Shareholders' Equity		 267 1,248 1,056 1,066 1,104
Total Liabilities		 98 134 94 96 96
Total Current Liabilities		 92 109 81 88 94
Accounts Payable		 23 12 9.60 12 19
Accrued Expenses		 32 51 33 33 32
Current Deferred Revenue		 31 40 34 39 7.53
Current Deferred & Payable Income Tax Liabilities		 0.16 - 0.00 0.69 0.36
Other Current Liabilities		 6.33 5.70 3.85 3.88 35
Total Noncurrent Liabilities		 6.40 25 13 8.30 2.00
Noncurrent Deferred Revenue		 0.71 0.86 0.39 0.51 0.38
Other Noncurrent Operating Liabilities		 5.69 25 12 7.80 1.62
Total Equity & Noncontrolling Interests		 -165 1,114 962 971 1,007
Total Preferred & Common Equity		 -165 1,114 962 971 1,007
Total Common Equity		 -165 1,114 962 971 1,007
Common Stock		 27 1,526 1,585 1,616 1,613
Retained Earnings		 -192 -368 -514 -575 -570
Treasury Stock		 0.00 -47 - -54 -16
Accumulated Other Comprehensive Income / (Loss)		 0.48 2.32 -22 -17 -20

Quarterly Balance Sheets for Tuya

No quarterly balance sheets for Tuya are available.

Annual Metrics and Ratios for Tuya

This table displays calculated financial ratios and metrics derived from Tuya's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 70.03% 67.94% -31.09% 10.48% 29.84%
EBITDA Growth		 0.00% 8.59% -167.54% 10.03% 38.25% 59.67%
EBIT Growth		 0.00% 5.09% -160.59% 10.63% 37.34% 57.30%
NOPAT Growth		 0.00% 4.89% -162.81% 8.38% 37.08% 55.02%
Net Income Growth		 0.00% 5.06% -162.17% 16.67% 58.74% 108.28%
EPS Growth		 0.00% 9.09% -20.00% 27.78% 57.69% 109.09%
Operating Cash Flow Growth		 0.00% 13.00% -156.25% 43.97% 151.58% 120.49%
Free Cash Flow Firm Growth		 0.00% 0.00% -335.23% 46.22% 33.56% 31.62%
Invested Capital Growth		 0.00% 0.00% 276.13% -148.67% -162.18% 22.79%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - -
Gross Margin		 26.27% 34.43% 42.33% 42.96% 46.37% 47.36%
EBITDA Margin		 -66.44% -35.72% -56.90% -74.28% -41.52% -12.90%
Operating Margin		 -69.42% -38.83% -60.77% -80.79% -46.01% -15.95%
EBIT Margin		 -69.65% -38.88% -60.32% -78.22% -44.37% -14.59%
Profit (Net Income) Margin		 -66.62% -37.20% -58.07% -70.22% -26.23% 1.67%
Tax Burden Percent		 100.18% 100.31% 100.28% 101.30% 105.69% 69.97%
Interest Burden Percent		 95.49% 95.40% 96.00% 88.61% 55.92% -16.39%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 30.03%
Return on Invested Capital (ROIC)		 0.00% 0.00% -2,848.42% -2,197.69% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% -2,841.05% -2,194.93% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 2,821.06% 2,183.61% 0.00% 0.00%
Return on Equity (ROE)		 0.00% -39.59% -27.35% -14.08% -6.24% 0.51%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -772.37% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -26.16% -24.05% -14.13% -9.62% -4.02%
Return on Assets (ROA)		 0.00% -25.03% -23.15% -12.69% -5.68% 0.46%
Return on Common Equity (ROCE)		 0.00% 38.58% -20.24% -14.08% -6.24% 0.51%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 40.63% -15.75% -15.19% -6.21% 0.50%
Net Operating Profit after Tax (NOPAT)		 -51 -49 -128 -118 -74 -33
NOPAT Margin		 -48.59% -27.18% -42.54% -56.55% -32.21% -11.16%
Net Nonoperating Expense Percent (NNEP)		 0.00% -19.93% -7.37% -2.75% 1.40% 3.78%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - -3.31%
Cost of Revenue to Revenue		 73.73% 65.57% 57.67% 57.04% 53.63% 52.64%
SG&A Expenses to Revenue		 11.53% 9.93% 23.70% 32.43% 35.07% 22.86%
R&D to Revenue		 49.16% 43.05% 57.70% 69.63% 44.47% 31.83%
Operating Expenses to Revenue		 95.69% 73.26% 103.10% 123.75% 92.39% 63.31%
Earnings before Interest and Taxes (EBIT)		 -74 -70 -182 -163 -102 -44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -70 -64 -172 -155 -95 -39
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.24 1.13 1.37 1.01
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.24 1.13 1.37 1.01
Price to Revenue (P/Rev)		 8.65 5.09 0.90 5.24 5.79 3.40
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 203.32
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 3.33%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.49%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 5.94 0.00 0.57 1.45 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 9.15 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 -1.07 -0.99 -0.99 -1.02 -1.02
Leverage Ratio		 0.00 1.58 1.18 1.11 1.10 1.10
Compound Leverage Factor		 0.00 1.51 1.13 0.98 0.61 -0.18
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 197.44% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% -97.44% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 5.09 1.60 7.04 8.33 6.62
Noncontrolling Interest Sharing Ratio		 0.00% 197.44% 26.01% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - -
Current Ratio		 0.00 2.70 10.92 12.59 9.69 9.57
Quick Ratio		 0.00 2.19 10.08 11.92 9.18 9.15
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -37 -161 -87 -58 -39
Operating Cash Flow to CapEx		 -2,278.93% -1,539.77% -2,045.47% -28,721.14% 3,681.11% 621.20%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.00 0.67 0.40 0.18 0.22 0.28
Accounts Receivable Turnover		 0.00 14.60 13.42 9.28 21.51 35.54
Inventory Turnover		 0.00 2.79 3.32 2.20 3.15 5.54
Fixed Asset Turnover		 0.00 41.12 54.04 39.16 71.69 64.86
Accounts Payable Turnover		 0.00 5.09 9.85 10.89 11.65 10.26
Days Sales Outstanding (DSO)		 0.00 24.99 27.20 39.34 16.97 10.27
Days Inventory Outstanding (DIO)		 0.00 130.81 109.84 165.92 115.78 65.84
Days Payable Outstanding (DPO)		 0.00 71.67 37.05 33.51 31.33 35.56
Cash Conversion Cycle (CCC)		 0.00 84.13 99.98 171.75 101.42 40.55
Capital & Investment Metrics		 - - - - - -
Invested Capital		 0.00 -12 21 -10 -27 -21
Invested Capital Turnover		 0.00 -30.36 66.96 38.86 -12.50 -12.65
Increase / (Decrease) in Invested Capital		 0.00 -12 33 -31 -16 6.07
Enterprise Value (EV)		 0.00 1,068 -820 119 333 -12
Market Capitalization		 915 915 272 1,091 1,331 1,016
Book Value per Share		 $0.00 ($0.74) $2.28 $1.68 $1.68 $1.75
Tangible Book Value per Share		 $0.00 ($0.74) $2.28 $1.68 $1.68 $1.75
Total Capital		 0.00 169 1,114 962 971 1,007
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 -181 -1,093 -972 -997 -1,028
Capital Expenditures (CapEx)		 2.48 3.20 6.17 0.25 0.99 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -24 15 -12 -29 -39
Debt-free Net Working Capital (DFNWC)		 0.00 156 1,082 942 760 809
Net Working Capital (NWC)		 0.00 156 1,082 942 760 809
Net Nonoperating Expense (NNE)		 19 18 47 28 -14 -38
Net Nonoperating Obligations (NNO)		 0.00 -181 -1,093 -972 -997 -1,028
Total Depreciation and Amortization (D&A)		 3.40 5.68 10 8.21 6.55 5.07
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -13.25% 5.12% -5.87% -12.80% -13.14%
Debt-free Net Working Capital to Revenue		 0.00% 86.79% 358.24% 452.55% 330.56% 270.81%
Net Working Capital to Revenue		 0.00% 86.79% 358.24% 452.55% 330.56% 270.81%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($0.36) ($0.26) ($0.11) $0.01
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 489.15M 553.53M 555.47M 573.78M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.36) ($0.26) ($0.11) $0.01
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 489.15M 553.53M 555.47M 591.01M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 571.25M 578.55M 574.59M 574.59M
Normalized Net Operating Profit after Tax (NOPAT)		 -51 -49 -128 -118 -74 -33
Normalized NOPAT Margin		 -48.59% -27.18% -42.54% -56.55% -32.21% -11.16%
Pre Tax Income Margin		 -66.50% -37.08% -57.91% -69.32% -24.81% 2.39%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 660.84%
Augmented Payout Ratio		 0.00% -0.27% -36.48% -33.30% -5.65% 667.76%

