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Kingsoft Cloud Holdings (Kingsoft Cloud Holdings) Total Assets : $2,215.2 Mil (As of Mar. 2024)


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What is Kingsoft Cloud Holdings Total Assets?

Kingsoft Cloud Holdings's Total Assets for the quarter that ended in Mar. 2024 was $2,215.2 Mil.

Warning Sign:

If a company builds assets at 46.3% a year, faster than its revenue growth rate of 25.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Kingsoft Cloud Holdings's average Total Assets Growth Rate was 11.90% per year. During the past 3 years, the average Total Assets Growth Rate was 26.40% per year. During the past 5 years, the average Total Assets Growth Rate was 46.30% per year.

During the past 7 years, Kingsoft Cloud Holdings's highest 3-Year average Total Assets Growth Rate was 93.50%. The lowest was 26.40%. And the median was 49.80%.

Total Assets is connected with ROA %. Kingsoft Cloud Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -9.23%. Total Assets is also linked to Revenue through Asset Turnover. Kingsoft Cloud Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.


Kingsoft Cloud Holdings Total Assets Historical Data

The historical data trend for Kingsoft Cloud Holdings's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kingsoft Cloud Holdings Total Assets Chart

Kingsoft Cloud Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 860.01 1,824.23 3,309.32 2,483.79 2,110.62

Kingsoft Cloud Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,402.77 2,252.89 1,933.48 2,110.62 2,215.16

Kingsoft Cloud Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Kingsoft Cloud Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1014.804+1095.82
=2,110.6

Kingsoft Cloud Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=973.101+1242.059
=2,215.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kingsoft Cloud Holdings  (NAS:KC) Total Assets Explanation

Total Assets is connected with ROA %.

Kingsoft Cloud Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-199.632/( (2110.624+2215.161)/ 2 )
=-199.632/2162.8925
=-9.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Kingsoft Cloud Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=246.571/( (2110.624+2215.161)/ 2 )
=246.571/2162.8925
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Kingsoft Cloud Holdings Total Assets Related Terms

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Kingsoft Cloud Holdings (Kingsoft Cloud Holdings) Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Building D, Xiaomi Science and Technology Park, Haidian District, Beijing, CHN, 100085
Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.