Kingsoft Cloud Holdings Limited (KC) 10-Year Financial Performance & Capital Metrics

KC • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

AboutKingsoft Cloud Holdings Limited provides cloud services to businesses and organizations in China. The company offers public cloud services to customers in various verticals, including game, video, AI, e-commerce, education, and mobile internet; and enterprise cloud services to customers in financial service, public service, and healthcare businesses. The company was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.Show more

Revenue $7.79B +10.5%
EBITDA -$476M +59.3%
Net Income -$1.97B +9.6%
EPS (Diluted) -8.10 +11.5%
Gross Margin 17.22% +42.8%
EBITDA Margin -6.11% +63.1%
Operating Margin -22.34% +25.3%
Net Margin -25.26% +18.2%
ROE -30.85% -19.3%
ROIC -17.67% +20.5%
Debt/Equity 0.94 +297.0%
Interest Coverage -7.46 +48.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 14.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y14.56%

3Y-4.52%

TTM25.05%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM52.13%

EPS CAGR

10Y-

5Y-

3Y-

TTM54.4%

ROCE

10Y Avg-21.22%

5Y Avg-19.43%

3Y Avg-20.7%

Latest-20.86%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.3B	3.95B	6.22B	8.94B	8.32B	7.05B	7.79B
Revenue Growth %	-	0.71%	0.58%	0.44%	-0.07%	-0.15%	0.1%
Cost of Goods Sold+	2.52B	3.94B	5.89B	8.67B	8.06B	6.2B	6.44B
COGS % of Revenue	1.09%	1%	0.95%	0.97%	0.97%	0.88%	0.83%
Gross Profit+	-214.06M	2.31M	326.35M	277.22M	267.39M	850.17M	1.34B
Gross Margin %	-0.09%	0%	0.05%	0.03%	0.03%	0.12%	0.17%
Gross Profit Growth %	-	1.01%	139.99%	-0.15%	-0.04%	2.18%	0.58%
Operating Expenses+	803.56M	1.14B	1.47B	2.07B	2.56B	2.96B	3.08B
OpEx % of Revenue	0.35%	0.29%	0.24%	0.23%	0.31%	0.42%	0.4%
Selling, General & Admin	345.86M	549.2M	734.88M	1.04B	1.57B	863.73M	854.06M
SG&A % of Revenue	0.15%	0.14%	0.12%	0.12%	0.19%	0.12%	0.11%
Research & Development	457.7M	593.56M	732.82M	1.03B	988.27M	784.7M	857.98M
R&D % of Revenue	0.2%	0.15%	0.12%	0.12%	0.12%	0.11%	0.11%
Other Operating Expenses	0	0	0	0	0	1.31B	1.38B
Operating Income+	-1.02B	-1.14B	-1.14B	-1.79B	-2.29B	-2.11B	-1.74B
Operating Margin %	-0.44%	-0.29%	-0.18%	-0.2%	-0.28%	-0.3%	-0.22%
Operating Income Growth %	-	-0.12%	-0%	-0.57%	-0.28%	0.08%	0.18%
EBITDA+	-589.19M	-537.5M	-424.69M	-944.4M	-1.11B	-1.17B	-475.92M
EBITDA Margin %	-0.26%	-0.14%	-0.07%	-0.11%	-0.13%	-0.17%	-0.06%
EBITDA Growth %	-	0.09%	0.21%	-1.22%	-0.18%	-0.05%	0.59%
D&A (Non-Cash Add-back)	428.44M	602.95M	716.66M	844.53M	1.18B	940.35M	1.26B
EBIT	-995.35M	-1.09B	-886.65M	-1.5B	-2.57B	-2.02B	-1.75B
Net Interest Income+	80.7M	73.49M	63.97M	19.64M	-58.07M	-67.61M	-205.57M
Interest Income	121.04M	78.4M	72.91M	71.01M	82.16M	78.4M	27.39M
Interest Expense	40.34M	4.91M	8.94M	51.37M	140.23M	146.01M	232.96M
Other Income/Expense	-18.06M	41.23M	245.77M	233.32M	-419.75M	-57.14M	-241.56M
Pretax Income+	-1.04B	-1.1B	-895.58M	-1.56B	-2.71B	-2.17B	-1.98B
Pretax Margin %	-0.45%	-0.28%	-0.14%	-0.17%	-0.33%	-0.31%	-0.25%
Income Tax+	10.01M	8.98M	14.09M	15.54M	24.9M	17.96M	-1.52M
Effective Tax Rate %	1.01%	1.01%	1.02%	1.01%	1%	1%	0.99%
Net Income+	-1.05B	-1.11B	-909.73M	-1.57B	-2.7B	-2.18B	-1.97B
Net Margin %	-0.45%	-0.28%	-0.15%	-0.18%	-0.32%	-0.31%	-0.25%
Net Income Growth %	-	-0.06%	0.18%	-0.72%	-0.72%	0.2%	0.1%
Net Income (Continuing)	-1.05B	-1.11B	-909.67M	-1.57B	-2.74B	-2.18B	-1.98B
