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Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.
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Kingsoft Cloud Holdings Ltd provides cloud infrastructure and application services to Chinese enterprises, internet companies and developers, including compute, storage, CDN and managed software. Long-term growth may be driven by continued enterprise cloud adoption in China, rising demand for AI and data services, and product diversification. The company appears positioned to benefit from secular cloud migration and scale opportunities in a large domestic market.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -2663.91M | -1576.02M | -947.29M | -1102.20M | -996.81M |
| Minority interest | 30.20M | 3.04M | 0.06M | 0.06M | 0.06M |
| Net income | -2688.39M | -1591.76M | -962.20M | -1111.20M | -1006.44M |
| Selling general administrative | 1149.68M | 601.70M | 379.89M | 238.65M | 146.85M |
| Selling and marketing expenses | 560.06M | 518.17M | 409.21M | 317.43M | 191.67M |
| Gross profit | 429.54M | 351.29M | 356.98M | 7.71M | -200.39M |
| Reconciled depreciation | 1157.42M | 855.60M | 758.04M | 604.58M | 412.35M |
| Ebit | -2251.41M | -1812.39M | -1207.25M | -1143.53M | -862.19M |
| Ebitda | -2191.47M | -1561.80M | -1140.94M | -453.73M | -449.83M |
| Depreciation and amortization | 59.94M | 250.59M | 66.31M | 689.80M | 412.35M |
| Operating income | -2251.41M | -1812.39M | -1207.25M | -1143.53M | -979.42M |
| Other operating expenses | 10431.52M | 10873.18M | 7784.56M | 5099.89M | 3197.60M |
| Interest expense | 137.81M | 52.04M | 9.45M | 4.92M | 38.83M |
| Tax provision | 24.47M | 15.74M | 14.90M | 9.00M | 9.63M |
| Interest income | 80.74M | 71.94M | 77.12M | 78.61M | 116.50M |
| Net interest income | -57.07M | 19.90M | 67.67M | 73.69M | 77.67M |
| Income tax expense | 24.47M | 15.74M | 14.90M | 9.00M | 9.63M |
| Total revenue | 8180.11M | 9060.78M | 6577.31M | 3956.35M | 2218.17M |
| Total operating expenses | 2680.95M | 2163.68M | 1564.23M | 1151.24M | 779.03M |
| Cost of revenue | 7750.57M | 8709.50M | 6220.32M | 3948.64M | 2418.56M |
| Total other income expense net | -412.50M | 236.38M | 259.96M | 41.34M | -95.06M |
| Net income from continuing ops | -2688.39M | -1591.76M | -962.20M | -1111.20M | -1006.44M |
| Net income applicable to common shares | - | -1588.71M | -982.03M | -1160.92M | -1748.91M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 15070.28M | 17316.23M | 21078.04M | 11959.41M | 6031.82M |
| Intangible assets | 834.48M | 1008.02M | 1169.77M | 16.57M | 7.43M |
| Other current assets | 80.69M | 1612.02M | 1687.02M | 887.09M | 17.57M |
| Total liab | 7824.37M | 7732.73M | 9585.62M | 3719.36M | 10229.08M |
| Total stockholder equity | 6890.15M | 8801.02M | 10603.95M | 8239.99M | -4197.26M |
| Other current liab | 3359.57M | 2881.72M | 2741.53M | 817.78M | 985.79M |
| Common stock | 25.44M | 25.06M | 24.78M | 22.80M | 5.56M |
| Capital stock | 25.44M | 25.06M | 24.78M | 22.80M | 128.74M |
| Retained earnings | -12315.04M | -10116.94M | -7458.75M | -5864.36M | -4902.10M |
| Other liab | - | - | 1911.45M | 40.61M | 0.21M |
| Good will | 4605.72M | 4605.72M | 4625.11M | - | - |
| Other assets | - | 27.02M | 42.62M | 17.58M | 38.80M |
| Cash | 2255.29M | 3419.17M | 4217.53M | 3424.67M | 2023.26M |
| Total current liabilities | 6828.59M | 6658.63M | 7515.88M | 3495.80M | 2419.99M |
| Current deferred revenue | 438.12M | 428.72M | 378.96M | 191.36M | 79.61M |
| Net debt | -532.82M | -2249.88M | -2602.48M | -2812.41M | -1848.91M |
| Short term debt | 1225.82M | 1046.22M | 1456.76M | 429.31M | 100.00M |
| Short long term debt | 1110.90M | 909.50M | 1348.17M | 352.84M | 100.00M |
| Short long term debt total | 1722.47M | 1169.28M | 1615.05M | 612.27M | 174.35M |
| Other stockholder equity | 18602.64M | 18439.82M | 18245.80M | 14149.98M | 91.75M |
| Property plant equipment | - | 2353.53M | 2620.55M | 2253.96M | 1720.97M |
| Total current assets | 6098.12M | 9048.35M | 12412.82M | 9544.72M | 4149.74M |
| Long term investments | 259.93M | 273.58M | 207.17M | 126.58M | 114.88M |
| Net tangible assets | - | - | 4809.07M | 8223.42M | -4327.87M |
| Short term investments | 0.00M | 1253.67M | 2491.06M | 2693.02M | 225.43M |
| Net receivables | 2508.49M | 2648.93M | 3778.12M | 2539.94M | 1495.21M |
| Long term debt | 100.00M | - | - | - | 74.35M |
| Inventory | 1253.65M | 114.56M | 239.09M | - | 388.27M |
| Accounts payable | 1805.08M | 2301.96M | 2938.63M | 2057.36M | 1254.59M |
| Accumulated other comprehensive income | 577.11M | 453.07M | -207.88M | -68.44M | 484.35M |
| Common stock total equity | - | - | - | 22.80M | 5.56M |
| Non currrent assets other | 10.14M | 27.02M | 34.82M | 11.82M | 2.50M |
| Non current assets total | 8972.15M | 8267.88M | 8665.22M | 2414.69M | 1882.08M |
| Capital lease obligations | 511.57M | 259.78M | 266.88M | 259.43M | - |
| Long term debt total | - | - | - | - | 74.35M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -32.87M | -421.62M | -4314.00M | 883.25M | -87.37M |
| Change to liabilities | 0.00M | 0.00M | 804.20M | 533.77M | 260.09M |
| Total cashflows from investing activities | - | -421.62M | -4314.00M | 883.25M | -1173.56M |
| Net borrowings | - | - | 178.49M | -305.79M | -416.05M |
| Total cash from financing activities | -1152.15M | 2212.49M | 6124.15M | 64.51M | 2435.83M |
| Change to operating activities | - | - | -88.08M | 171.21M | -149.57M |
| Net income | -2688.39M | -1591.76M | -962.20M | -1111.20M | -1006.44M |
| Change in cash | -922.89M | 1031.95M | 1401.41M | 516.19M | 933.63M |
| Begin period cash flow | 4456.62M | 3424.67M | 2023.26M | 1507.07M | 573.44M |
| End period cash flow | 3533.73M | 4456.62M | 3424.67M | 2023.26M | 1507.07M |
| Total cash from operating activities | 188.97M | -708.87M | -290.43M | -439.13M | -383.11M |
| Issuance of capital stock | 0.00M | 0.00M | 5934.44M | 349.39M | 2851.88M |
| Depreciation | 1157.42M | 855.60M | 758.04M | 604.58M | 412.35M |
| Other cashflows from investing activities | - | -421.62M | -4314.00M | -18.38M | 10.00M |
| Change to account receivables | 827.59M | -947.79M | -1024.11M | -823.03M | -46.72M |
| Sale purchase of stock | -208.38M | - | - | 370.29M | 2851.88M |
| Other cashflows from financing activities | 1187.28M | 2783.55M | 414.44M | 370.29M | 2851.88M |
| Change to netincome | 1689.73M | 24.24M | -86.21M | 180.81M | 142.56M |
| Capital expenditures | 1437.41M | 735.39M | 1591.64M | 999.65M | 1096.19M |
| Change in working capital | 242.16M | -425.60M | -299.54M | -113.33M | 68.42M |
| Stock based compensation | 359.83M | 434.35M | 330.11M | 121.28M | 46.94M |
| Other non cash items | 1153.13M | 30.39M | 56.62M | 59.53M | 95.62M |
| Free cash flow | -1248.43M | -1444.26M | -1882.08M | -1438.79M | -1479.30M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| KC Kingsoft Cloud Holdings Ltd |
-0.76 8.92% |
7.76 | - | - | 0.12 | 0.82 | 0.10 | -0.34 |
| SAP SAP SE ADR |
-0.29 0.12% |
233.81 | 28.16 | 22.42 | 6.52 | 4.85 | 5.60 | 16.61 |
| CRM Salesforce Inc |
-2.48 1.14% |
215.53 | 23.41 | 15.55 | 4.79 | 5.56 | 5.55 | 14.88 |
| SAPGF SAP SE |
0.50 0.21% |
234.50 | 76.28 | 22.88 | 5.61 | 3.84 | 5.59 | 26.18 |
| SHOP Shopify Inc |
-1.14 0.76% |
148.12 | 90.18 | 53.19 | 12.70 | 13.17 | 12.23 | 67.86 |
Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.
| Name | Title | Year Born |
|---|---|---|
| Mr. Tao Zou | Vice Chairman & Acting CEO | 1975 |
| Mr. Shouhu Wang | Pres | 1970 |
| Mr. Haijian He | Chief Financial Officer | 1982 |
| Mr. Shouxing Liang | Chief Operating Officer | 1980 |
| Nicole Shan | Investor Relations Officer | NA |
| Mr. Tao Liu | Sr. VP | 1982 |
| Mr. Tao Zou | Vice Chairman of the Board & Acting CEO | 1975 |
| Mr. Shouhu Wang | President | 1970 |
| Mr. Haijian He | CFO & Director | 1983 |
| Mr. Tao Liu | Senior Vice President | 1982 |
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