KUASF - Kuaishou Technology
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$3.70
DETAILS
HIGH:
$3.70
LOW:
$3.70
MEDIAN:
$3.70
CONSENSUS:
$3.70
DOWNSIDE:
20.43%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 139,091.5 | 126,898 | 113,470 | 94,182.5 | 81,081.5 | 58,776.1 | 39,120.3 | 20,300.6 | 8,339.6 |
| Cost of Revenue | 63,729.8 | 57,606 | 56,079 | 52,051.4 | 47,051.8 | 34,961.5 | 25,016.8 | 14,498.4 | 5,728.7 |
| Gross Profit | 75,361.7 | 69,292 | 57,391 | 42,131.2 | 34,029.7 | 23,814.6 | 14,103.6 | 5,802.2 | 2,610.8 |
| Operating Expenses | |||||||||
| R&D Expenses | 13,032.8 | 12,199 | 12,338 | 13,784.2 | 14,956.2 | 6,547.6 | 2,944.3 | 1,755.3 | 476.6 |
| SG&A Expenses | 45,572 | 44,021 | 40,010 | 41,042.0 | 47,576.2 | 28,291.5 | 10,166.9 | 4,442.9 | 1,408.2 |
| Other Expenses | (1,252.0) | (2,215) | (1,388) | (137.2) | (1,026.7) | (704.5) | 270.8 | (11,935.1) | (20,521.4) |
| Operating Expenses | 57,352.8 | 54,005 | 50,960 | 54,689 | 61,505.7 | 34,134.6 | 13,382.0 | 6,452.2 | 2,044.9 |
| Operating Income | |||||||||
| Operating Income | 18,009.0 | 15,287 | 6,431 | (12,558.0) | (27,701.3) | (10,320.0) | 688.7 | (520.7) | 608.0 |
| Interest Expense | 1,088.2 | 700 | 495 | 549.0 | 562.3 | 225.1 | 103.3 | 53.1 | 6.3 |
| Interest Income | 943.0 | 1,071 | 1,116 | 731.8 | 520.8 | 210.1 | 92.4 | 106.1 | 2.5 |
| Profitability | |||||||||
| EBITDA | 25,018.3 | 23,334 | 10,050 | (4,605.6) | (23,562.2) | (7,081.2) | (17,001.8) | 288.2 | 701.8 |
| EBIT | 18,009.0 | 16,194 | 5,952 | (11,179) | (27,690.8) | (10,270.9) | (19,162.2) | (12,347.9) | (19,933.9) |
| Income Before Tax | 19,943.7 | 15,494 | 6,889 | (12,531.1) | (79,102.3) | (117,200.8) | (19,265.5) | (12,401.1) | (19,940.5) |
| Income Tax Expense | 1,800.3 | 150 | 490 | 1,158.3 | (1,025.2) | (565.5) | 386.1 | 28.2 | 104.4 |
| Net Income | 18,136.6 | 15,335 | 6,396 | (13,690.7) | (78,073.6) | (116,635.2) | (19,651.5) | (12,429.3) | (20,045.0) |
| Per Share Data | |||||||||
| EPS (Basic) | 4.27 | 3.56 | 1.48 | -3.22 | -18.47 | -28.04 | -4.73 | -3.03 | -4.88 |
| EPS (Diluted) | 4.13 | 3.48 | 1.44 | -3.22 | -18.47 | -28.04 | -4.73 | -3.03 | -4.88 |
| Shares Outstanding | 4,281 | 4,305 | 4,314 | 4,253.9 | 4,226.8 | 4,158.9 | 4,158.9 | 4,108.2 | 4,108.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 11,436.8 | 12,697 | 12,905 | 13,274.3 | 32,612.4 | 20,391.5 | 3,996.2 | 5,370.3 | 2,688.5 |
| Short-Term Investments | 50,988.7 | 38,805 | 35,952 | 22,131.7 | 12,667.6 | 6,419.5 | 10,173.3 | 4,273.5 | 2,472.0 |
| Net Receivables | 8,131.1 | 7,817 | 8,261 | 6,287.8 | 4,450.1 | 2,482.3 | 1,136.9 | 0 | 229.2 |
| Inventory | 0 | 0 | (25,128) | 58.8 | 3,126.2 | 2,198.4 | 1.4 | (4,273.5) | (2,472.0) |
| Other Current Assets | 5,307.6 | 2,279 | 27,201 | 0.2 | (493.3) | (404.2) | 570.8 | 414.3 | 388.5 |
| Total Current Assets | 77,588.2 | 62,869 | 60,361 | 45,858.7 | 53,010.9 | 31,528.2 | 17,311.1 | 10,783.1 | 5,641.6 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 31,429.9 | 23,695 | 22,728 | 23,992.6 | 23,584.0 | 12,405.8 | 10,584.9 | 3,693.0 | 1,922.9 |
| Goodwill | 845.4 | 845 | 845 | 845.0 | 845.0 | 837.0 | 837.0 | 816.1 | 0 |
| Intangible Assets | 141.1 | 241 | 228 | 305.6 | 355.2 | 410.8 | 283.3 | 229.8 | 34.9 |
