Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022 - 2024)

Kingsoft Cloud Holdings has reported Asset Writedowns and Impairment for 3 years, with the latest figure at $256.1 million in Q4 2024.

• For the quarter ending Q4 2024, Asset Writedowns and Impairment rose 41.03% year-over-year to $256.1 million; the trailing twelve-month figure through Dec 2024 stood at $242.4 million (up 168.43% YoY), and the FY2024 full-year result was -$126.0 million, down 36.86% from the prior year.
• Asset Writedowns and Impairment for Q4 2024 stood at $256.1 million, up from -$131.1 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $256.1 million in Q4 2024, with the low at -$131.1 million in Q3 2024.
• Historically, Asset Writedowns and Impairment has averaged $30.7 million across 3 years, with a median of -$2.1 million in 2022.
• The largest YoY upside for Asset Writedowns and Impairment was 8743.76% in 2023 against a maximum downside of 4518.96% in 2023.
• Kingsoft Cloud Holdings' Asset Writedowns and Impairment stood at -$2.1 million in 2022, then jumped by 8743.76% to $181.6 million in 2023, then jumped by 41.03% to $256.1 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $256.1 million (Q4 2024), -$131.1 million (Q3 2024), and $181.6 million (Q4 2023), per Business Quant data.