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	61K	888.47M	782.48M	355.75M	337.28M
EPS (Diluted)+	-33.23	-19.65	-6.15	-6.90	-10.95	-9.15	-8.10
EPS Growth %	-	0.41%	0.69%	-0.12%	-0.59%	0.16%	0.11%
EPS (Basic)	-33.23	-19.65	-6.15	-6.90	-10.95	-9.15	-8.10
Diluted Shares Outstanding	53.16M	59.6M	160.86M	230.6M	242.8M	238.41M	245.09M
Basic Shares Outstanding	30.59M	57.05M	157.62M	230.6M	242.8M	238.41M	245.09M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.73B	4.15B	9.54B	12.41B	9.05B	6.1B	6.84B
Cash & Short-Term Investments	3.72B	2.25B	6.12B	6.71B	4.67B	2.26B	2.74B
Cash Only	1.51B	2.02B	3.42B	4.22B	3.42B	2.26B	2.65B
Short-Term Investments	2.21B	225.43M	2.69B	2.49B	1.25B	0	90.42M
Accounts Receivable	781.18M	1.48B	2.54B	4.54B	3.3B	2.51B	2.63B
Days Sales Outstanding	123.72	136.84	149.09	185.46	144.53	129.92	123.28
Inventory	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-
Other Current Assets	11.48M	29.54M	337.9M	378.09M	205.93M	314.89M	202.63M
Total Non-Current Assets+	1.12B	1.88B	2.41B	8.67B	8.27B	8.97B	10.75B
Property, Plant & Equipment	1.11B	1.75B	2.25B	2.62B	2.37B	3.21B	5.18B
Fixed Asset Turnover	2.08x	2.25x	2.76x	3.41x	3.51x	2.20x	1.50x
Goodwill	0	0	0	4.63B	4.61B	4.61B	4.61B
Intangible Assets	10.15M	7.43M	16.57M	1.17B	1.01B	834.48M	694.88M
Long-Term Investments	5M	114.88M	126.58M	207.17M	273.58M	259.93M	234.18M
Other Non-Current Assets	3.21M	4.83M	17.58M	34.82M	7.81M	66.41M	34.52M
Total Assets+	5.86B	6.03B	11.96B	21.08B	17.32B	15.07B	17.59B
Asset Turnover	0.39x	0.65x	0.52x	0.42x	0.48x	0.47x	0.44x
Asset Growth %	-	0.03%	0.98%	0.76%	-0.18%	-0.13%	0.17%
Total Current Liabilities+	1.44B	2.42B	3.47B	7.52B	6.66B	6.83B	9.16B
Accounts Payable	720.8M	1.25B	2.06B	2.94B	2.3B	1.81B	1.88B
Days Payables Outstanding	104.45	116.13	127.45	123.77	104.29	106.31	106.31
Short-Term Debt	80.79M	100M	352.84M	1.35B	909.5M	1.11B	2.23B
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	46.51M	30.34M	54.31M	71.93M	98.95M	73.55M	36.38M
Current Ratio	3.29x	1.71x	2.75x	1.65x	1.36x	0.89x	0.75x
Quick Ratio	3.29x	1.71x	2.75x	1.65x	1.36x	0.89x	0.75x
Cash Conversion Cycle	-	-	-	-	-	-	-
Total Non-Current Liabilities+	7.67B	7.81B	223.56M	2.07B	1.07B	995.78M	2.93B
Long-Term Debt	174.35M	74.35M	0	0	0	100M	1.66B
Capital Lease Obligations	0	0	182.96M	158.29M	303.87M	396.65M	762.86M
Deferred Tax Liabilities	383K	206K	29K	205.89M	167.05M	142.56M	101.68M
Other Non-Current Liabilities	7.49B	7.73B	33.56M	1.7B	499.02M	269.38M	399.73M
Total Liabilities	9.1B	10.23B	3.69B	9.59B	7.73B	7.82B	12.09B
Total Debt+	255.14M	174.35M	612.27M	1.62B	1.35B	1.72B	5.2B
Net Debt	-1.25B	-1.85B	-2.81B	-2.6B	-2.07B	-532.82M	2.55B
Debt / Equity	-	-	0.07x	0.14x	0.14x	0.24x	0.94x
Debt / EBITDA	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-
Interest Coverage	-25.23x	-232.19x	-127.71x	-34.83x	-16.34x	-14.44x	-7.46x
Total Equity+	-3.24B	-4.2B	8.24B	11.49B	9.58B	7.25B	5.51B
Equity Growth %	-	-0.29%	2.96%	0.39%	-0.17%	-0.24%	-0.24%
Book Value per Share	-61.01	-70.43	51.23	49.84	39.47	30.39	22.46
Total Shareholders' Equity	-3.24B	-4.2B	8.24B	10.6B	8.8B	6.89B	5.17B
Common Stock	4.85M	5.56M	22.8M	24.78M	25.06M	25.44M	25.69M
Retained Earnings	-3.79B	-4.9B	-5.86B	-7.46B	-10.12B	-12.32B	-14.29B
Treasury Stock	0	0	0	0	-208.38M	-208.38M	-105.48M
Accumulated OCI	419.75M	484.35M	-68.44M	-207.88M	453.07M	577.11M	598.9M
Minority Interest	0	0	61K	888.47M	782.48M	355.75M	337.28M

