Below are the financial statements of Kuaishou Technology, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CNY | 2024 | 2023 |
---|---|---|
Non-current assets | — | — |
Property and equipment | 14,831a | 12,356a |
Right-of-use assets | 8,891a | 10,399a |
Intangible assets | 1,059a | 1,073a |
Investments accounted for using the equity method | 166a | 214a |
Financial assets at fair value through profit or loss | 24,430a | 5,245a |
Other financial assets at amortized cost | 62a | 283a |
Deferred tax assets | 6,604a | 6,108a |
Long-term time deposits | 19,856a | 9,765a |
Other non-current assets | 1,105a | 492a |
Current assets | — | — |
Trade receivables | 6,674a | 6,457a |
Prepayments, other receivables and other current assets | 4,646a | 4,919a |
Financial assets at fair value through profit or loss | 27,050a | 25,128a |
Other financial assets at amortized cost | 233a | 950a |
Short-term time deposits | 11,522a | 9,874a |
Restricted cash | 47a | 128a |
Cash and cash equivalents | 12,697a | 12,905a |
Total assets | 139,873a | 106,296a |
Equity attributable to equity holders of the Company | — | — |
Share capital | 0a | 0a |
Share premium | 268,733a | 273,459a |
Treasury shares | -341a | -88a |
Other reserves | 35,776a | 33,183a |
Accumulated losses | -242,164a | -257,491a |
Equity and liabilities | — | — |
Non-controlling interests | 20a | 11a |
Total equity | 62,024a | 49,074a |
Non-current liabilities | — | — |
Borrowings | 11,100a | 0a |
Financial liabilities at fair value through profit or loss | 124a | 0a |
Lease liabilities | 6,765a | 8,405a |
Deferred tax liabilities | 13a | 18a |
Other non-current liabilities | 19a | 21a |
Current liabilities | — | — |
Accounts payables | 27,470a | 23,601a |
Other payables and accruals | 23,113a | 16,592a |
Advances from customers | 4,696a | 4,036a |
Financial liabilities at fair value through profit or loss | 5a | 0a |
Income tax liabilities | 873a | 1,222a |
Lease liabilities | 3,671a | 3,327a |
Total liabilities | 77,849a | 57,222a |
Total equity and liabilities | 139,873a | 106,296a |
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