Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

Bilibili 4Q: Gaming to Drop Further with In-House Developed Strategy

[Bilibili Inc. (BILI US) Target Price Change]: Minor Protection Would Be a Pending Issue

IQiyi Follow-On Offer: Shifting Focus to Profits No Longer Sustainable

Kuaishou: Domestic Business Turns Profitable for the First Time

Bilibili Follow-On Offering: Limited Upside

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/beijing-kuaishou-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:29725:1" rel="noopener">Kuaishou Technology (1024 HK)</a> will report 4Q2022 and full-year results on 23rd March 2023.</li>
<li>The company’s livestreaming revenues have made significant progress since 4Q2021 while its domestic business reported an operating profit for the first time in 3Q2022.</li>
<li>Though the company’s share price has not moved up yet, we think there is further upside to the current share price driven by improved earnings.</li>
</ul>



Kuaishou Technology (1024 HK) will report 4Q2022 and full-year results on 23rd March 2023.
The company’s livestreaming revenues have made significant progress since 4Q2021 while its domestic business reported an operating profit for the first time in 3Q2022.
Though the company’s share price has not moved up yet, we think there is further upside to the current share price driven by improved earnings.


Kuaishou 4Q2022E Preview: Continued Recovery in Earnings