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-383.11M	-439.13M	-290.43M	-708.87M	188.97M	-169.07M	628.42M
Operating CF Margin %	-0.17%	-0.11%	-0.05%	-0.08%	0.02%	-0.02%	0.08%
Operating CF Growth %	-	-0.15%	0.34%	-1.44%	1.27%	-1.89%	4.72%
Net Income	-1.01B	-1.11B	-962.2M	-1.59B	-2.69B	-2.18B	-196.96M
Depreciation & Amortization	412.35M	604.58M	758.04M	855.6M	1.16B	940.48M	1.26B
Stock-Based Compensation	46.94M	121.28M	330.11M	434.35M	359.83M	181.65M	214.44M
Deferred Taxes	0	0	-173.46M	-11.85M	-35.2M	-24.49M	-40.89M
Other Non-Cash Items	95.62M	59.53M	56.62M	30.39M	872.48M	698.55M	-681.96M
Working Capital Changes	68.42M	-113.33M	-299.54M	-425.6M	522.82M	218.39M	70.69M
Change in Receivables	-46.72M	-823.03M	-1.02B	-947.79M	788.01M	362.24M	-219.1M
Change in Inventory	0	0	0	0	0	0	0
Change in Payables	260.09M	533.77M	804.2M	593.41M	-585.42M	-621.33M	0
Cash from Investing+	-1.17B	883.25M	-4.31B	-421.62M	-32.87M	-673.19M	-3.62B
Capital Expenditures	-1.1B	-999.65M	-1.59B	-735.39M	-1.44B	-1.96B	-3.67B
CapEx % of Revenue	0.48%	0.25%	0.26%	0.08%	0.17%	0.28%	0.47%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	10M	-18.38M	8.38M	11.57M	-117.73M	2.58M	144.39M
Cash from Financing+	2.44B	64.51M	6.12B	2.21B	-1.15B	-227.85M	3.26B
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	20.9M	11.23M	50.92M	-49.38M	-673.96M	-213.17M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-1.48B	-1.44B	-1.88B	-1.44B	-1.25B	-2.13B	-3.05B
FCF Margin %	-0.64%	-0.36%	-0.3%	-0.16%	-0.15%	-0.3%	-0.39%
FCF Growth %	-	0.03%	-0.31%	0.23%	0.14%	-0.71%	-0.43%
FCF per Share	-27.83	-24.14	-11.70	-6.26	-5.14	-8.95	-12.46
FCF Conversion (FCF/Net Income)	0.37x	0.40x	0.32x	0.45x	-0.07x	0.08x	-0.32x
Interest Paid	33.54M	24.14M	9.21M	45.84M	130.32M	96.73M	185.49M
Taxes Paid	5.01M	4.28M	6.27M	6.87M	64.93M	33.92M	34.11M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-45.01%	-15.89%	-25.67%	-25.86%	-30.85%
Return on Invested Capital (ROIC)	-	-	-15.77%	-18.74%	-20.95%	-22.23%	-17.67%
Gross Margin	-9.29%	0.06%	5.25%	3.1%	3.21%	12.06%	17.22%
Net Margin	-45.37%	-28.09%	-14.63%	-17.53%	-32.5%	-30.88%	-25.26%
Debt / Equity	-	-	0.07x	0.14x	0.14x	0.24x	0.94x
Interest Coverage	-25.23x	-232.19x	-127.71x	-34.83x	-16.34x	-14.44x	-7.46x
FCF Conversion	0.37x	0.40x	0.32x	0.45x	-0.07x	0.08x	-0.32x
Revenue Growth	-	71.2%	57.6%	43.83%	-6.93%	-15.33%	10.47%

