Kuaishou Technology (KUASF) Financial Statements
Price: $5.615
Market Cap: $24.22B
Avg Volume: 509
Market Cap: $24.22B
Avg Volume: 509
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Industry: Internet Content & Information
Sector: Communication Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Kuaishou Technology.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $113.47B | $94.18B | $81.08B | $58.78B | $39.12B | $20.30B | $8.34B |
| Cost of Revenue | $56.08B | $52.05B | $47.05B | $34.96B | $25.02B | $14.50B | $5.73B |
| Gross Profit | $57.39B | $42.13B | $34.03B | $23.81B | $14.10B | $5.80B | $2.61B |
| Gross Profit Ratio | 50.58% | 44.73% | 41.97% | 40.52% | 36.05% | 28.58% | 31.31% |
| Research and Development Expenses | $12.34B | $13.78B | $14.96B | $6.55B | $2.94B | $1.76B | $476.62M |
| General and Administrative Expenses | $3.51B | $3.92B | $3.40B | $1.68B | $301.91M | $180.84M | $48.53M |
| Selling and Marketing Expenses | $36.50B | $37.12B | $44.18B | $26.61B | $9.87B | $4.26B | $1.36B |
| Selling General and Administrative Expenses | $40.01B | $41.04B | $47.58B | $28.29B | $10.17B | $4.44B | $1.41B |
| Other Expenses | $-1.39B | $-31.53M | $-51.49B | $-106.84B | $-19.96B | $-11.94B | $-20.52B |
| Operating Expenses | $50.96B | $53.28B | $61.51B | $34.31B | $13.38B | $6.45B | $2.04B |
| Cost and Expenses | $107.04B | $105.33B | $108.56B | $69.27B | $38.40B | $20.95B | $7.77B |
| Interest Income | $1.12B | $731.81M | $520.83M | $210.06M | $92.44M | $106.14M | $16.83M |
| Interest Expense | $495.00M | $549.02M | $562.34M | $225.08M | $103.30M | $53.15M | $6.58M |
| Depreciation and Amortization | $7.20B | $6.57B | $6.89B | $4.86B | $2.16B | $1.18B | $115.50M |
| EBITDA | $12.24B | $-5.41B | $-23.56B | $-7.08B | $2.43B | $288.16M | $701.78M |
| EBITDA Ratio | 10.79% | -5.74% | -29.06% | -12.05% | 6.22% | 1.42% | 8.42% |
| Operating Income | $6.43B | $-12.56B | $-27.70B | $-10.32B | $688.68M | $-520.71M | $607.95M |
| Operating Income Ratio | 5.67% | -13.33% | -34.16% | -17.56% | 1.76% | -2.57% | 7.29% |
| Total Other Income Expenses Net | $458.00M | $-1.35B | $-51.40B | $-106.88B | $-19.95B | $-11.88B | $-20.55B |
| Income Before Tax | $6.89B | $-12.53B | $-79.10B | $-117.20B | $-19.27B | $-12.40B | $-19.94B |
| Income Before Tax Ratio | 6.07% | -13.31% | -97.56% | -199.40% | -49.25% | -61.09% | -239.11% |
| Income Tax Expense | $490.00M | $1.16B | $-1.03B | $-565.55M | $386.07M | $28.22M | $104.45M |
| Net Income | $6.40B | $-13.69B | $-78.07B | $-116.64B | $-19.65B | $-12.43B | $-20.04B |
| Net Income Ratio | 5.64% | -14.54% | -96.29% | -198.44% | -50.23% | -61.23% | -240.36% |
| EPS | $1.48 | $-3.22 | $-18.47 | $-28.04 | $-4.73 | $-3.03 | $-4.88 |
| EPS Diluted | $1.44 | $-3.22 | $-18.47 | $-28.04 | $-4.73 | $-3.03 | $-4.88 |
| Weighted Average Shares Outstanding | 4.31B | 4.25B | 4.23B | 4.16B | 4.16B | 4.11B | 4.11B |
| Weighted Average Shares Outstanding Diluted | 4.44B | 4.25B | 4.23B | 4.16B | 4.16B | 4.11B | 4.11B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $12.90B | $13.27B | $32.61B | $20.39B | $4.00B | $5.37B | $2.69B |
| Short Term Investments | $35.95B | $22.13B | $12.67B | $6.42B | $10.17B | $4.27B | $2.47B |
