Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022 - 2024)
Kingsoft Cloud Holdings posted quarterly Asset Writedowns and Impairment of $256.1 million for Q4 2024, up 41.03% year-on-year from $181.6 million in Q1 2024, and up 295.39% on a QoQ basis from -$131.1 million in Q3 2024.
Kingsoft Cloud Holdings (KC) has 3 years of Asset Writedowns and Impairment data on file, last reported 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, up 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.
- Across five years, Asset Writedowns and Impairment topped out at $256.1 million in Q4 2024 and bottomed at -$131.1 million in Q3 2024.
- The 3-year median for Asset Writedowns and Impairment is -$655812.5 (2022), against an average of $26.9 million.
- Peak annual rise in Asset Writedowns and Impairment reached 8743.76% in 2023, while the deepest fall reached 4518.96% in 2023.
- A 3-year view of Asset Writedowns and Impairment shows it stood at -$2.1 million in 2022, then surged by 8743.76% to $181.6 million in 2023, then surged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Kingsoft Cloud Holdings | 8.23 Bn | 7.37 Bn | 66.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 256.08 Mn |
| Dec 31, 2024 | 256.08 Mn |
| Sep 30, 2024 | -131.06 Mn |
| Sep 30, 2024 | -131.06 Mn |
| Dec 31, 2023 | 181.57 Mn |
| Dec 31, 2023 | 181.57 Mn |
| Sep 30, 2023 | -64.22 Mn |
| Sep 30, 2023 | -64.22 Mn |
| Mar 31, 2023 | -27.06 Mn |
| Mar 31, 2023 | -27.06 Mn |
| Dec 31, 2022 | -2.10 Mn |
| Dec 31, 2022 | -2.10 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Sep 30, 2022 | 1.45 Mn |
| Mar 31, 2022 | 789,000.00 |
| Mar 31, 2022 | 789,000.00 |