Financials Kuaishou Technology OTC Markets

Equities

KSHTY

US50116L1098

Internet Services

Market Closed - OTC Markets 16:36:43 14/06/2024 BST 5-day change 1st Jan Change
1.3 USD -1.14% Intraday chart for Kuaishou Technology -5.80% -8.45%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 248,142 270,113 208,961 205,140 - -
Enterprise Value (EV) 1 215,529 256,839 196,056 176,536 151,237 121,917
P/E ratio -2.88 x -19.5 x 33.4 x 13.6 x 10.4 x 7.96 x
Yield - - - - - -
Capitalization / Revenue 3.06 x 2.87 x 1.84 x 1.61 x 1.43 x 1.29 x
EV / Revenue 2.66 x 2.73 x 1.73 x 1.38 x 1.05 x 0.76 x
EV / EBITDA -16.6 x 142 x 11.3 x 7.04 x 4.57 x 2.91 x
EV / FCF -16.2 x -106 x - 8.25 x 6.19 x 3.59 x
FCF Yield -6.18% -0.94% - 12.1% 16.1% 27.9%
Price to Book 4.99 x 6.7 x 4.23 x 3.17 x 2.38 x 1.8 x
Nbr of stocks (in thousands) 4,226,773 4,304,592 4,341,886 4,334,863 - -
Reference price 2 58.71 62.75 48.13 47.32 47.32 47.32
Announcement Date 29/03/22 29/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 39,120 58,776 81,082 94,183 113,470 127,716 143,368 159,558
EBITDA 1 - -3,616 -12,953 1,815 17,424 25,086 33,123 41,948
EBIT 1 - -10,320 -27,701 -12,558 6,431 15,975 22,750 30,188
Operating Margin - -17.56% -34.16% -13.33% 5.67% 12.51% 15.87% 18.92%
Earnings before Tax (EBT) 1 - -117,201 -79,102 -12,531 6,889 16,072 22,560 29,390
Net income 1 - -116,635 -78,074 -13,691 6,396 14,809 19,692 26,003
Net margin - -198.44% -96.29% -14.54% 5.64% 11.6% 13.74% 16.3%
EPS 2 -21.04 -125.2 -20.37 -3.220 1.440 3.476 4.560 5.948
Free Cash Flow 1 - -3,611 -13,319 -2,422 - 21,386 24,415 33,957
FCF margin - -6.14% -16.43% -2.57% - 16.74% 17.03% 21.28%
FCF Conversion (EBITDA) - - - - - 85.25% 73.71% 80.95%
FCF Conversion (Net income) - - - - - 144.41% 123.99% 130.59%
Dividend per Share 2 - - - - - - - -
Announcement Date 26/01/21 23/03/21 29/03/22 29/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 24,430 21,100 21,695 23,128 28,292 25,217 27,744 27,948 32,561 29,408 30,450 31,069 36,725
EBITDA 1 -1,290 -1,552 407.2 1,023 1,936 1,996 4,316 4,980 6,132 5,979 5,960 5,947 7,474
EBIT 1 -5,790 -5,643 -3,059 -2,612 -1,243 -698 1,296 2,211 3,622 3,994 3,649 3,495 4,808
Operating Margin -23.7% -26.75% -14.1% -11.29% -4.39% -2.77% 4.67% 7.91% 11.12% 13.58% 11.98% 11.25% 13.09%
Earnings before Tax (EBT) 1 -5,872 -5,691 -3,102 -2,575 -1,163 -601 1,436 2,320 3,734 4,105 3,570 3,415 4,593
Net income 1 -6,202 -6,254 -3,176 -2,713 -1,547 -873 1,480 2,181 3,608 4,119 3,508 3,324 4,022
Net margin -25.39% -29.64% -14.64% -11.73% -5.47% -3.46% 5.33% 7.8% 11.08% 14.01% 11.52% 10.7% 10.95%
EPS 2 -0.9800 -1.480 -0.7500 -0.6400 -0.3600 -0.2000 0.3400 0.4900 0.8100 - 0.7690 0.7270 0.9388
Dividend per Share - - - - - - - - - - - - -
Announcement Date 29/03/22 24/05/22 23/08/22 22/11/22 29/03/23 22/05/23 22/08/23 21/11/23 20/03/24 22/05/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 170,689 - - - - - -
Net Cash position 1 - - 32,612 13,274 12,905 28,604 53,903 83,223
Leverage (Debt/EBITDA) - -47.2 x - - - - - -
Free Cash Flow 1 - -3,611 -13,319 -2,422 - 21,386 24,415 33,957
ROE (net income / shareholders' equity) - - - -32.2% 14.4% 27.7% 27.6% 26.5%
ROA (Net income/ Total Assets) - -276% -108% -15.1% 6.54% 13.3% 14.8% 15.5%
Assets 1 - 42,281 72,332 90,912 97,801 111,277 133,346 167,916
Book Value Per Share 2 - -172.0 11.80 9.360 11.40 14.90 19.90 26.20
Cash Flow per Share 2 - 2.460 -1.440 0.5200 4.820 5.930 7.080 8.260
Capex 1 - 5,900 7,800 4,620 - 6,735 7,284 8,324
Capex / Sales - 10.04% 9.62% 4.9% - 5.27% 5.08% 5.22%
Announcement Date 26/01/21 23/03/21 29/03/22 29/03/23 20/03/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
34
Last Close Price
47.32 CNY
Average target price
73.66 CNY
Spread / Average Target
+55.66%
Consensus
  1. Stock Market
  2. Equities
  3. 1024 Stock
  4. KSHTY Stock
  5. Financials Kuaishou Technology
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