Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022)
Kingsoft Cloud Holdings' (KC) quarterly Asset Writedowns and Impairment came in at $1.5 million in Q3 2022, up 84.19% quarter-over-quarter from $789000.0 in Q1 2022.
Analysis
Kingsoft Cloud Holdings (KC) Asset Writedowns and Impairment (2022) Analysis & Trends
Kingsoft Cloud Holdings (KC) has reported Asset Writedowns and Impairment for 1 consecutive years, with $1.5 million the latest figure, recorded in Q3 2022.
- For the quarter ending Q3 2022, Asset Writedowns and Impairment changed N/A year-over-year to $1.5 million; the trailing twelve-month figure through Dec 2022 stood at $2.2 million (changed N/A YoY), and the FY2023 full-year result was $1.9 million, down 11.68% from the prior year.
- Asset Writedowns and Impairment advanced to $1.5 million in Q3 2022 per KC's latest filing, from $789000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.5 million in Q3 2022 and bottomed at $789000.0 in Q1 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,711.27 Bn | 3,578.52 Bn | 60.48 Bn |
| 2 | International Business Machines | 221.25 Bn | 209.98 Bn | 9.91 Bn |
| 3 | Nebius | 57.28 Bn | 49.24 Bn | 448.70 Mn |
| 4 | CoreWeave | 49.24 Bn | 43.70 Bn | 1.70 Bn |
| 5 | Nutanix | 18.40 Bn | 16.38 Bn | 610.79 Mn |
| 6 | DigitalOcean Holdings | 11.81 Bn | 11.04 Bn | 154.66 Mn |
| 7 | Kingsoft Cloud Holdings | 3.27 Bn | 2.57 Bn | 68.71 Mn |
| 8 | SharonAI Holdings | 2.00 Bn | 139.21 Mn | 1.17 Mn |
| 9 | Tuya | 1.16 Bn | 182.03 Mn | 43.05 Mn |
| 10 | Backblaze | 776.06 Mn | 724.68 Mn | - |