Kuaishou Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	11,405	11,180	12,697	12,905	13,274	32,612
Short-Term Investments	6,380	8,753	11,893	10,985	9,259	4,003
Trading Asset Securities	50,448	42,323	27,050	25,128	13,087	8,842
Cash & Short-Term Investments	68,233	62,256	51,640	49,018	35,620	45,457
Cash Growth	42.61%	20.56%	5.35%	37.61%	-21.64%	69.03%
Accounts Receivable	7,592	8,127	6,674	6,457	6,288	4,450
Other Receivables	-	4,601	3,087	3,543	2,850	1,503
Receivables	7,592	13,198	9,761	10,000	9,138	5,970
Prepaid Expenses	-	979	582	659	508	647.88
Restricted Cash	266	251	47	128	59	2.42
Other Current Assets	7,450	865	839	556	533	933.28
Total Current Assets	83,541	77,549	62,869	60,361	45,858	53,011
Property, Plant & Equipment	39,388	31,414	23,722	22,755	24,021	23,612
Long-Term Investments	52,623	45,946	44,221	15,507	12,434	8,712
Goodwill	-	845	845	845	845	844.96
Other Intangible Assets	982	141	214	228	278	326.8
Long-Term Deferred Tax Assets	5,732	5,585	6,604	6,108	5,095	5,405
Other Long-Term Assets	6,744	3,024	1,398	492	776	603.37
Total Assets	189,010	164,504	139,873	106,296	89,307	92,515
Accounts Payable	27,919	39,157	35,467	27,591	22,868	20,021
Accrued Expenses	-	6,221	5,590	5,229	4,225	3,741
Short-Term Debt	-	-	-	-	738	-
Current Portion of Long-Term Debt	2,871	1,968	-	-	-	-
Current Portion of Leases	4,051	3,962	3,671	3,327	3,475	3,529
Current Income Taxes Payable	514	388	873	1,222	936	1,080
Current Unearned Revenue	-	4,571	4,609	3,965	3,213	3,480
Other Current Liabilities	39,291	11,268	9,618	7,444	5,254	5,405
Total Current Liabilities	74,646	67,535	59,828	48,778	40,709	37,256
Long-Term Debt	24,791	11,098	11,100	-	-	-
Long-Term Leases	6,644	5,977	6,765	8,405	8,721	10,080
Long-Term Deferred Tax Liabilities	304	241	13	18	23	28.48
Other Long-Term Liabilities	405	69	143	21	16	55.56
Total Liabilities	106,790	84,920	77,849	57,222	49,469	47,419
Common Stock	-	-	-	-	-	0.14
Additional Paid-In Capital	265,202	265,628	268,733	273,459	274,473	274,408
Retained Earnings	-221,438	-223,274	-241,891	-257,226	-263,622	-249,932
Treasury Stock	-408	-602	-341	-88	-	-
Comprehensive Income & Other	38,836	37,806	35,503	32,918	28,979	20,614
Total Common Equity	82,192	79,558	62,004	49,063	39,830	45,089
Minority Interest	28	26	20	11	8	6.6
Shareholders' Equity	82,220	79,584	62,024	49,074	39,838	45,096
Total Liabilities & Equity	189,010	164,504	139,873	106,296	89,307	92,515
Total Debt	38,357	23,005	21,536	11,732	12,934	13,609
Net Cash (Debt)	29,876	39,251	30,104	37,286	22,686	31,848
Net Cash Growth	15.28%	30.39%	-19.26%	64.36%	-28.77%	-
Net Cash Per Share	6.77	8.92	6.83	8.40	5.33	8.31
Filing Date Shares Outstanding	4,303	4,309	4,281	4,326	4,294	4,227
Total Common Shares Outstanding	4,303	4,309	4,281	4,326	4,294	4,227
Working Capital	8,895	10,014	3,041	11,583	5,149	15,755
Book Value Per Share	19.10	18.46	14.48	11.34	9.28	10.67
Tangible Book Value	81,210	78,572	60,945	47,990	38,707	43,918
Tangible Book Value Per Share	18.87	18.23	14.24	11.09	9.01	10.39
Buildings	-	3,122	3,087	3,039	2,741	2,542
Machinery	-	40,535	30,084	24,254	21,563	16,917
Construction In Progress	-	1,057	199	102	824	467.04
Leasehold Improvements	-	890	904	965	574	488.6