Revenue by Segment

	2020	2021	2022	2023	2024
Enterprise Cloud Services	1.37B	-	2.82B	2.66B	2.78B
Enterprise Cloud Services Growth	-	-	-	-5.43%	4.27%
Other Services	37.77M	-	2.85M	1.73M	152K
Other Services Growth	-	-	-	-39.38%	-91.20%
Product and Service, Other	-	3.88M	-	-	-
Product and Service, Other Growth	-	-	-	-	-
Public cloud service	5.17B	-	-	-	-
Public cloud service Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Kingsoft Cloud Holdings Limited (KC) reported $9.02B in revenue for fiscal year 2024. This represents a 292% increase from $2.30B in 2018.

Kingsoft Cloud Holdings Limited (KC) grew revenue by 10.5% over the past year. This is steady growth.

Kingsoft Cloud Holdings Limited (KC) reported a net loss of $971.0M for fiscal year 2024.

Dividend & Returns

Kingsoft Cloud Holdings Limited (KC) has a return on equity (ROE) of -30.8%. Negative ROE indicates the company is unprofitable.

Kingsoft Cloud Holdings Limited (KC) had negative free cash flow of $343.4M in fiscal year 2024, likely due to heavy capital investments.

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Kingsoft Cloud Holdings Limited (KC) 10-Year Financial Performance & Capital Metrics

KC • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

Revenue $7.79B +10.5%
EBITDA -$476M +59.3%
Net Income -$1.97B +9.6%
EPS (Diluted) -8.10 +11.5%
Gross Margin 17.22% +42.8%
EBITDA Margin -6.11% +63.1%
Operating Margin -22.34% +25.3%
Net Margin -25.26% +18.2%
ROE -30.85% -19.3%
ROIC -17.67% +20.5%
Debt/Equity 0.94 +297.0%
Interest Coverage -7.46 +48.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 14.6%
✓Trading at only 0.6x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y14.56%

