KSHTY (Kuaishou Technology) Beneish M-Score: -2.44 (As of Jun. 25, 2026)

What is Kuaishou Technology Beneish M-Score?

Kuaishou Technology KSHTY -1.38% 72 Beneish M-Score is -2.44 as of Jun. 25, 2026. GuruFocus rates KSHTY with a GF Score™ of 72/100 and a GF Value™ of $1.91 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 532 Interactive Media companies, Kuaishou Technology ranks worse than 64.1% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.44 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Kuaishou Technology's Beneish M-Score or its related term are showing as below:

KSHTY' s Beneish M-Score Range Over the Past 10 Years
Min: -6.25 Med: -2.84 Max: -2.43
Current: -2.44

During the past 9 years, the highest Beneish M-Score of Kuaishou Technology was -2.43. The lowest was -6.25. And the median was -2.84.

Kuaishou Technology Beneish M-Score Related Terms

Kuaishou Technology Beneish M-Score Historical Data

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The historical data trend for Kuaishou Technology's Beneish M-Score 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.

Kuaishou Technology Beneish M-Score Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Beneish M-Score

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-4.57

-2.97

-3.18

-2.77

-2.43

Kuaishou Technology Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Beneish M-Score	Get a 7-Day Free Trial															-2.47	-2.49	-2.53	-2.43	-2.44

KSHTY vs GOOGL, META, SPOT: Beneish M-Score Comparison

For the Internet Content & Information subindustry, Kuaishou Technology's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kuaishou Technology Beneish M-Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kuaishou Technology's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Kuaishou Technology's Beneish M-Score falls into.

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Kuaishou Technology KSHTY

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Kuaishou Technology Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Kuaishou Technology for today is based on a combination of the following eight different indices:

-4.84

0.92 * DSRI

0.528 * GMI

0.404 * AQI

0.892 * SGI

0.115 * DEPI

-4.84

0.92 * 1.202

0.528 * 1.0066

0.404 * 0.8514

0.892 * 1.1306

0.115 * 1

0.172 * SGAI

4.679 * TATA

0.327 * LVGI

0.172 * 0.9252

4.679 * -0.046164

0.327 * 1.0455

-2.45

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was $2,181 Mil.
Revenue was 4891.978 + 5617.901 + 4991.086 + 4880.787 = $20,382 Mil.
Gross Profit was 2502.721 + 3097.882 + 2728.153 + 2716.283 = $11,045 Mil.
Total Current Assets was $12,121 Mil.
Total Assets was $27,424 Mil.
Property, Plant and Equipment(Net PPE) was $5,715 Mil.
Depreciation, Depletion and Amortization(DDA) was $0 Mil.
Selling, General, & Admin. Expense(SGA) was $6,509 Mil.
Total Current Liabilities was $10,831 Mil.
Long-Term Debt & Capital Lease Obligation was $4,561 Mil.
Net Income was 421.207 + 742.418 + 630.027 + 685.477 = $2,479 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = $0 Mil.
Cash Flow from Operations was 453.418 + 1031.633 + 1076.578 + 1183.5 = $3,745 Mil.

Total Receivables was $1,605 Mil.
Revenue was 4498.089 + 4859.972 + 4399.52 + 4269.646 = $18,027 Mil.
Gross Profit was 2454.306 + 2626.533 + 2390.334 + 2361.917 = $9,833 Mil.
Total Current Assets was $8,212 Mil.
Total Assets was $19,598 Mil.
Property, Plant and Equipment(Net PPE) was $3,338 Mil.
Depreciation, Depletion and Amortization(DDA) was $0 Mil.
Selling, General, & Admin. Expense(SGA) was $6,223 Mil.
Total Current Liabilities was $8,156 Mil.
Long-Term Debt & Capital Lease Obligation was $2,365 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI	=	(Receivables_t / Revenue_t)	/	(Receivables_t-1 / Revenue_t-1)
	=	(2180.903 / 20381.752)	/	(1604.845 / 18027.227)
	=	0.107003	/	0.089023
	=	1.202

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI	=	GrossMargin_t-1	/	GrossMargin_t
	=	(GrossProfit_t-1 / Revenue_t-1)	/	(GrossProfit_t / Revenue_t)
	=	(9833.09 / 18027.227)	/	(11045.039 / 20381.752)
	=	0.545458	/	0.541908
	=	1.0066

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI	=	(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t)	/	(1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
	=	(1 - (12121.269 + 5714.949) / 27424.152)	/	(1 - (8212.103 + 3338.253) / 19597.892)
	=	0.349616	/	0.410633
	=	0.8514