| Long-Term Investments | 46,322.4 | 5,709 | 15,507 | (9,697.9) | (3,955.9) | (2,076.2) | (7,805.0) | (3,595.6) | (2,422.8) |
| Other Non-Current Assets | 2,672.3 | 39,910 | 6,600 | 22,907.9 | 13,271.0 | 6,728.5 | 10,342.9 | 4,391.3 | 2,509.5 |
| Total Non-Current Assets | 86,998.9 | 77,004 | 45,935 | 43,448.6 | 39,504.5 | 20,619.2 | 15,103.3 | 5,696.4 | 2,052.3 |
| Total Assets | 164,587.1 | 139,873 | 106,296 | 89,307.3 | 92,515.4 | 52,147.4 | 32,414.4 | 16,479.5 | 7,693.9 |
| Current Liabilities | |||||||||
| Account Payables | 27,222.7 | 27,470 | 23,601 | 22,868 | 20,021.1 | 11,544.3 | 9,055.1 | 2,025.6 | 1,802.5 |
| Short-Term Debt | 13,916 | 7,997 | 3,990 | 738 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 4,850.4 | 643.1 | 568.9 | 9,085.6 | 10,454.5 | 7,902.6 | 4,486.0 | 1,511.9 | 550.2 |
| Other Current Liabilities | 11,677.9 | 14,227 | 11,409 | (5,458.0) | (7,184.7) | (5,253.1) | (2,402.2) | 521.7 | 200.5 |
| Total Current Liabilities | 67,569.1 | 59,828 | 48,778 | 40,709.7 | 37,255.5 | 23,184.8 | 15,373.8 | 4,042.4 | 2,531.0 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 11,103.6 | 11,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 241.1 | 13 | 18 | 23.3 | 28.5 | 31.6 | 37.5 | 37.9 | 0 |
| Other Non-Current Liabilities | 69.0 | 143 | 21 | 16 | 55.6 | 185,372.8 | 69,444.2 | 47,211.4 | 26,652.6 |
| Total Non-Current Liabilities | 17,393.8 | 18,021 | 8,444 | 8,759.9 | 10,163.9 | 189,012.5 | 72,769.6 | 48,141.6 | 27,348.3 |
| Total Liabilities | 84,962.9 | 77,849 | 57,222 | 49,469.5 | 47,419.4 | 212,197.3 | 88,143.4 | 52,184.0 | 29,879.4 |
| Stockholders' Equity | |||||||||
| Common Stock | 0 | 0 | 0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (224,454.3) | (242,164) | (257,491) | (263,882.6) | (250,172.2) | (172,061.5) | (55,407.8) | (35,676.1) | (23,202.3) |
| Accumulated Other Comprehensive Income | 38,841.6 | 4,892.7 | 32,918 | 29,190.3 | 20,853.7 | 12,011.6 | (321.3) | (28.4) | 1,016.8 |
| Total Stockholders' Equity | 79,598.2 | 62,004 | 49,063 | 39,829.7 | 45,089.4 | (160,049.8) | (55,729.0) | (35,704.5) | (22,185.5) |
| Total Liabilities & Equity | 164,587.1 | 139,873 | 106,296 | 89,307.3 | 92,515.4 | 52,147.4 | 32,414.4 | 16,479.5 | 7,693.9 |
| Debt Metrics | |||||||||
| Total Debt | 34,953 | 29,533 | 15,722 | 12,933.9 | 13,608.7 | 5,707.4 | 4,625.0 | 1,390.8 | 871.0 |
| Net Debt | 23,516.2 | 16,836 | 2,817 | (340.3) | (19,003.7) | (14,684.1) | 628.8 | (3,979.5) | (1,817.5) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 18,136.6 | 15,494 | 6,889 | (12,531.1) | (79,102.3) | (117,200.8) | (19,265.5) | (12,401.1) | (19,940.5) |
| Depreciation & Amortization | 7,009.3 | 7,140 | 7,202 | 6,573.4 | 6,885.0 | 4,863.0 | 2,160.4 | 1,179.6 | 115.5 |
| Stock-Based Compensation | 2,630 | 2,349 | 3,570 | 6,249 | 7,830.2 | 1,840.9 | 742.3 | 701.6 | 296.5 |
| Change in Working Capital | 339.0 | 7,510 | 4,859 | 1,233.9 | 8,531.2 | 6,897.8 | 5,167.9 | 564.6 | 1,082.6 |
| Other Non-Cash Items | (1,109.3) | (2,706) | (1,739) | 112.2 | 51,704.4 | 107,014.1 | 20,040.8 | 11,986.5 | 20,501.3 |
| Operating Cash Flow | 27,005.6 | 29,787 | 20,781 | 2,198.0 | (5,519.3) | 2,288.6 | 8,020.1 | 1,819.3 | 2,055.4 |