3Y-4.52%

TTM25.05%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM52.13%

EPS CAGR

10Y-

5Y-

3Y-

TTM54.4%

ROCE

10Y Avg-21.22%

5Y Avg-19.43%

3Y Avg-20.7%

Latest-20.86%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.3B	3.95B	6.22B	8.94B	8.32B	7.05B	7.79B
Revenue Growth %	-	0.71%	0.58%	0.44%	-0.07%	-0.15%	0.1%
Cost of Goods Sold+	2.52B	3.94B	5.89B	8.67B	8.06B	6.2B	6.44B
COGS % of Revenue	1.09%	1%	0.95%	0.97%	0.97%	0.88%	0.83%
Gross Profit+	-214.06M	2.31M	326.35M	277.22M	267.39M	850.17M	1.34B
Gross Margin %	-0.09%	0%	0.05%	0.03%	0.03%	0.12%	0.17%
Gross Profit Growth %	-	1.01%	139.99%	-0.15%	-0.04%	2.18%	0.58%
Operating Expenses+	803.56M	1.14B	1.47B	2.07B	2.56B	2.96B	3.08B
OpEx % of Revenue	0.35%	0.29%	0.24%	0.23%	0.31%	0.42%	0.4%
Selling, General & Admin	345.86M	549.2M	734.88M	1.04B	1.57B	863.73M	854.06M
SG&A % of Revenue	0.15%	0.14%	0.12%	0.12%	0.19%	0.12%	0.11%
Research & Development	457.7M	593.56M	732.82M	1.03B	988.27M	784.7M	857.98M
R&D % of Revenue	0.2%	0.15%	0.12%	0.12%	0.12%	0.11%	0.11%
Other Operating Expenses	0	0	0	0	0	1.31B	1.38B
Operating Income+	-1.02B	-1.14B	-1.14B	-1.79B	-2.29B	-2.11B	-1.74B
Operating Margin %	-0.44%	-0.29%	-0.18%	-0.2%	-0.28%	-0.3%	-0.22%
Operating Income Growth %	-	-0.12%	-0%	-0.57%	-0.28%	0.08%	0.18%
EBITDA+	-589.19M	-537.5M	-424.69M	-944.4M	-1.11B	-1.17B	-475.92M
EBITDA Margin %	-0.26%	-0.14%	-0.07%	-0.11%	-0.13%	-0.17%	-0.06%
EBITDA Growth %	-	0.09%	0.21%	-1.22%	-0.18%	-0.05%	0.59%
D&A (Non-Cash Add-back)	428.44M	602.95M	716.66M	844.53M	1.18B	940.35M	1.26B
EBIT	-995.35M	-1.09B	-886.65M	-1.5B	-2.57B	-2.02B	-1.75B
Net Interest Income+	80.7M	73.49M	63.97M	19.64M	-58.07M	-67.61M	-205.57M
Interest Income	121.04M	78.4M	72.91M	71.01M	82.16M	78.4M	27.39M
Interest Expense	40.34M	4.91M	8.94M	51.37M	140.23M	146.01M	232.96M
Other Income/Expense	-18.06M	41.23M	245.77M	233.32M	-419.75M	-57.14M	-241.56M
Pretax Income+	-1.04B	-1.1B	-895.58M	-1.56B	-2.71B	-2.17B	-1.98B
Pretax Margin %	-0.45%	-0.28%	-0.14%	-0.17%	-0.33%	-0.31%	-0.25%
Income Tax+	10.01M	8.98M	14.09M	15.54M	24.9M	17.96M	-1.52M
Effective Tax Rate %	1.01%	1.01%	1.02%	1.01%	1%	1%	0.99%
Net Income+	-1.05B	-1.11B	-909.73M	-1.57B	-2.7B	-2.18B	-1.97B
Net Margin %	-0.45%	-0.28%	-0.15%	-0.18%	-0.32%	-0.31%	-0.25%
Net Income Growth %	-	-0.06%	0.18%	-0.72%	-0.72%	0.2%	0.1%
Net Income (Continuing)	-1.05B	-1.11B	-909.67M	-1.57B	-2.74B	-2.18B	-1.98B
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	0	0	61K	888.47M	782.48M	355.75M	337.28M
EPS (Diluted)+	-33.23	-19.65	-6.15	-6.90	-10.95	-9.15	-8.10
EPS Growth %	-	0.41%	0.69%	-0.12%	-0.59%	0.16%	0.11%
EPS (Basic)	-33.23	-19.65	-6.15	-6.90	-10.95	-9.15	-8.10
Diluted Shares Outstanding	53.16M	59.6M	160.86M	230.6M	242.8M	238.41M	245.09M
Basic Shares Outstanding	30.59M	57.05M	157.62M	230.6M	242.8M	238.41M	245.09M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	4.73B	4.15B	9.54B	12.41B	9.05B	6.1B	6.84B
