- Kuaishou Tech’s Q3 revenue reached 35.55 billion yuan, marking a 14% increase from last year, aligning closely with estimates of 35.32 billion yuan.
- Online marketing services revenue stood at 20.10 billion yuan, up 14% year-over-year, slightly exceeding the forecast of 19.87 billion yuan.
- Live streaming revenue saw a modest growth of 2.5% to 9.57 billion yuan, though it fell short of the estimated 9.79 billion yuan.
- Other services revenue grew significantly by 41% to 5.88 billion yuan, surpassing the projected 5.66 billion yuan.
- Net income increased 37% year-over-year to 4.49 billion yuan, beating the estimate of 4.15 billion yuan.
- Adjusted net income rose 26% to 4.99 billion yuan, slightly better than the expected 4.83 billion yuan.
- Adjusted EBITDA improved by 37% to 7.65 billion yuan, significantly higher than the forecasted 6.97 billion yuan.
- The gross margin slightly decreased to 54.7% compared to last year, with the estimate being 55.2%.
- Research and development expenses matched estimates at 3.65 billion yuan, marking an 18% increase year-over-year.
- Average Monthly Active Users (MAUs) reached 731.10 million, up 2.4% from the previous year, exceeding the estimated 729.45 million.
- Selling and marketing expenses showed a slight increase of 0.5% to 10.42 billion yuan, coming in below the expected 11.02 billion yuan.
- For the nine-month period, revenue was 103.21 billion yuan, an increase of 13% from the previous year.
- Net income over the nine months rose by 17% year-over-year to 13.39 billion yuan.
- Adjusted net income for the period also increased by 17% to 15.18 billion yuan.
- Adjusted EBITDA for the nine-month period improved by 22% to 21.80 billion yuan.
- Company comments highlight strategic investments in AI as a key driver for improved profitability.
- Market consensus shows strong confidence in Kuaishou with 45 buy ratings, 4 hold ratings, and 0 sell ratings.
Kuaishou Technology on Smartkarma
On Smartkarma, analysts have been closely covering Kuaishou Technology, providing valuable insights for investors. Ming Lu‘s research on Kuaishou in 2Q25 highlighted a significant 35% year-on-year increase in operating profit, driven by a growth rate of 18% in Gross Merchandise Value. Ming Lu concluded a bullish sentiment with a projected upside of 91% for the stock in the next twelve months.
In a separate report, Ying Pan emphasized Kuaishou’s strong financials and growth potential, leading to a raised target price of HK$73. Pan highlighted the opportunities in live streaming and AI-related revenue for Kuaishou. The report underscored Kuaishou’s mid-sized platform status, positioning it well for both domestic and international growth through monetization and technology advancements.
A look at Kuaishou Technology Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts predicting the long-term outlook for Kuaishou Technology are positive, with the company receiving high scores for Growth, Resilience, and Momentum based on the Smartkarma Smart Scores. Kuaishou Technology‘s strong growth potential is highlighted, indicating a promising future for the company’s expansion and development strategies. Additionally, its resilience score suggests the company’s ability to weather market challenges effectively, while the momentum score reflects the positive market sentiment and performance trends in recent periods.
Despite scoring lower in the Dividend category, Kuaishou Technology‘s overall outlook remains bullish, especially with its value and growth prospects gaining favorable ratings. As a content community and social platform, Kuaishou Technology‘s focus on aiding users in creating and sharing short videos on mobile devices positions it as a key player in the global market for digital content consumption and social networking.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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