Kingsoft Cloud Holdings Ltd (KC) - Net Assets
Based on the latest financial reports, Kingsoft Cloud Holdings Ltd (KC) has net assets worth $9.32 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.75 Billion) and total liabilities ($17.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check KC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.32 Billion |
| % of Total Assets | 34.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | -18.91% |
| 10-Year Change | N/A |
| Growth Volatility | 38.45 |
Kingsoft Cloud Holdings Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Kingsoft Cloud Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kingsoft Cloud Holdings Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Kingsoft Cloud Holdings Ltd (2018–2025)
The table below shows the annual net assets of Kingsoft Cloud Holdings Ltd from 2018 to 2025. For live valuation and market cap data, see Kingsoft Cloud Holdings Ltd (KC) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.32 Billion | +69.27% |
| 2024-12-31 | $5.51 Billion | -24.02% |
| 2023-12-31 | $7.25 Billion | -24.39% |
| 2022-12-31 | $9.58 Billion | -16.61% |
| 2021-12-31 | $11.49 Billion | +38.96% |
| 2020-12-31 | $8.27 Billion | +297.04% |
| 2019-12-31 | $-4.20 Billion | -29.42% |
| 2018-12-31 | $-3.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kingsoft Cloud Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1146667971900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.91 Million | 0.33% |
| Other Comprehensive Income | $492.38 Million | 5.28% |
| Other Components | $24.06 Billion | 258.04% |
| Total Equity | $9.32 Billion | 100.00% |
Kingsoft Cloud Holdings Ltd Competitors by Market Cap
The table below lists competitors of Kingsoft Cloud Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LG Display Co Ltd
NYSE:LPL
|
$4.33 Billion |
|
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE)
NSE:AIIL
|
$4.33 Billion |
|
Sotera Health Co
NASDAQ:SHC
|
$4.33 Billion |
|
Synnex Technology International Corp
TW:2347
|
$4.34 Billion |
|
Worley Ltd
AU:WOR
|
$4.32 Billion |
|
All Winner Technology Co Ltd
SHE:300458
|
$4.32 Billion |
|
Emmi AG
SW:EMMN
|
$4.32 Billion |
|
Hang Zhou Iron & Steel Co Ltd
SHG:600126
|
$4.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingsoft Cloud Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,168,040,000 to 9,322,959,008, a change of 4,154,919,008 (80.4%).
- Net loss of 910,742,991 reduced equity.
- Other comprehensive income decreased equity by 106,519,659.
- Other factors increased equity by 5,172,181,658.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-910.74 Million | -9.77% |
| Other Comprehensive Income | $-106.52 Million | -1.14% |
| Other Changes | $5.17 Billion | +55.48% |
| Total Change | $- | 80.40% |
Book Value vs Market Value Analysis
This analysis compares Kingsoft Cloud Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.44x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-53.24 | $15.00 | x |
| 2019-12-31 | $-70.43 | $15.00 | x |
| 2020-12-31 | $51.22 | $15.00 | x |
| 2021-12-31 | $45.98 | $15.00 | x |
| 2022-12-31 | $36.25 | $15.00 | x |
| 2023-12-31 | $28.90 | $15.00 | x |
| 2024-12-31 | $21.09 | $15.00 | x |
| 2025-12-31 | $34.05 | $15.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingsoft Cloud Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.79%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.87x
- Recent ROE (-9.77%) is above the historical average (-17.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -45.37% | 0.39x | 0.00x | $-721.39 Million |
| 2019 | 0.00% | -28.09% | 0.65x | 0.00x | $-688.47 Million |
| 2020 | -11.04% | -14.63% | 0.52x | 1.45x | $-1.73 Billion |
| 2021 | -14.79% | -17.53% | 0.42x | 1.99x | $-2.63 Billion |
| 2022 | -30.73% | -32.50% | 0.48x | 1.97x | $-3.58 Billion |
| 2023 | -31.58% | -30.88% | 0.47x | 2.19x | $-2.87 Billion |
| 2024 | -38.05% | -25.26% | 0.44x | 3.40x | $-2.48 Billion |
| 2025 | -9.77% | -9.79% | 0.35x | 2.87x | $-1.84 Billion |
Industry Comparison
This section compares Kingsoft Cloud Holdings Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,053,721,914
- Average return on equity (ROE) among peers: -264.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingsoft Cloud Holdings Ltd (KC) | $9.32 Billion | 0.00% | 1.87x | $4.33 Billion |
| Adobe Systems Incorporated (ADBE) | $224.60 Million | 19.41% | 0.25x | $93.73 Billion |
| ADEIA CORP (ADEA) | $1.45 Billion | 10.11% | 0.86x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $2.32 Billion | 19.64% | 0.66x | $76.36 Billion |
| Autodesk Inc (ADSK) | $1.31 Billion | 14.01% | 0.85x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $130.78 Million | 13.07% | 0.44x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $109.00K | -2388.07% | 23.23x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $408.76 Million |
| Alkami Technology Inc (ALKT) | $14.64 Million | -285.93% | 2.60x | $1.72 Billion |
About Kingsoft Cloud Holdings Ltd
Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's product portfolio includes cloud products, such as infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, containers, database, big data, secu… Read more