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Kuaishou Technology
Previous close
$5.62
Year range
$4.68 - $8.54
Market cap
215.69B HKD
Avg Volume
1.03K
P/E ratio
-
Dividend yield
-
Primary exchange
HKG
In the news
Financials
Income Statement
Revenue
Net income
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Revenue | 35.38B | 8.67% |
Operating expense | 14.86B | 3.49% |
Net income | 3.97B | 10.01% |
Net profit margin | 11.22 | 1.26% |
Earnings per share | 1.06 | 8.90% |
EBITDA | 7.60B | 27.37% |
Effective tax rate | 7.28% | — |
Balance Sheet
Total assets
Total liabilities
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 51.50B | 5.07% |
Total assets | 139.87B | 31.59% |
Total liabilities | 77.85B | 36.05% |
Total equity | 62.02B | — |
Shares outstanding | 4.28B | — |
Price to book | 0.39 | — |
Return on assets | 7.85% | — |
Return on capital | 13.14% | — |
Cash Flow
Net change in cash
| (CNY) | Dec 2024info | Y/Y change |
|---|---|---|
Net income | 3.97B | 10.01% |
Cash from operations | 8.64B | 76.07% |
Cash from investing | -7.54B | -11.42% |
Cash from financing | -884.00M | -125.06% |
Net change in cash | 231.00M | -85.85% |
Free cash flow | 1.76B | -27.45% |
About
Kuaishou Technology is a Chinese publicly traded partly state-owned holding company based in Haidian District, Beijing, that was founded in 2011 by Hua Su and Cheng Yixiao. The company, listed on the Hong Kong Stock Exchange, is known for developing a mobile app for sharing users' short videos, a social network, and video special effects editor. The app is known as Kwai in many countries outside of China. It is also known as Snack Video in India, Pakistan and Indonesia.
As of 2019, it has a worldwide user base of over 200 million, leading the "Most Downloaded" lists of the Google Play and Apple App Store in eight countries, such as Brazil, where it was introduced in 2019. Its main competitor is Douyin, which is known as TikTok outside China.
Kuaishou's overseas team is led by the former CEO of the application 99, and staff from Google, Facebook, Netflix, and TikTok were recruited to lead the company's international expansion.
The China Internet Investment Fund, a state-owned enterprise controlled by the Cyberspace Administration of China, holds a golden share ownership stake in Kuaishou. Wikipedia
Founded
Mar 20, 2015
Headquarters
Employees
24,564