Cash & Short-Term Investments	3.72B	2.25B	6.12B	6.71B	4.67B	2.26B	2.74B
Cash Only	1.51B	2.02B	3.42B	4.22B	3.42B	2.26B	2.65B
Short-Term Investments	2.21B	225.43M	2.69B	2.49B	1.25B	0	90.42M
Accounts Receivable	781.18M	1.48B	2.54B	4.54B	3.3B	2.51B	2.63B
Days Sales Outstanding	123.72	136.84	149.09	185.46	144.53	129.92	123.28
Inventory	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-
Other Current Assets	11.48M	29.54M	337.9M	378.09M	205.93M	314.89M	202.63M
Total Non-Current Assets+	1.12B	1.88B	2.41B	8.67B	8.27B	8.97B	10.75B
Property, Plant & Equipment	1.11B	1.75B	2.25B	2.62B	2.37B	3.21B	5.18B
Fixed Asset Turnover	2.08x	2.25x	2.76x	3.41x	3.51x	2.20x	1.50x
Goodwill	0	0	0	4.63B	4.61B	4.61B	4.61B
Intangible Assets	10.15M	7.43M	16.57M	1.17B	1.01B	834.48M	694.88M
Long-Term Investments	5M	114.88M	126.58M	207.17M	273.58M	259.93M	234.18M
Other Non-Current Assets	3.21M	4.83M	17.58M	34.82M	7.81M	66.41M	34.52M
Total Assets+	5.86B	6.03B	11.96B	21.08B	17.32B	15.07B	17.59B
Asset Turnover	0.39x	0.65x	0.52x	0.42x	0.48x	0.47x	0.44x
Asset Growth %	-	0.03%	0.98%	0.76%	-0.18%	-0.13%	0.17%
Total Current Liabilities+	1.44B	2.42B	3.47B	7.52B	6.66B	6.83B	9.16B
Accounts Payable	720.8M	1.25B	2.06B	2.94B	2.3B	1.81B	1.88B
Days Payables Outstanding	104.45	116.13	127.45	123.77	104.29	106.31	106.31
Short-Term Debt	80.79M	100M	352.84M	1.35B	909.5M	1.11B	2.23B
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	46.51M	30.34M	54.31M	71.93M	98.95M	73.55M	36.38M
Current Ratio	3.29x	1.71x	2.75x	1.65x	1.36x	0.89x	0.75x
Quick Ratio	3.29x	1.71x	2.75x	1.65x	1.36x	0.89x	0.75x
Cash Conversion Cycle	-	-	-	-	-	-	-
Total Non-Current Liabilities+	7.67B	7.81B	223.56M	2.07B	1.07B	995.78M	2.93B
Long-Term Debt	174.35M	74.35M	0	0	0	100M	1.66B
Capital Lease Obligations	0	0	182.96M	158.29M	303.87M	396.65M	762.86M
Deferred Tax Liabilities	383K	206K	29K	205.89M	167.05M	142.56M	101.68M
Other Non-Current Liabilities	7.49B	7.73B	33.56M	1.7B	499.02M	269.38M	399.73M
Total Liabilities	9.1B	10.23B	3.69B	9.59B	7.73B	7.82B	12.09B
Total Debt+	255.14M	174.35M	612.27M	1.62B	1.35B	1.72B	5.2B
Net Debt	-1.25B	-1.85B	-2.81B	-2.6B	-2.07B	-532.82M	2.55B
Debt / Equity	-	-	0.07x	0.14x	0.14x	0.24x	0.94x
Debt / EBITDA	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-
Interest Coverage	-25.23x	-232.19x	-127.71x	-34.83x	-16.34x	-14.44x	-7.46x
Total Equity+	-3.24B	-4.2B	8.24B	11.49B	9.58B	7.25B	5.51B
Equity Growth %	-	-0.29%	2.96%	0.39%	-0.17%	-0.24%	-0.24%
Book Value per Share	-61.01	-70.43	51.23	49.84	39.47	30.39	22.46
Total Shareholders' Equity	-3.24B	-4.2B	8.24B	10.6B	8.8B	6.89B	5.17B
Common Stock	4.85M	5.56M	22.8M	24.78M	25.06M	25.44M	25.69M
Retained Earnings	-3.79B	-4.9B	-5.86B	-7.46B	-10.12B	-12.32B	-14.29B
Treasury Stock	0	0	0	0	-208.38M	-208.38M	-105.48M
Accumulated OCI	419.75M	484.35M	-68.44M	-207.88M	453.07M	577.11M	598.9M
Minority Interest	0	0	61K	888.47M	782.48M	355.75M	337.28M