Quarterly Metrics and Ratios for Tuya

No quarterly metrics and ratios for Tuya are available.

Frequently Asked Questions About Tuya's Financials

When does Tuya's fiscal year end?

According to the most recent income statement we have on file, Tuya's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Tuya's net income changed over the last 5 years?

Tuya's net income appears to be on a downward trend, with a most recent value of $5.00 million in 2024, falling from -$70.48 million in 2019. The previous period was -$60.32 million in 2023.

What is Tuya's operating income?
Tuya's total operating income in 2024 was -$47.62 million, based on the following breakdown:
  • Total Gross Profit: $141.43 million
  • Total Operating Expenses: $189.05 million
How has Tuya revenue changed over the last 5 years?

Over the last 5 years, Tuya's total revenue changed from $105.79 million in 2019 to $298.62 million in 2024, a change of 182.3%.

How much debt does Tuya have?

Tuya's total liabilities were at $96.33 million at the end of 2024, a 0.5% increase from 2023, and a 2.0% decrease since 2020.

How much cash does Tuya have?

In the past 4 years, Tuya's cash and equivalents has ranged from $133.16 million in 2022 to $963.94 million in 2021, and is currently $653.33 million as of their latest financial filing in 2024.

How has Tuya's book value per share changed over the last 5 years?

Over the last 5 years, Tuya's book value per share changed from 0.00 in 2019 to 1.75 in 2024, a change of 175.3%.


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This page (NYSE:TUYA) was last updated on 5/5/2025 by MarketBeat.com Staff
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