Kuaishou Technology
HKEX:1024
Income Statement
Earnings Waterfall
Kuaishou Technology
Revenue
|
109.2B
CNY
|
Cost of Revenue
|
-56.2B
CNY
|
Gross Profit
|
53B
CNY
|
Operating Expenses
|
-51.4B
CNY
|
Operating Income
|
1.6B
CNY
|
Other Expenses
|
-324.8m
CNY
|
Net Income
|
1.2B
CNY
|
Income Statement
Kuaishou Technology
Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||
Revenue |
40 072
N/A
|
58 776
+47%
|
63 337
+8%
|
69 613
+10%
|
74 750
+7%
|
81 082
+8%
|
85 129
+5%
|
87 685
+3%
|
90 320
+3%
|
94 183
+4%
|
98 333
+4%
|
104 382
+6%
|
109 201
+5%
|
|
Gross Profit | ||||||||||||||
Cost of Revenue |
(24 386)
|
(34 961)
|
(36 793)
|
(39 121)
|
(42 365)
|
(47 052)
|
(49 305)
|
(50 476)
|
(50 917)
|
(52 051)
|
(53 272)
|
(55 156)
|
(56 226)
|
|
Gross Profit |
15 686
N/A
|
23 815
+52%
|
26 544
+11%
|
30 493
+15%
|
32 385
+6%
|
34 030
+5%
|
35 824
+5%
|
37 209
+4%
|
39 403
+6%
|
42 131
+7%
|
45 061
+7%
|
49 226
+9%
|
52 976
+8%
|
|
Operating Income | ||||||||||||||
Operating Expenses |
(20 750)
|
(34 543)
|
(40 129)
|
(48 861)
|
(55 674)
|
(61 721)
|
(61 367)
|
(58 315)
|
(56 508)
|
(53 310)
|
(52 826)
|
(52 655)
|
(51 410)
|
|
Selling, General & Administrative |
(17 075)
|
(28 217)
|
(32 228)
|
(38 403)
|
(43 782)
|
(47 464)
|
(45 573)
|
(43 157)
|
(41 417)
|
(40 871)
|
(40 324)
|
(40 187)
|
(39 834)
|
|
Research & Development |
(4 062)
|
(6 488)
|
(5 990)
|
(8 589)
|
(10 940)
|
(14 833)
|
(15 668)
|
(15 039)
|
(14 354)
|
(13 567)
|
(13 181)
|
(13 054)
|
(12 488)
|
|
Depreciation & Amortization |
0
|
(133)
|
0
|
0
|
0
|
(235)
|
0
|
0
|
0
|
(388)
|
0
|
0
|
0
|
|
Other Operating Expenses |
388
|
296
|
(1 911)
|
(1 869)
|
(952)
|
812
|
(126)
|
(119)
|
(737)
|
1 516
|
680
|
586
|
912
|
|
Operating Income |
(5 063)
N/A
|
(10 729)
-112%
|
(13 585)
-27%
|
(18 368)
-35%
|
(23 289)
-27%
|
(27 691)
-19%
|
(25 543)
+8%
|
(21 107)
+17%
|
(17 105)
+19%
|
(11 179)
+35%
|
(7 765)
+31%
|
(3 429)
+56%
|
1 566
N/A
|
|
Pre-Tax Income | ||||||||||||||
Interest Income Expense |
135
|
294
|
852
|
943
|
(52)
|
827
|
106
|
(185)
|
(135)
|
(224)
|
344
|
528
|
426
|
|
Non-Reccuring Items |
(0)
|
100
|
100
|
99
|
0
|
(965)
|
(771)
|
(789)
|
0
|
(1 111)
|
(21)
|
(2)
|
0
|
|
Total Other Income |
(80 317)
|
(106 866)
|
(132 236)
|
(96 878)
|
(68 971)
|
(51 273)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
|
Pre-Tax Income |
(85 246)
N/A
|
(117 201)
-37%
|
(144 868)
-24%
|
(114 204)
+21%
|
(92 312)
+19%
|
(79 102)
+14%
|
(26 208)
+67%
|
(22 081)
+16%
|
(17 240)
+22%
|
(12 531)
+27%
|
(7 441)
+41%
|
(2 903)
+61%
|
1 992
N/A
|
|
Net Income | ||||||||||||||
Tax Provision |
332
|
566
|
974
|
873
|
1 174
|
1 025
|
(372)
|
(638)
|
(1 105)
|
(1 158)
|
(870)
|
(751)
|
(752)
|
|
Income from Continuing Operations |
(84 914)
|
(116 635)
|
(143 894)
|
(113 331)
|
(91 138)
|
(78 077)
|
(26 580)
|
(22 720)
|
(18 345)
|
(13 689)
|
(8 311)
|
(3 654)
|
1 240
|
|
Income to Minority Interest |
0
|
0
|
1
|
2
|
3
|
3
|
2
|
1
|
(1)
|
(1)
|
2
|
1
|
1
|
|
Net Income (Common) |
(84 914)
N/A
|
(116 635)
-37%
|
(143 894)
-23%
|
(113 330)
+21%
|
(91 135)
+20%
|
(78 074)
+14%
|
(26 578)
+66%
|
(22 718)
+15%
|
(18 346)
+19%
|
(13 691)
+25%
|
(8 309)
+39%
|
(3 653)
+56%
|
1 241
N/A
|