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1024.HK HKEX Online Services

Kuaishou Technology

HK$45,64
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HKD
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LatestKuaishou shares slide as Tencent backs $2.8 billion Kling AI raise
Last 30 days
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Mcap
P/E
EV / Rev
Div yield
1,55 %
Op margin
14,5 %
ROE
23,4 %
Net margin
13,0 %
Debt / equity
0,44
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Kuaishou Technology operates as a short-form video platform and social media company, generating revenue primarily through online advertising, live streaming, and e-commerce services.

Business. Kuaishou Technology (1024.HK) is a technology company operating in the online services industry, primarily generating revenue through advertising. The firm is listed on the Hong Kong Stock Exchange under the ticker 1024.HK. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as an online services provider focused on advertising-based monetization.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
Generated · model-assisted
Sell-side consensus
BUY36 analysts
31 buy5 hold0 sell
Avg 12m price target72,90

Analyst recommendations

36 analysts · consensus Buy
Buy31
Hold5
Sell0
12-month price target
72,90
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
62
composite score
Valuation
valuation pending
Analysts
Buy
36 analysts · indicative
Ownership
not yet wired
Profitability
23,4 %
return on equity
Quality
58
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

2
  • ● MARKETSKuaishou shares slide as Tencent backs $2.8 billion Kling AI raise2026-07-03
  • MARKETSKuaishou-backed Kling AI nears $3 billion funding round at $18 billion valuation2026-07-01
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,2 %+0,8 %+2,5 %
    Energy+1,5 %+5,2 %+1,8 %
    Health Care+0,7 %−0,5 %+0,9 %
    Consumer Discretionary+0,4 %+5,9 %+0,6 %
    Information Technology · THIS SECTOR−0,2 %+4,4 %+0,1 %
    Financials−0,4 %−4,0 %−0,1 %
    Consumer Staples−0,6 %+3,5 %−0,3 %
    Real Estate−0,7 %+10,9 %−0,4 %
    Utilities−1,5 %−21,2 %−1,2 %
    Industrials−1,7 %−2,4 %−1,4 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to 1024.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-03 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · 2026-07-01

    Composite-score breakdown

    Composite score62 / 100
    Composite score 0-100 · Data quality 0,58
    Data quality0,58 / 1.00

    Synthesis

    Business

    Kuaishou Technology (1024.HK) is a technology company operating in the online services industry, primarily generating revenue through advertising. The firm is listed on the Hong Kong Stock Exchange under the ticker 1024.HK. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as an online services provider focused on advertising-based monetization.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    Kuaishou Technology maintains a capital structure with a debt-to-equity ratio of 0.44, indicating a relatively conservative leverage position compared to industry norms. The company's liquidity position is characterized by a current ratio of 1.15, suggesting moderate short-term liquidity. However, the firm's cash and equivalents of CNY 1.05 billion are significantly lower than its long-term debt of CNY 34.95 billion, resulting in a net cash position that is negative after subtracting total debt.

    Profitability metrics show a return on equity (ROE) of 23.4% and a return on assets (ROA) of 11.32%, both of which are strong indicators of efficient capital utilization and asset management. These figures outperform the median ROE and ROA for the Online Services industry, suggesting Kuaishou Technology is generating superior returns relative to its peers.

    Geographically, Kuaishou Technology's revenue is heavily concentrated in China, with no material diversification into international markets. The company's business is primarily driven by domestic user engagement and advertising demand, which exposes it to regulatory and macroeconomic risks specific to the Chinese market.

    The company's growth trajectory is supported by a revenue of CNY 142.78 billion, with a gross profit margin of 55.0% and an operating margin of 14.45%. Analysts project continued growth, with a mean price target of CNY 72.90 and a median price target of CNY 72.00. The firm's free cash flow of CNY 9.08 billion supports reinvestment and shareholder returns.

    Risk factors include regulatory scrutiny in the Chinese tech sector and potential dilution from future capital raises. The company's dilution risk is currently assessed as low, but the negative net cash position and high long-term debt could necessitate additional financing in the future.

    Recent events include strong analyst sentiment, with 12 strong-buy ratings and 19 buy ratings, reflecting confidence in the company's growth prospects and operational performance. The firm's capital expenditure of CNY -14.94 billion indicates a focus on cost management and operational efficiency.

    Key takeaways
    • Kuaishou Technology demonstrates strong profitability with ROE of 23.4% and ROA of 11.32%.
    • The company's capital structure is relatively conservative, with a debt-to-equity ratio of 0.44.
    • Revenue is heavily concentrated in China, exposing the firm to regulatory and macroeconomic risks.
    • Analysts project continued growth, with a mean price target of CNY 72.90.
    • The firm's liquidity position is moderate, with a current ratio of 1.15 and a negative net cash position.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$45,64
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$79.56B
    Net cash
    -HK$33.90B
    Current ratio
    1.1
    Debt / equity
    0.4
    ROA
    11.3%
    ROE
    23.4%
    Cash conversion
    144.0%
    CapEx / revenue
    -10.5%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    4,29
    Predicted surprise
    -0,08
    Beat probability
    45 %
    Analysts
    36
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-20 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate4,29
    Revenueno estimateno estimate150,1B CNY
    Operating incomeno estimateno estimate17,0B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-07-03

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution36 analysts
    Strong buy12
    Buy19
    Hold5
    Sell0
    Strong sell0
    12-month price targetHK$72,90 · Median HK$72,00
    Low HK$48,80High HK$100,00
    Operating income · consensus17,0B CNY
    EPS surprise
    +9,3 %
    reported vs consensus · beat
    Revenue surprise
    −4,9 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$48,80
    MeanHK$72,90
    MedianHK$72,00
    HighHK$100,00
    SpotHK$45,64
    +59.7 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin14,4 %Above P75
    Net Margin13,0 %Above P75
    ROE23,4 %Best in class
    Capex / Rev-10,5 %Bottom quartile
    D/E0,44Below median
    Cash Conv1,44Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Kuaishou Technology Market data — financials · 2026-05-26
    • Kuaishou Technology Market data — analyst estimates · 2026-05-26
    • Kuaishou Technology Market data — ESG · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data
    Index membership
    Hang Seng

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1024.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,08Full forecast →
    peak dispatch · 2026-07-01
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-03 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage