Kingsoft Cloud Holdings Ltd - Understand $kc stock

$KC Market Cap: $1.188 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.015B

TTM

Gross Margin

15.03%

TTM

Net Earnings

-$1.783B

TTM

Current Assets

$6.301B

Q2 2024

Current Liabilities

$7.482B

Q2 2024

Current Ratio

84.21%

Q2 2024

Total Assets

$16.46B

Q2 2024

Total Liabilities

$10.10B

Q2 2024

Book Value

$6.357B

Q2 2024

Cash

$1.838B

Q2 2024

P/E

-0.6664

Nov 14, 2024 EST

Free Cash Flow

-$1.948B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$7.047B	$8.180B	$9.061B	$6.577B	$3.956B	$2.218B	$1.236B
YoY Change	-13.85%	-9.72%	37.76%	66.24%	78.36%	79.47%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$7.047B	$8.180B	$9.061B	$6.577B	$3.956B	$2.218B	$1.236B
Cost Of Revenue	$6.197B	$7.751B	$8.709B	$6.220B	$3.949B	$2.419B	$1.354B
Gross Profit	$850.2M	$429.5M	$351.3M	$357.0M	$7.700M	-$200.4M	-$118.2M
Gross Profit Margin	12.06%	5.25%	3.88%	5.43%	0.19%	-9.03%	-9.56%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$1.520B	$1.710B	$1.120B	$789.1M	$556.1M	$338.5M	$209.5M
YoY Change	-11.08%	52.67%	41.92%	41.9%	64.28%	61.58%
% of Gross Profit	178.82%	398.04%	318.79%	221.04%	7222.08%
Research & Development	$784.8M	$971.2M	$1.044B	$775.1M	$595.2M	$440.5M	$399.2M
YoY Change	-19.19%	-6.95%	34.67%	30.23%	35.12%	10.35%
% of Gross Profit	92.31%	226.11%	297.14%	217.11%	7729.87%
Depreciation & Amortization	$132.5M	$167.8M	$855.6M	$758.0M	$604.6M	$412.4M	$297.6M
YoY Change	-21.06%	-80.39%	12.88%	25.37%	46.61%	38.58%
% of Gross Profit	15.58%	39.07%	243.56%	212.32%	7851.95%
Operating Expenses	$2.305B	$2.681B	$2.164B	$1.564B	$1.151B	$779.0M	$608.7M
YoY Change	-14.02%	23.91%	38.32%	35.87%	47.79%	27.98%
Operating Profit	-$1.455B	-$2.251B	-$1.812B	-$1.207B	-$1.144B	-$979.4M	-$726.9M
YoY Change	-35.38%	24.22%	50.12%	5.57%	16.77%	34.74%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$157.5M	-$435.5M	$141.3M	$270.8M	$34.70M	-$18.10M	$12.10M
YoY Change	-63.84%	-408.15%	-47.81%	680.4%	-291.71%	-249.59%
% of Operating Profit
Other Income/Expense, Net	$100.4M	$23.01M	$95.05M	-$10.80M	$6.600M	$700.0K	$1.200M
YoY Change	336.23%	-75.79%	-980.06%	-263.64%	842.86%	-41.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$2.166B	-$2.664B	-$1.576B	-$947.3M	-$1.102B	-$996.8M	-$713.6M
YoY Change	-18.7%	69.03%	66.37%	-14.05%	10.57%	39.69%
Income Tax	$17.96M	$24.47M	$15.74M	$14.90M	$9.000M	$9.600M	$700.0K
% Of Pretax Income
Net Earnings	-$2.176B	-$2.658B	-$1.589B	-$962.3M	-$1.111B	-$1.006B	-$714.3M
YoY Change	-18.13%	67.32%	65.1%	-13.4%	10.41%	40.89%
Net Earnings / Revenue	-30.88%	-32.5%	-17.53%	-14.63%	-28.09%	-45.37%	-57.79%
Basic Earnings Per Share	-$0.09	-$0.11	-$0.46	-$0.41
Diluted Earnings Per Share	-$0.61	-$0.73	-$461.6K	-$400.8K	-$369.9K	-$335.0K	-$237.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$2.255B	$4.673B	$6.709B	$6.118B	$2.249B	$3.715B
YoY Change	-51.74%	-30.35%	9.65%	172.03%	-39.46%
Cash & Equivalents	$2.255B	$3.419B	$4.218B	$3.425B	$2.023B	$1.507B
Short-Term Investments	$0.00	$1.254B	$2.491B	$2.693B	$225.0M	$2.208B
Other Short-Term Assets	$2.047B	$1.727B	$1.327B	$887.0M	$422.0M	$281.0M
