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Kuaishou Technology Class B (HK:1024)
HKEX:1024
RESEARCH TOOLSreports
Kuaishou Technology Class B (1024) Stock Price & Analysis
16 Followers
1024 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$38.40 - HK$72.50
Previous CloseHK$57
Volume47.41M
Average Volume (3M)23.83M
Market Cap
HK$247.43B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)35.8
Beta2.00
Next Earnings
May 22, 2024EPS Estimate
HK$0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.59
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume23,834,961
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$75.61Price Target Upside32.65% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Bulls Say, Bears Say
Bulls Say
Cost Management And ProfitabilityMargins are expected to improve, backed by cost discipline, ROI-driven sales and marketing, and narrowing losses in overseas markets.
Financial PerformanceKuaishou is expected to deliver solid results with a revenue increase and an improved adjusted net profit margin.
Market Share And GrowthThe company sees high visibility for continuously gaining share in both ecommerce and ads with improving monetization.
Bears Say
Earnings QualityConcerns arise as the company's earnings outperformance is primarily driven by reduced expenses, which may suggest that revenue growth is not the primary contributor to profitability.
Growth SlowdownThe modest growth of around 16% in GMV from the livestreaming segment signals a slowdown and could reflect increasing competition and a broader stagnation in the short-video advertising market.
Shareholder ConcernsTencent’s strategy to focus on share buybacks rather than divestment may ease some worries, but the potential for further share sell-down by co-founder Su Hua and other anchor investors continues to loom over the stock.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
3.51% Mutual Funds
6.97% Other Institutional Investors
89.52% Public Companies and
Individual Investors
1024 FAQ
What was Kuaishou Technology Class B’s price range in the past 12 months?
Kuaishou Technology Class B lowest stock price was HK$38.40 and its highest was HK$72.50 in the past 12 months.
What is Kuaishou Technology Class B’s market cap?
Currently, no data Available
When is Kuaishou Technology Class B’s upcoming earnings report date?
Kuaishou Technology Class B’s upcoming earnings report date is May 22, 2024 which is in 12 days.
How were Kuaishou Technology Class B’s earnings last quarter?
Kuaishou Technology Class B released its earnings results on Mar 20, 2024. The company reported HK$1.051 earnings per share for the quarter, beating the consensus estimate of HK$0.731 by HK$0.32.
Is Kuaishou Technology Class B overvalued?
According to Wall Street analysts Kuaishou Technology Class B’s price is currently Undervalued.
Does Kuaishou Technology Class B pay dividends?
Kuaishou Technology Class B does not currently pay dividends.
What is Kuaishou Technology Class B’s EPS estimate?
Kuaishou Technology Class B’s EPS estimate is HK$0.69.
How many shares outstanding does Kuaishou Technology Class B have?
Kuaishou Technology Class B has 3,582,347,000 shares outstanding.
What happened to Kuaishou Technology Class B’s price movement after its last earnings report?
Kuaishou Technology Class B reported an EPS of HK$1.051 in its last earnings report, beating expectations of HK$0.731. Following the earnings report the stock price went up 0.771%.
Which hedge fund is a major shareholder of Kuaishou Technology Class B?
Currently, no hedge funds are holding shares in HK:1024
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Kuaishou Technology Class B Stock Smart Score
Outperform
1
2
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$75.61 (32.65% Upside)
HK$75.61 (32.65% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.93%
12-Months-Change
Fundamentals
Return on Equity
13.99%
Trailing 12-Months
Asset Growth
16.72%
Trailing 12-Months
Company Description
Kuaishou Technology Class B
Kuaishou Technology is a social platform that allows users to capture and share snippets of their everyday lives through short videos and live-streaming. Geographically, it derives revenue from China. It generates maximum revenue from Live streaming.
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1024 Stock 12 Month Forecast
Average Price Target
HK$75.61
▲(32.65% Upside)
Technical Analysis
Best Analysts Covering 1024
1 Year
1 Year Success Rate
3/6 ratings generated profit
1 Year Average Return
+4.93%
reiterated a buy rating 2 months ago
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