Earnings Alerts

Kuaishou Technology (1024) Earnings Align with Expectations: FY Revenue and Q4 Performance

  • Kuaishou Tech’s full-year revenue was 126.90 billion yuan, slightly below the estimate of 127.2 billion yuan.
  • The company’s adjusted net income for the full year was 17.72 billion yuan, matching close to the estimate of 17.7 billion yuan.
  • Adjusted EBITDA for the year reached 24.77 billion yuan.
  • In the fourth quarter, revenue was 35.38 billion yuan, just missing the estimate of 35.73 billion yuan.
  • Online marketing services revenue in Q4 was 20.62 billion yuan, short of the projected 20.97 billion yuan.
  • Live streaming revenue for the quarter stood at 9.85 billion yuan, surpassing the forecast of 9.66 billion yuan.
  • Other services revenue was reported at 4.92 billion yuan, slightly under the estimate of 5.11 billion yuan.
  • Fourth quarter adjusted net income was 4.70 billion yuan, slightly exceeding the estimate of 4.69 billion yuan.
  • Adjusted EBITDA for the fourth quarter was 6.87 billion yuan, outperforming the estimate of 6.39 billion yuan.
  • Research and development expenses were 3.45 billion yuan, below the estimated 3.53 billion yuan.
  • Average monthly active users (MAUs) were reported as 735.6 million, significantly surpassing the estimate of 708.54 million.
  • Analyst recommendations include 45 buys, 6 holds, and 1 sell.

Kuaishou Technology on Smartkarma

Analysts on Smartkarma have provided diverse insights into Kuaishou Technology‘s performance and future prospects. Gaudenz Schneider‘s coverage highlights the consistent price movement expectations post-earnings for Kuaishou, with limited options trading opportunities currently available. On the other hand, John Ley‘s analysis takes a more bearish stance, discussing the options market expectations and post-earnings trends, indicating a cautious outlook.

In a more positive light, Stan Zhao‘s report focuses on Kuaishou’s transition to a subscription model for its micro dramas as a means to boost monetization efficiency and reduce risks. Additionally, Brian Freitas explores the impact of Kuaishou being added to the Hang Seng Index, pointing out potential short-term movements before relative valuations come into play. Therefore, investors can find a spectrum of views and insights on Kuaishou Technology‘s current and upcoming developments through Smartkarma’s independent research network.


A look at Kuaishou Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Kuaishou Technology seems to have a promising long-term outlook. With a high Growth score of 5 and a Resilience score of 5, the company appears to have strong potential for expansion and the ability to weather challenges. Additionally, Kuaishou Technology scores well on Momentum with a score of 4, indicating positive market sentiment and potentially sustainable performance. Although the Value and Dividend scores are more moderate at 2 and 1 respectively, the high scores in Growth, Resilience, and Momentum suggest that Kuaishou Technology could be positioned for future success in the content community and social platform sector.

Kuaishou Technology operates as a content community and social platform, facilitating the creation, uploading, and viewing of short videos on mobile devices. With a global presence, the company offers its services to users worldwide. The Smartkarma Smart Scores highlight Kuaishou Technology‘s strengths in Growth, Resilience, and Momentum, indicating a positive outlook for the company’s future in the dynamic digital landscape.


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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