Kuaishou Technology Class B (1024) AI Stock Analysis

• Market Cap: HK$291.51B
• Dividend Yield: N/A
• Average Volume (3M): 41.89M
• Price to Earnings (P/E): 15.4
• Beta (1Y): 1.79
• Revenue Growth: 11.37%
• EPS Growth: 16.74%
• Country: HK
• Employees: 24,718
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 1.12
• Shares Outstanding: 3,612,915,000
• 10 Day Avg. Volume: 40,380,915
• 30 Day Avg. Volume: 41,886,983
• PEG Ratio: 0.08
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 1.35
• P/FCF Ratio: 7.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$88.61
• Price Target Upside: 31.37% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 27
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: HK$71.00 ▲(5.26% Upside)

Kuaishou Technology's overall stock score reflects strong financial performance and positive earnings call insights, indicating robust growth and strategic progress. However, bearish technical indicators and moderate valuation metrics temper the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

AI Strategy Success

Successful AI initiatives enhance operational efficiency and open new revenue streams, bolstering competitive advantage and future growth.

Strong Profitability

Improved profitability reflects efficient cost management and robust business operations, ensuring financial health and shareholder value.

Negative Factors

Moderate Live-streaming Growth

Slower growth in live-streaming could limit revenue diversification and suggests challenges in maintaining user engagement in this segment.

Increasing CapEx

Rising capital expenditures may strain cash flow and impact short-term profitability, though they could support long-term strategic goals.

Cautious Consumer Spending

Conservative consumer spending patterns may hinder revenue growth, reflecting broader economic uncertainties impacting discretionary spending.

Kuaishou Technology Class B Business Overview & Revenue Model

Company Description

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; AcFun, a video sharing website; and Kuaikandian, an information content aggregator. The company also develops and sells in-house mobile games, as well as games developed by third party game developers; provides online knowledge-sharing through its platform; and offers live streaming e-commerce content services. In addition, it develops software, hardware, and network technology; and offers programming and advertising, internet information, and multimedia information technology services, as well as provides technology development, promotion, and other services. Kuaishou Technology was founded in 2011 and is headquartered in Beijing, China.

How the Company Makes Money

Kuaishou generates revenue through multiple streams, primarily focusing on advertising, live streaming, and e-commerce. The advertising model includes brand partnerships and promotional content that appear within the app, enabling businesses to reach a broad audience. Live streaming allows content creators to earn money through virtual gifts purchased by viewers, with Kuaishou taking a percentage of these transactions. Additionally, the company has integrated e-commerce features, allowing users to purchase products directly through the app, further diversifying its revenue sources. Significant partnerships with brands and advertisers enhance its earning potential, while its large user base drives engagement and monetization opportunities.

Kuaishou Technology Class B Financial Statement Overview

Summary

Kuaishou Technology demonstrates strong financial performance with significant revenue growth, improved profitability, and robust cash flow generation. The company's solid balance sheet and effective cash management reflect stability and potential for future growth. Despite an increase in liabilities, the financial outlook remains positive.

Income Statement

Kuaishou Technology has demonstrated strong revenue growth with a 11.8% increase from 2023 to 2024. The company achieved a solid gross profit margin of 54.6% and a net profit margin of 12.1% in 2024. Additionally, the EBIT margin improved significantly to 12.0%, reflecting enhanced operational efficiency. These metrics indicate robust growth and profitability, positioning the company favorably within its industry.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of 44.3% and a manageable debt-to-equity ratio of 0.35 in 2024, indicating a strong financial structure. With a return on equity of 24.7%, Kuaishou is effectively generating returns on shareholders' investments. However, the increase in total liabilities suggests a potential risk that needs monitoring.

Cash Flow

Kuaishou's cash flow statement highlights a substantial growth in free cash flow from 2023 to 2024. The operating cash flow to net income ratio of 1.94 reflects strong cash generation capabilities. Additionally, the free cash flow to net income ratio is 1.94, indicating efficient cash management and solid financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	134.17B	126.90B	113.47B	94.18B	81.08B	58.78B
Gross Profit	73.33B	69.29B	57.39B	42.13B	34.03B	23.81B
EBITDA	23.88B	17.74B	14.59B	-5.41B	-71.65B	-112.11B
Net Income	16.14B	15.34B	6.40B	-13.69B	-78.08B	-116.64B
Balance Sheet
Total Assets	155.54B	139.87B	106.30B	89.31B	92.52B	52.15B
Cash, Cash Equivalents and Short-Term Investments	57.15B	51.50B	48.86B	35.41B	45.28B	26.81B
Total Debt	36.53B	29.53B	15.72B	12.93B	13.61B	5.71B
Total Liabilities	84.82B	77.85B	57.22B	49.47B	47.42B	212.20B
Stockholders Equity	70.70B	62.00B	49.06B	39.83B	45.09B	-160.05B
Cash Flow
Free Cash Flow	10.70B	21.72B	15.88B	-2.42B	-13.28B	-3.62B
Operating Cash Flow	16.38B	29.79B	20.78B	2.20B	-5.52B	2.29B
Investing Cash Flow	-17.95B	-36.68B	-19.86B	-17.55B	-18.36B	-4.87B
Financing Cash Flow	2.87B	6.71B	-1.36B	-4.48B	36.50B	19.29B

Kuaishou Technology Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 67.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1024, the sentiment is Negative. The current price of 67.45 is above the 20-day moving average (MA) of 67.28, below the 50-day MA of 72.52, and above the 200-day MA of 65.13, indicating a neutral trend. The MACD of -1.03 indicates Negative momentum. The RSI at 45.82 is Neutral, neither overbought nor oversold. The STOCH value of 25.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1024.

Kuaishou Technology Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0700	75 Outperform	HK$5.58T	23.82	20.51%	0.73%	13.15%	30.78%
1698	73 Outperform	HK$202.70B	18.91	14.50%	0.97%	13.62%	80.52%
1024	71 Outperform	HK$291.51B	15.38	25.67%	―	11.37%	16.74%
9888	63 Neutral	HK$346.52B	41.60	3.29%	―	-2.92%	-57.12%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
2518	60 Neutral	HK$22.92B	13.92	6.05%	9.82%	-5.74%	-14.46%
9898	60 Neutral	HK$19.49B	5.92	12.49%	8.06%	-1.40%	22.37%

Kuaishou Technology Class B Corporate Events

Kuaishou Technology Reports Strong Financial Growth in 2025

Kuaishou Technology announced its unaudited consolidated results for the three and nine months ending September 30, 2025, showing significant financial growth. The company reported a 14.2% increase in quarterly revenues and a 69.9% rise in operating profit compared to the previous year. This financial performance underscores Kuaishou’s strong market positioning and operational efficiency, reflecting positively on its stakeholders and enhancing its competitive edge in the technology and social media industry.

Kuaishou Technology Schedules Board Meeting to Review Q3 Results

Kuaishou Technology has announced that its board of directors will meet on November 19, 2025, to consider and approve the unaudited consolidated third quarterly results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder interests.

Kuaishou Technology Grants Over 6 Million RSUs to Employees

Kuaishou Technology announced the grant of 6,567,269 Restricted Share Units (RSUs) to eligible employees under its 2023 Share Incentive Scheme. This initiative aims to align employee interests with the company’s long-term growth and profitability by offering ownership stakes and potential financial benefits. The RSUs have a vesting period ranging from 0 to 48 months, with no performance targets attached, and include a clawback mechanism to protect the company’s interests. This move is expected to enhance employee retention and motivation, contributing positively to Kuaishou’s operational goals.