Kuaishou Technology (HKG: 1024)

Kuaishou Technology Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	11,437	12,905	13,274	32,612	20,392	3,996
Short-Term Investments	10,561	10,985	9,259	4,003	2,811	1,337
Trading Asset Securities	31,180	25,128	13,087	8,842	3,690	8,902
Cash & Short-Term Investments	53,178	49,018	35,620	45,457	26,893	14,236
Cash Growth	28.75%	37.61%	-21.64%	69.03%	88.91%	46.88%
Accounts Receivable	6,526	6,457	6,288	4,450	2,428	1,107
Other Receivables	2,665	3,543	2,850	1,503	1,596	499.77
Receivables	9,191	10,000	9,138	5,970	4,057	1,642
Prepaid Expenses	717	707	508	647.88	440.63	1,363
Restricted Cash	89	128	59	2.42	3.7	1.39
Other Current Assets	826	508	533	933.28	133.68	68.92
Total Current Assets	64,001	60,361	45,858	53,011	31,528	17,311
Property, Plant & Equipment	20,779	22,755	24,021	23,612	12,406	10,585
Long-Term Investments	27,597	15,507	12,434	8,712	4,343	2,368
Goodwill	-	845	845	844.96	836.97	836.97
Other Intangible Assets	1,032	228	278	326.8	410.82	283.34
Long-Term Deferred Tax Assets	5,854	6,108	5,095	5,405	2,313	860.19
Other Long-Term Assets	536	492	776	603.37	308.98	169.59
Total Assets	119,799	106,296	89,307	92,515	52,147	32,414
Accounts Payable	31,667	23,601	22,868	20,021	11,544	9,055
Accrued Expenses	3,716	5,229	4,225	3,741	2,366	1,626
Short-Term Debt	-	3,990	738	-	-	-
Current Portion of Leases	3,357	3,327	3,475	3,529	2,099	1,337
Current Income Taxes Payable	269	1,222	936	1,080	487.84	424.41
Current Unearned Revenue	-	3,965	3,213	3,480	3,272	1,509
Other Current Liabilities	12,830	7,444	5,254	5,405	3,415	1,422
Total Current Liabilities	51,839	48,778	40,709	37,256	23,185	15,374
Long-Term Debt	4,500	-	-	-	185,373	69,444
Long-Term Leases	6,985	8,405	8,721	10,080	3,608	3,288
Long-Term Deferred Tax Liabilities	16	18	23	28.48	31.6	37.5
Other Long-Term Liabilities	21	21	16	55.56	-	-
Total Liabilities	63,361	57,222	49,469	47,419	212,197	88,143
Common Stock	-	-	-	0.14	0.03	0.03
Additional Paid-In Capital	271,804	273,459	274,473	274,408	-	-
Retained Earnings	-249,393	-257,226	-263,622	-249,932	-171,859	-55,223
Treasury Stock	-284	-88	-	-	-	-
Comprehensive Income & Other	34,298	32,918	28,979	20,614	11,809	-505.77
Total Common Equity	56,425	49,063	39,830	45,089	-160,050	-55,729
Minority Interest	13	11	8	6.6	-	-
Shareholders' Equity	56,438	49,074	39,838	45,096	-160,050	-55,729
Total Liabilities & Equity	119,799	106,296	89,307	92,515	52,147	32,414
Total Debt	14,842	15,722	12,934	13,609	191,080	74,069
Net Cash (Debt)	38,336	33,296	22,686	31,848	-164,187	-59,833
Net Cash Growth	29.75%	46.77%	-28.77%	-	-	-
Net Cash Per Share	8.63	7.50	5.33	8.31	-176.31	-64.05
Filing Date Shares Outstanding	4,318	4,326	4,294	4,227	4,159	930.67
Total Common Shares Outstanding	4,318	4,326	4,294	4,227	930.67	930.67
Working Capital	12,162	11,583	5,149	15,755	8,343	1,937
Book Value Per Share	13.07	11.34	9.28	10.67	-171.97	-59.88
Tangible Book Value	55,393	47,990	38,707	43,918	-161,298	-56,849
Tangible Book Value Per Share	12.83	11.09	9.01	10.39	-173.31	-61.08
Buildings	-	3,039	2,741	2,542	-	-
Machinery	-	24,254	21,563	16,917	12,345	8,417
Construction In Progress	-	102	824	467.04	25.17	34.03
Leasehold Improvements	-	965	574	488.6	253.48	122.73

Source: S&P Capital IQ. Standard template. Financial Sources.