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-383.11M	-439.13M	-290.43M	-708.87M	188.97M	-169.07M	628.42M
Operating CF Margin %	-0.17%	-0.11%	-0.05%	-0.08%	0.02%	-0.02%	0.08%
Operating CF Growth %	-	-0.15%	0.34%	-1.44%	1.27%	-1.89%	4.72%
Net Income	-1.01B	-1.11B	-962.2M	-1.59B	-2.69B	-2.18B	-196.96M
Depreciation & Amortization	412.35M	604.58M	758.04M	855.6M	1.16B	940.48M	1.26B
Stock-Based Compensation	46.94M	121.28M	330.11M	434.35M	359.83M	181.65M	214.44M
Deferred Taxes	0	0	-173.46M	-11.85M	-35.2M	-24.49M	-40.89M
Other Non-Cash Items	95.62M	59.53M	56.62M	30.39M	872.48M	698.55M	-681.96M
Working Capital Changes	68.42M	-113.33M	-299.54M	-425.6M	522.82M	218.39M	70.69M
Change in Receivables	-46.72M	-823.03M	-1.02B	-947.79M	788.01M	362.24M	-219.1M
Change in Inventory	0	0	0	0	0	0	0
Change in Payables	260.09M	533.77M	804.2M	593.41M	-585.42M	-621.33M	0
Cash from Investing+	-1.17B	883.25M	-4.31B	-421.62M	-32.87M	-673.19M	-3.62B
Capital Expenditures	-1.1B	-999.65M	-1.59B	-735.39M	-1.44B	-1.96B	-3.67B
CapEx % of Revenue	0.48%	0.25%	0.26%	0.08%	0.17%	0.28%	0.47%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	10M	-18.38M	8.38M	11.57M	-117.73M	2.58M	144.39M
Cash from Financing+	2.44B	64.51M	6.12B	2.21B	-1.15B	-227.85M	3.26B
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	20.9M	11.23M	50.92M	-49.38M	-673.96M	-213.17M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-1.48B	-1.44B	-1.88B	-1.44B	-1.25B	-2.13B	-3.05B
FCF Margin %	-0.64%	-0.36%	-0.3%	-0.16%	-0.15%	-0.3%	-0.39%
FCF Growth %	-	0.03%	-0.31%	0.23%	0.14%	-0.71%	-0.43%
FCF per Share	-27.83	-24.14	-11.70	-6.26	-5.14	-8.95	-12.46
FCF Conversion (FCF/Net Income)	0.37x	0.40x	0.32x	0.45x	-0.07x	0.08x	-0.32x
Interest Paid	33.54M	24.14M	9.21M	45.84M	130.32M	96.73M	185.49M
Taxes Paid	5.01M	4.28M	6.27M	6.87M	64.93M	33.92M	34.11M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-45.01%	-15.89%	-25.67%	-25.86%	-30.85%
Return on Invested Capital (ROIC)	-	-	-15.77%	-18.74%	-20.95%	-22.23%	-17.67%
Gross Margin	-9.29%	0.06%	5.25%	3.1%	3.21%	12.06%	17.22%
Net Margin	-45.37%	-28.09%	-14.63%	-17.53%	-32.5%	-30.88%	-25.26%
Debt / Equity	-	-	0.07x	0.14x	0.14x	0.24x	0.94x
Interest Coverage	-25.23x	-232.19x	-127.71x	-34.83x	-16.34x	-14.44x	-7.46x
FCF Conversion	0.37x	0.40x	0.32x	0.45x	-0.07x	0.08x	-0.32x
Revenue Growth	-	71.2%	57.6%	43.83%	-6.93%	-15.33%	10.47%

Revenue by Segment

	2020	2021	2022	2023	2024
Enterprise Cloud Services	1.37B	-	2.82B	2.66B	2.78B
Enterprise Cloud Services Growth	-	-	-	-5.43%	4.27%
Other Services	37.77M	-	2.85M	1.73M	152K
Other Services Growth	-	-	-	-39.38%	-91.20%
Product and Service, Other	-	3.88M	-	-	-
Product and Service, Other Growth	-	-	-	-	-
Public cloud service	5.17B	-	-	-	-
Public cloud service Growth	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Kingsoft Cloud Holdings Limited (KC) reported $9.02B in revenue for fiscal year 2024. This represents a 292% increase from $2.30B in 2018.

Kingsoft Cloud Holdings Limited (KC) grew revenue by 10.5% over the past year. This is steady growth.

Kingsoft Cloud Holdings Limited (KC) reported a net loss of $971.0M for fiscal year 2024.

Dividend & Returns

Kingsoft Cloud Holdings Limited (KC) has a return on equity (ROE) of -30.8%. Negative ROE indicates the company is unprofitable.

Kingsoft Cloud Holdings Limited (KC) had negative free cash flow of $343.4M in fiscal year 2024, likely due to heavy capital investments.