Kuaishou Technology (HKSE:01024) Other Income (Minority Interest) : HK$-3 Mil (TTM As of Dec. 2023)

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What is Kuaishou Technology Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Kuaishou Technology's Other Income (Minority Interest) for the three months ended in Dec. 2023 was HK$-4 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3 Mil.

Kuaishou Technology Other Income (Minority Interest) Historical Data

The historical data trend for Kuaishou Technology's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kuaishou Technology Other Income (Minority Interest) Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Minority Interest)

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4.23

-1.12

-3.28

Kuaishou Technology Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Income (Minority Interest)	Get a 7-Day Free Trial															-	3.42	-1.09	-1.07	-4.38

Kuaishou Technology Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-3 Mil.

Kuaishou Technology (HKSE:01024) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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