Kuaishou Technology Balance Sheet Health
Financial Health criteria checks 6/6
Kuaishou Technology has a total shareholder equity of CN¥58.4B and total debt of CN¥9.0B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥132.1B and CN¥73.7B respectively. Kuaishou Technology's EBIT is CN¥14.2B making its interest coverage ratio -32.6. It has cash and short-term investments of CN¥50.7B.
Key information
15.4%
Debt to equity ratio
CN¥9.00b
Debt
| Interest coverage ratio | -32.6x |
| Cash | CN¥50.73b |
| Equity | CN¥58.35b |
| Total liabilities | CN¥73.74b |
| Total assets | CN¥132.10b |
Recent financial health updates
No updates
Recent updates
Kuaishou Technology's (HKG:1024) Strong Earnings Are Of Good Quality
Nov 28
What Kuaishou Technology's (HKG:1024) 29% Share Price Gain Is Not Telling You
Oct 09Kuaishou Technology's (HKG:1024) Returns On Capital Are Heading Higher
Jun 17We Think Kuaishou Technology's (HKG:1024) Robust Earnings Are Conservative
May 29Should You Investigate Kuaishou Technology (HKG:1024) At HK$59.15?
May 21Kuaishou Technology's (HKG:1024) Share Price Not Quite Adding Up
Apr 24Returns At Kuaishou Technology (HKG:1024) Are On The Way Up
Mar 12Why We're Not Concerned About Kuaishou Technology's (HKG:1024) Share Price
Jan 22Financial Position Analysis
Short Term Liabilities: 1024's short term assets (CN¥61.6B) exceed its short term liabilities (CN¥57.1B).
Long Term Liabilities: 1024's short term assets (CN¥61.6B) exceed its long term liabilities (CN¥16.6B).
Debt to Equity History and Analysis
Debt Level: 1024 has more cash than its total debt.
Reducing Debt: 1024 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 1024's debt is well covered by operating cash flow (333.9%).
Interest Coverage: 1024 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kuaishou Technology is covered by 57 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sau Shing Chow | ABCI Securities Company Limited |
| Jiong Shao | Barclays |
| Yanfang Jiang | Benchmark Company |