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI	=	Sales_t	/	Sales_t-1
	=	Revenue_t	/	Revenue_t-1
	=	20381.752	/	18027.227
	=	1.1306

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI	=	(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1))	/	(Depreciation_t / (Depreciaton_t + PPE_t))
	=	(0 / (0 + 3338.253))	/	(0 / (0 + 5714.949))
	=	0	/	0
	=	1

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI	=	(SGA_t / Sales_t)	/	(SGA_t-1 /Sales_t-1)
	=	(6509.299 / 20381.752)	/	(6223.044 / 18027.227)
	=	0.319369	/	0.345203
	=	0.9252

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI	=	((LTD_t + CurrentLiabilities_t) / TotalAssets_t)	/	((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
	=	((4561.019 + 10830.661) / 27424.152)	/	((2365.056 + 8155.822) / 19597.892)
	=	0.561245	/	0.536837
	=	1.0455

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA	=	(IncomefromContinuingOperations_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(NetIncome_t - NonOperatingIncome_t	-	CashFlowsfromOperations_t)	/	TotalAssets_t
	=	(2479.129 - 0	-	3745.129)	/	27424.152
	=	-0.046164

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Kuaishou Technology has a M-score of -2.45 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →

What does a Beneish M-Score of -2.44 mean?

Kuaishou Technology (KSHTY) has a Beneish M-Score of -2.44 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Kuaishou Technology and its competitors. According to the industry distribution chart, Kuaishou Technology ranks #341 out of 532 companies in the Interactive Media industry, placing it in the top 64.1%.

Is Kuaishou Technology's Beneish M-Score too high?

Kuaishou Technology's current Beneish M-Score is -2.44. Based on the distribution chart, Kuaishou Technology ranks #341 out of 532 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Kuaishou Technology has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Kuaishou Technology's Beneish M-Score compare to GOOGL and META?

According to the Interactive Media industry distribution chart, Kuaishou Technology ranks #341 out of 532 companies for Beneish M-Score. This places Kuaishou Technology in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Beneish M-Score for an Interactive Media company?

A good Beneish M-Score depends on the Interactive Media industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Beneish M-Score mean?

A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Kuaishou Technology and its competitors. Kuaishou Technology's current Beneish M-Score is -2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kuaishou Technology stock overvalued right now?

Based on GuruFocus' analysis, Kuaishou Technology (KSHTY) is currently considered Possible Value Trap. The stock's GF Value™ is $1.91, compared to a current price of $1.11 — trading 41.9% below its estimated fair value. The current Beneish M-Score is -2.44. Kuaishou Technology's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Beneish M-Score calculated?

Beneish M-Score is calculated from a company's financial statements. For Kuaishou Technology (KSHTY), the current Beneish M-Score is -2.44 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kuaishou Technology (KSHTY) Overvalued in 2026?

Based on GuruFocus' analysis, Kuaishou Technology stock appears to be undervalued. The current stock price of $1.11 is trading 41.9% below its estimated GF Value™ of $1.91. GuruFocus considers Kuaishou Technology to be Possible Value Trap.

Key valuation signals for KSHTY:

Beneish M-Score: -2.44
GF Value™: $1.91 vs. price of $1.11 (41.9% below fair value)
GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the KSHTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kuaishou Technology Business Description

Industry Communication Services Interactive Media

Comparable Companies HKSE:00772 HKSE:09899 HKSE:01357 HKSE:01896 HKSE:03700 HKSE:02008 HKSE:01980 HKSE:00543 HKSE:00150 HKSE:01739 GOOGL META HKSE:00700 SPOT TSE:6098 NBIS BIDU RDDT XKRX:035420 TME

Other Exchanges KUASF:USA KUAISH01:Thailand 01024:Hong Kong 0A74:UK 5Y0:Germany

Address No. 16, Xierqi West Street, Haidian District, Beijing, CHN, 100085

Website https://www.kuaishou.com

Kuaishou Technology is a social media platform where users create, watch, and share short-form videos. Approximately half of the company's revenue comes from advertising. Additionally, Kuaishou generates revenue through livestreaming, where fans purchase virtual gifts to tip hosts. The platform also features livestreaming e-commerce, enabling users to buy products showcased in videos, with Kuaishou earning a commission on each transaction. Kuaishou's primary competitors are ByteDance's Douyin and Tencent Video. Notably, Tencent owns a 16% stake in Kuaishou.

72GF Score

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Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.11

Price

$1.91

GF Value

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