YoY Change	18.55%	30.1%	49.62%	110.19%	50.18%
Inventory
Prepaid Expenses
Receivables	$1.530B	$2.402B	$4.121B	$2.335B	$1.347B	$542.0M
Other Receivables	$266.0M	$246.5M	$256.1M	$205.0M	$132.0M	$196.0M
Total Short-Term Assets	$6.098B	$9.048B	$12.41B	$9.545B	$4.150B	$4.734B
YoY Change	-32.61%	-27.1%	30.05%	130.0%	-12.34%
Property, Plant & Equipment	$2.345B	$2.354B	$2.621B	$2.224B	$1.721B	$1.043B
YoY Change	-0.36%	-10.19%	17.83%	29.23%	65.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$259.9M	$273.6M	$207.2M	$127.0M	$115.0M	$5.000M
YoY Change	-4.99%	32.06%	63.12%	10.43%	2200.0%
Other Assets	$870.8M	$21.26M	$36.86M	$12.00M	$36.00M	$64.00M
YoY Change	3995.29%	-42.32%	207.2%	-66.67%	-43.75%
Total Long-Term Assets	$8.972B	$8.268B	$8.665B	$2.384B	$1.882B	$1.125B
YoY Change	8.52%	-4.59%	263.47%	26.67%	67.29%
Total Assets	$15.07B	$17.32B	$21.08B	$11.93B	$6.032B	$5.859B
YoY Change
Accounts Payable	$1.805B	$2.302B	$2.939B	$2.057B	$1.255B	$721.0M
YoY Change	-21.58%	-21.67%	42.86%	63.9%	74.06%
Accrued Expenses	$2.917B	$2.968B	$1.733B	$420.0M	$870.0M	$385.0M
YoY Change	-1.71%	71.26%	312.58%	-51.72%	125.97%
Deferred Revenue
YoY Change
Short-Term Debt	$1.111B	$909.5M	$1.348B	$278.0M	$0.00	$0.00
YoY Change	22.14%	-32.54%	384.95%
Long-Term Debt Due	$899.5M	$340.1M	$236.2M	$74.00M	$204.0M	$285.0M
YoY Change	164.45%	44.0%	219.2%	-63.73%	-28.42%
Total Short-Term Liabilities	$6.829B	$6.659B	$7.516B	$3.466B	$2.420B	$1.437B
YoY Change	2.55%	-11.41%	116.85%	43.22%	68.41%
Long-Term Debt	$140.1M	$413.5M	$472.9M	$0.00	$74.00M	$319.0M
YoY Change	-66.12%	-12.57%		-100.0%	-76.8%
Other Long-Term Liabilities	$713.2M	$493.6M	$1.391B	$224.0M	$0.00	$145.0M
YoY Change	44.48%	-64.51%	520.97%		-100.0%
Total Long-Term Liabilities	$853.2M	$907.1M	$1.864B	$224.0M	$74.00M	$319.0M
YoY Change	-5.94%	-51.33%	732.08%	202.7%	-76.8%
Total Liabilities	$8.180B	$8.515B	$10.47B	$3.689B	$2.495B	$1.757B
YoY Change	-3.94%	-18.7%	183.93%	47.86%	42.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	3.558B	3.624B	3.442B	2.401B
Diluted Shares Outstanding	3.558B	3.624B	3.442B	2.401B
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.1879 Billion

About Kingsoft Cloud Holdings Ltd

Kingsoft Cloud Holdings Ltd is a CN-based company operating in IT Services industry. The company is headquartered in Beijing, Beijing and currently employs 10,493 full-time employees. The company went IPO on 2020-05-04. Kingsoft Cloud Holdings Ltd is a China-based company mainly engaged in independent cloud services. The firm provide a full suite of cloud products combining unified IaaS infrastructure and PaaS middleware, and tailored business applications which support a wide range of use cases that enable customers’ diverse business objectives. The firm also offer solutions in a holistic approach, by merging cloud solutions with dedicated customer services. The Company’s end-to-end customer services cover planning, solution development, fulfillment and deployment, as well as ongoing maintenance and upgrade.

Industry: Services-Prepackaged Software Peers: VNET Group Inc Chindata Group Holdings Ltd