Kuaishou Technology Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	11,696	11,180	12,697	12,905	13,274	32,612
Short-Term Investments	12,358	8,753	11,893	10,985	9,259	4,003
Trading Asset Securities	56,353	42,323	27,050	25,128	13,087	8,842
Cash & Short-Term Investments	80,407	62,256	51,640	49,018	35,620	45,457
Cash Growth	40.32%	20.56%	5.35%	37.61%	-21.64%	69.03%
Accounts Receivable	7,804	8,127	6,674	6,457	6,288	4,450
Other Receivables	-	4,601	3,087	3,543	2,850	1,503
Receivables	7,804	13,198	9,761	10,000	9,138	5,970
Prepaid Expenses	-	979	582	659	508	647.88
Restricted Cash	220	251	47	128	59	2.42
Other Current Assets	10,421	865	839	556	533	933.28
Total Current Assets	98,852	77,549	62,869	60,361	45,858	53,011
Property, Plant & Equipment	44,428	31,414	23,722	22,755	24,021	23,612
Long-Term Investments	44,039	45,946	44,221	15,507	12,434	8,712
Goodwill	-	845	845	845	845	844.96
Other Intangible Assets	968	141	214	228	278	326.8
Long-Term Deferred Tax Assets	6,529	5,585	6,604	6,108	5,095	5,405
Other Long-Term Assets	4,950	3,024	1,398	492	776	603.37
Total Assets	199,766	164,504	139,873	106,296	89,307	92,515

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	28,130	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	12,570	1,968	-	-	-	-
Current Portion of Leases	3,752	3,962	3,671	3,327	3,475	3,529
Current Income Taxes Payable	479	388	873	1,222	936	1,080
Current Unearned Revenue	-	4,571	4,609	3,965	3,213	3,480
Other Current Liabilities	49,046	11,268	9,618	7,444	5,254	5,405
Total Current Liabilities	93,977	67,535	59,828	48,778	40,709	37,256
Long-Term Debt	14,792	11,098	11,100	-	-	-
Long-Term Leases	7,920	5,977	6,765	8,405	8,721	10,080
Long-Term Deferred Tax Liabilities	169	241	13	18	23	28.48
Other Long-Term Liabilities	635	69	143	21	16	55.56
Total Liabilities	117,493	84,920	77,849	57,222	49,469	47,419

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	-	-	-	-	-	0.14
Additional Paid-In Capital	261,530	265,628	268,733	273,459	274,473	274,408
Retained Earnings	-218,292	-223,274	-241,891	-257,226	-263,622	-249,932
Treasury Stock	-95	-602	-341	-88	-	-
Comprehensive Income & Other	39,096	37,806	35,503	32,918	28,979	20,614
Total Common Equity	82,239	79,558	62,004	49,063	39,830	45,089
Minority Interest	34	26	20	11	8	6.6
Shareholders' Equity	82,273	79,584	62,024	49,074	39,838	45,096
Total Liabilities & Equity	199,766	164,504	139,873	106,296	89,307	92,515

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	39,034	23,005	21,536	11,732	12,934	13,609
Net Cash (Debt)	41,373	39,251	30,104	37,286	22,686	31,848
Net Cash Growth	20.18%	30.39%	-19.26%	64.36%	-28.77%	-
Net Cash Per Share	9.36	8.92	6.83	8.40	5.33	8.31
Filing Date Shares Outstanding	4,313	4,309	4,281	4,326	4,294	4,227
Total Common Shares Outstanding	4,313	4,309	4,281	4,326	4,294	4,227
Working Capital	4,875	10,014	3,041	11,583	5,149	15,755
Book Value Per Share	19.07	18.46	14.48	11.34	9.28	10.67
Tangible Book Value	81,271	78,572	60,945	47,990	38,707	43,918
Tangible Book Value Per Share	18.84	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