| Cash and Short Term Investments | $48.86B | $35.41B | $45.28B | $26.81B | $14.17B | $9.64B | $5.16B |
| Net Receivables | $- | $6.29B | $4.45B | $2.43B | $1.11B | $- | $136.64M |
| Inventory | $- | $58.77M | $3.13B | $2.20B | $1.39M | $-4.27B | $-2.47B |
| Other Current Assets | $11.50B | $10.45B | $7.73B | $4.72B | $3.14B | $1.14B | $481.09M |
| Total Current Assets | $60.36B | $45.86B | $53.01B | $31.53B | $17.31B | $10.78B | $5.64B |
| Property Plant Equipment Net | $22.73B | $23.99B | $23.58B | $12.41B | $10.58B | $3.69B | $1.92B |
| Goodwill | $845.00M | $844.96M | $844.96M | $836.97M | $836.97M | $816.06M | $- |
| Intangible Assets | $228.00M | $305.62M | $355.23M | $410.82M | $283.34M | $229.75M | $34.88M |
| Goodwill and Intangible Assets | $1.07B | $1.15B | $1.20B | $1.25B | $1.12B | $1.05B | $34.88M |
| Long Term Investments | $15.51B | $-9.70B | $-3.96B | $-2.08B | $-7.80B | $-3.60B | $-2.42B |
| Tax Assets | $27.00M | $5.10B | $5.41B | $2.31B | $860.18M | $161.92M | $7.81M |
| Other Non-Current Assets | $6.60B | $22.91B | $13.27B | $6.73B | $10.34B | $4.39B | $2.51B |
| Total Non-Current Assets | $45.93B | $43.45B | $39.50B | $20.62B | $15.10B | $5.70B | $2.05B |
| Other Assets | $1 | $- | $- | $- | $- | $- | $- |
| Total Assets | $106.30B | $89.31B | $92.52B | $52.15B | $32.41B | $16.48B | $7.69B |
| Account Payables | $23.60B | $22.87B | $20.02B | $11.54B | $9.06B | $2.03B | $1.80B |
| Short Term Debt | $7.32B | $4.21B | $3.53B | $2.10B | $1.34B | $498.54M | $175.20M |
| Tax Payables | $1.22B | $1.81B | $1.83B | $937.94M | $984.16M | $454.70M | $201.89M |
| Deferred Revenue | $- | $9.09B | $10.45B | $7.90B | $4.49B | $1.51B | $550.22M |
| Other Current Liabilities | $16.64B | $11.82B | $11.88B | $8.60B | $4.00B | $1.06B | $351.43M |
| Total Current Liabilities | $48.78B | $40.71B | $37.26B | $23.18B | $15.37B | $4.04B | $2.53B |
| Long Term Debt | $8.40B | $8.72B | $10.08B | $3.61B | $3.29B | $892.26M | $695.78M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $23.35M | $28.48M | $31.60M | $37.50M | $37.88M | $- |
| Other Non-Current Liabilities | $39.00M | $38.85M | $84.04M | $185.37B | $69.44B | $47.21B | $26.65B |
| Total Non-Current Liabilities | $8.44B | $8.76B | $10.16B | $189.01B | $72.77B | $48.14B | $27.35B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $57.22B | $49.47B | $47.42B | $212.20B | $88.14B | $52.18B | $29.88B |
| Preferred Stock | $- | $- | $- | $- | $321.28M | $28.40M | $- |
| Common Stock | $- | $145.00K | $142.00K | $30.00K | $30.00K | $30.00K | $30.00K |
| Retained Earnings | $-257.49B | $-263.88B | $-250.17B | $-172.06B | $-55.41B | $-35.68B | $-23.20B |
| Accumulated Other Comprehensive Income Loss | $- | $29.19B | $20.85B | $12.01B | $-321.28M | $-28.40M | $1.02B |
| Other Total Stockholders Equity | $306.55B | $303.71B | $295.26B | $1 | $-184.49M | $-1 | $59.85M |
| Total Stockholders Equity | $49.06B | $39.83B | $45.09B | $-160.05B | $-55.73B | $-35.70B | $-22.19B |
| Total Equity | $49.07B | $39.84B | $45.10B | $-160.05B | $-55.73B | $-35.70B | $-22.19B |
| Total Liabilities and Stockholders Equity | $106.30B | $89.31B | $92.52B | $52.15B | $32.41B | $16.48B | $7.69B |