| Investing Activities | |||||||||
| Capital Expenditure | (14,556.4) | (8,063) | (4,897) | (4,619.6) | (7,764.3) | (5,908.5) | (2,548.3) | (2,866.4) | (376.1) |
| Acquisitions | 21.4 | 0 | 0 | 123.5 | 0.3 | 1.3 | (32.4) | (485.1) | 0.3 |
| Purchases of Investments | (140,751.6) | (120,768) | 0 | (62,943.9) | (86,317.9) | (63,832.4) | (59,027.9) | (18,057.6) | (5,897.4) |
| Sales/Maturities of Investments | 129,415.8 | 91,355 | 58,792 | 49,945.3 | 75,643.8 | 64,849.5 | 51,453.8 | 15,785.8 | 3,376.5 |
| Other Investing Activities | (487.1) | 799 | (73,760) | (53.2) | 76.8 | 22.5 | 6.3 | 0.3 | 0.3 |
| Investing Cash Flow | (26,357.8) | (36,677) | (19,865) | (17,547.9) | (18,361.3) | (4,867.5) | (10,148.6) | (5,623.1) | (2,896.8) |
| Financing Activities | |||||||||
| Net Debt Issuance | 5,186.6 | 5,063 | (567) | 1,909 | (2,747.9) | (1,646.2) | 0 | 0 | 0 |
| Stock Repurchased | (2,851.5) | (4,884) | (1,300) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (1,753.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3,724.3) | 6,506 | 284 | (6,445.4) | (2,747.9) | (20.2) | (641.7) | (266.6) | (61.6) |
| Financing Cash Flow | (1,875.3) | 6,714 | (1,364) | (4,482.4) | 36,500.2 | 19,290.1 | 698.1 | 6,033.5 | 2,358.2 |
| Cash Position | |||||||||
| Net Change in Cash | (766.7) | (208) | (369) | (19,338.2) | 12,220.9 | 16,395.3 | (1,374.1) | 2,681.8 | 1,387.5 |
| Cash at Beginning | 12,203.5 | 12,905 | 13,274 | 32,612.4 | 20,391.5 | 3,996.2 | 5,370.3 | 2,688.5 | 1,301.0 |
| Cash at End | 11,436.8 | 12,697 | 12,905 | 13,274.3 | 32,612.4 | 20,391.5 | 3,996.2 | 5,370.3 | 2,688.5 |
| Free Cash Flow | 12,449.2 | 21,724 | 15,884 | (2,421.5) | (13,283.6) | (3,619.8) | 5,471.8 | (1,047.2) | 1,679.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 139,091.5 | 126,898 | 113,470 | 94,182.5 | 81,081.5 | 58,776.1 | 39,120.3 | 20,300.6 | 8,339.6 |
| Gross Profit | 75,361.7 | 69,292 | 57,391 | 42,131.2 | 34,029.7 | 23,814.6 | 14,103.6 | 5,802.2 | 2,610.8 |
| Operating Income | 18,009.0 | 15,287 | 6,431 | (12,558.0) | (27,701.3) | (10,320.0) | 688.7 | (520.7) | 608.0 |
| Net Income | 18,136.6 | 15,335 | 6,396 | (13,690.7) | (78,073.6) | (116,635.2) | (19,651.5) | (12,429.3) | (20,045.0) |
| EPS (Diluted) | 4.13 | 3.48 | 1.44 | -3.22 | -18.47 | -28.04 | -4.73 | -3.03 | -4.88 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 11,436.8 | 12,697 | 12,905 | 13,274.3 | 32,612.4 | 20,391.5 | 3,996.2 | 5,370.3 | 2,688.5 |
| Total Assets | 164,587.1 | 139,873 | 106,296 | 89,307.3 | 92,515.4 | 52,147.4 | 32,414.4 | 16,479.5 | 7,693.9 |
| Total Debt | 34,953 | 29,533 | 15,722 | 12,933.9 | 13,608.7 | 5,707.4 | 4,625.0 | 1,390.8 | 871.0 |
| Stockholders' Equity | 79,598.2 | 62,004 | 49,063 | 39,829.7 | 45,089.4 | (160,049.8) | (55,729.0) | (35,704.5) | (22,185.5) |
| Cash Flow | |||||||||
| Operating Cash Flow | 27,005.6 | 29,787 | 20,781 | 2,198.0 | (5,519.3) | 2,288.6 | 8,020.1 | 1,819.3 | 2,055.4 |
| Capital Expenditure | (14,556.4) | (8,063) | (4,897) | (4,619.6) | (7,764.3) | (5,908.5) | (2,548.3) | (2,866.4) | (376.1) |
| Free Cash Flow | 12,449.2 | 21,724 | 15,884 | (2,421.5) | (13,283.6) | (3,619.8) | 5,471.8 | (1,047.2) | 1,679.3 |