Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022 - 2024)
Kingsoft Cloud Holdings (KC) posted Asset Writedowns and Impairment of $128.0 million for Q4 2024, up 197.7% on a QoQ basis from -$131.1 million in Q3 2024, and down 29.48% year-over-year from $181.6 million in Q1 2024.
Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022 - 2024) Analysis & Trends
Kingsoft Cloud Holdings' Asset Writedowns and Impairment history runs 3 years deep, the most recent figure standing at $128.0 million for Q4 2024.
- Quarterly Asset Writedowns and Impairment fell 29.48% year-over-year to $128.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $114.3 million (up 26.63% YoY) and the FY2025 annual result came in at $1.5 million, up 101.2% from the prior year.
- Asset Writedowns and Impairment was $128.0 million for Q4 2024 at Kingsoft Cloud Holdings, up from -$131.1 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $181.6 million in Q4 2023 and bottomed at -$131.1 million in Q3 2024.
- A 3-year average of $10.9 million and a median of -$655812.5 in 2022 frame the typical range for Asset Writedowns and Impairment.
- Peak annual rise in Asset Writedowns and Impairment reached 8743.76% in 2023, while the deepest fall reached 4518.96% in 2023.
- Kingsoft Cloud Holdings' Asset Writedowns and Impairment stood at -$2.1 million in 2022, then soared by 8743.76% to $181.6 million in 2023, then dropped by 29.48% to $128.0 million in 2024.
- Business Quant data shows KC's Asset Writedowns and Impairment at $128.0 million in Q4 2024, -$131.1 million in Q3 2024, and $181.6 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn |
| 10 | Kingsoft Cloud Holdings | 40.87 Bn | 40.02 Bn | 66.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 128.04 Mn |
| Dec 31, 2024 | 128.04 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 |