| Minority Interest | $11.00M | $8.06M | $6.59M | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $106.30B | $89.31B | $92.52B | $52.15B | $32.41B | $16.48B | $7.69B |
| Total Investments | $51.46B | $12.43B | $8.71B | $4.34B | $2.37B | $677.92M | $49.20M |
| Total Debt | $15.72B | $12.93B | $13.61B | $5.71B | $4.63B | $1.39B | $870.99M |
| Net Debt | $2.82B | $-340.32M | $-19.00B | $-14.68B | $628.80M | $-3.98B | $-1.82B |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Net Income | $6.89B | $-12.53B | $-79.10B | $-117.20B | $-19.27B | $-12.40B | $-19.94B |
| Depreciation and Amortization | $7.20B | $6.57B | $6.89B | $4.86B | $2.16B | $1.18B | $115.50M |
| Deferred Income Tax | $- | $560.49M | $-1.37B | $-1.13B | $-825.89M | $-211.99M | $-64.02M |
| Stock Based Compensation | $3.57B | $6.25B | $7.83B | $1.84B | $742.30M | $701.60M | $296.54M |
| Change in Working Capital | $4.86B | $1.23B | $8.53B | $6.90B | $5.17B | $564.63M | $1.08B |
| Accounts Receivables | $-257.00M | $-1.85B | $-2.03B | $-1.33B | $-983.09M | $7.52M | $-118.74M |
| Inventory | $- | $-2.96M | $1.37M | $-2.47M | $19.31M | $- | $- |
| Accounts Payables | $1.68B | $2.25B | $7.96B | $3.97B | $4.21B | $745.89M | $1.02B |
| Other Working Capital | $3.44B | $843.56M | $2.60B | $4.26B | $1.92B | $-168.08M | $181.96M |
| Other Non Cash Items | $-1.74B | $112.11M | $51.70B | $107.01B | $20.04B | $11.99B | $20.50B |
| Net Cash Provided by Operating Activities | $20.78B | $2.20B | $-5.52B | $2.29B | $8.02B | $1.82B | $2.06B |
| Investments in Property Plant and Equipment | $-4.90B | $-4.62B | $-7.76B | $-5.91B | $-2.55B | $-2.87B | $-376.11M |
| Acquisitions Net | $- | $123.47M | $261.00K | $1.34M | $-32.43M | $-485.10M | $256.00K |
| Purchases of Investments | $- | $-62.94B | $-86.32B | $-63.83B | $-59.03B | $-18.06B | $-5.90B |
| Sales Maturities of Investments | $58.79B | $49.95B | $75.64B | $64.85B | $51.45B | $15.79B | $3.38B |
| Other Investing Activities | $-73.76B | $-53.17M | $76.79M | $22.48M | $6.32M | $315.00K | $256.00K |
| Net Cash Used for Investing Activities | $-19.86B | $-17.55B | $-18.36B | $-4.87B | $-10.15B | $-5.62B | $-2.90B |
| Debt Repayment | $7.52B | $1.91B | $- | $- | $- | $- | $- |
| Common Stock Issued | $219.00M | $54.00M | $39.25B | $20.96B | $-186.99M | $6.30B | $2.42B |
| Common Stock Repurchased | $-1.30B | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-7.81B | $-4.56B | $-2.75B | $19.29B | $885.04M | $6.03B | $2.36B |
| Net Cash Used Provided by Financing Activities | $-1.36B | $-4.48B | $36.50B | $19.29B | $698.05M | $6.03B | $2.36B |
| Effect of Forex Changes on Cash | $79.00M | $494.13M | $-398.69M | $-315.99M | $56.32M | $452.12M | $-129.34M |
| Net Change in Cash | $-369.00M | $-19.34B | $12.22B | $16.40B | $-1.37B | $2.68B | $1.39B |
| Cash at End of Period | $12.90B | $13.27B | $32.61B | $20.39B | $4.00B | $5.37B | $2.69B |
| Cash at Beginning of Period | $13.27B | $32.61B | $20.39B | $4.00B | $5.37B | $2.69B | $1.30B |
| Operating Cash Flow | $20.78B | $2.20B | $-5.52B | $2.29B | $8.02B | $1.82B | $2.06B |
| Capital Expenditure | $-4.90B | $-4.62B | $-7.76B | $-5.91B | $-2.55B | $-2.87B | $-376.11M |
| Free Cash Flow | $15.88B | $-2.42B | $-13.28B | $-3.62B | $5.47B | $-1.05B | $1.68B |