Kingsoft Cloud Holdings Limited (KC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 11.03B | 9.62B | 10.39B | 7.14B | 6.84B | 6.05B | 6.3B | 6.24B | 6.1B | 6.57B | 8.44B | 8.71B | 9.05B | 10.04B | 10.32B | 11.27B | 12.41B | 11.97B | 9.97B | 9.39B |
| Cash & Short-Term Investments | 6.12B | 3.95B | 5.46B | 2.38B | 2.74B | 1.62B | 1.84B | 1.81B | 2.26B | 2.61B | 4.29B | 4.46B | 4.67B | 5.33B | 5.35B | 5.6B | 6.71B | 5.99B | 5.47B | 5.46B |
| Cash Only | 6.12B | 3.95B | 5.46B | 2.32B | 2.65B | 1.62B | 1.84B | 1.81B | 2.26B | 2.61B | 3.71B | 3.57B | 3.42B | 3.16B | 2.73B | 3.22B | 4.22B | 3.44B | 2.95B | 2.79B |
| Short-Term Investments | 0 | 0 | 0 | 60.24M | 90.42M | 0 | 0 | 0 | 0 | 0 | 578.03M | 893.31M | 1.25B | 2.17B | 2.62B | 2.38B | 2.49B | 2.55B | 2.52B | 2.66B |
| Accounts Receivable | 2.32B | 3.03B | 2.61B | 2.44B | 2.63B | 2.02B | 2.05B | 2.15B | 2.51B | 2.09B | 2.34B | 2.54B | 3.3B | 2.93B | 3.23B | 4.37B | 4.54B | 4.7B | 3.67B | 2.95B |
| Days Sales Outstanding | 89.05 | 104.62 | 97.66 | 115.73 | 95.88 | 99.47 | 101.15 | 119.41 | 122.79 | 125.46 | 121.06 | 140.86 | 134.45 | 144.08 | 181.36 | 184.44 | 159.91 | 159.58 | 138.69 | 142.25 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.59B | 2.64B | 2.32B | 2.32B | 202.63M | 2.41B | 2.41B | 2.27B | 314.89M | 1.87B | 1.81B | 1.71B | 205.93M | 43.14M | 989.8M | 474.78M | 378.09M | 150.59M | 0 | 0 |
| Total Non-Current Assets | 15.72B | 16.03B | 14.44B | 12.58B | 10.75B | 10.65B | 10.16B | 9.71B | 8.97B | 7.54B | 7.69B | 7.84B | 8.27B | 8.51B | 8.68B | 8.66B | 8.67B | 8.13B | 2.36B | 2.47B |
| Property, Plant & Equipment | 10.2B | 10.44B | 8.37B | 6.64B | 5.18B | 4.64B | 4.03B | 3.29B | 3.21B | 1.51B | 1.86B | 1.98B | 2.37B | 2.57B | 2.7B | 2.71B | 2.62B | 2.32B | 2.1B | 2.22B |
| Fixed Asset Turnover | 0.27x | 0.26x | 0.31x | 0.33x | 0.45x | 0.44x | 0.52x | 0.55x | 0.73x | 0.97x | 0.96x | 0.86x | 0.86x | 0.75x | 0.71x | 0.82x | 1.08x | 1.09x | 1.00x | 0.81x |
| Goodwill | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.61B | 4.63B | 4.4B | 112.75M | 74.58M |
| Intangible Assets | 533.11M | 574.68M | 618.27M | 660.93M | 694.88M | 706.34M | 748.54M | 791.1M | 834.48M | 889.61M | 926.08M | 962.97M | 1.01B | 1.05B | 1.09B | 1.12B | 1.17B | 1.25B | 13.33M | 14.09M |
| Long-Term Investments | 234.32M | 230.31M | 231.59M | 232.79M | 234.18M | 252.58M | 247.18M | 254.55M | 259.93M | 277.66M | 277.98M | 268.34M | 273.58M | 241.09M | 271.15M | 211.74M | 207.17M | 88.76M | 88.7M | 132.54M |
| Other Non-Current Assets | 139.93M | 172.88M | 616.78M | 444.56M | 34.52M | 442.15M | 531.19M | 769.27M | 66.41M | 261.88M | 28.65M | 27.43M | 7.81M | 44.79M | 6.95M | 8.61M | 34.82M | 55.05M | 36.4M | 22.87M |
| Total Assets | 26.75B | 25.65B | 24.83B | 19.72B | 17.59B | 16.7B | 16.46B | 15.95B | 15.07B | 14.11B | 16.13B | 16.56B | 17.32B | 18.55B | 19B | 19.94B | 21.08B | 20.11B | 12.33B | 11.86B |
| Asset Turnover | 0.11x | 0.10x | 0.11x | 0.11x | 0.13x | 0.11x | 0.12x | 0.11x | 0.12x | 0.11x | 0.11x | 0.11x | 0.12x | 0.10x | 0.10x | 0.11x | 0.13x | 0.15x | 0.18x | 0.15x |
| Asset Growth % | 52.03% | 53.64% | 50.84% | 23.62% | 16.74% | 18.33% | 2.03% | -3.65% | -12.97% | -23.91% | -15.09% | -16.95% | -17.85% | -7.76% | 54.11% | 68.09% | 76.25% | 68.69% | 19.49% | 76.08% |
| Total Current Liabilities | 9.43B | 10.3B | 10.82B | 9.8B | 9.16B | 9.07B | 7.48B | 7.04B | 6.83B | 5.61B | 6.75B | 6.55B | 6.66B | 7.2B | 7.39B | 6.89B | 7.52B | 5.93B | 4.1B | 3.57B |
| Accounts Payable | 2.02B | 2.32B | 2.2B | 2.04B | 1.88B | 2.12B | 1.98B | 1.93B | 1.81B | 2.16B | 2.2B | 2.2B | 2.3B | 2.45B | 2.41B | 2.58B | 2.94B | 3.15B | 2.65B | 2.3B |
| Days Payables Outstanding | 86.8 | 98.98 | 95.87 | 106.73 | 101.83 | 119.24 | 112.98 | 114.54 | 124.18 | 140.43 | 122.81 | 121.18 | 111.12 | 121.17 | 123.3 | 118.62 | 106.45 | 114.8 | 109.68 | 115.61 |
| Short-Term Debt | 3.39B | 3.4B | 3.13B | 2.55B | 2.23B | 1.81B | 1.39B | 1.22B | 1.11B | 926.68M | 989.33M | 1.09B | 909.5M | 1.04B | 1.27B | 1.49B | 1.35B | 901.46M | 664.37M | 452.14M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 492.18M | 0 | 0 | 0 | 438.12M | 0 | 0 | 0 | 428.72M | 0 | 376.02M | 341.71M | 387.44M | 0 | 0 | 0 |
| Other Current Liabilities | 3.95B | 1.02B | 0 | 0 | 36.38M | 0 | 0 | 0 | 73.55M | 0 | 0 | 0 | 98.95M | 0 | 90.77M | 107.73M | 71.93M | 0 | 0 | 0 |
| Current Ratio | 1.17x | 0.93x | 0.96x | 0.73x | 0.75x | 0.67x | 0.84x | 0.89x | 0.89x | 1.17x | 1.25x | 1.33x | 1.36x | 1.39x | 1.40x | 1.64x | 1.65x | 2.02x | 2.43x | 2.63x |
| Quick Ratio | 1.17x | 0.93x | 0.96x | 0.73x | 0.75x | 0.67x | 0.84x | 0.89x | 0.89x | 1.17x | 1.25x | 1.33x | 1.36x | 1.39x | 1.40x | 1.64x | 1.65x | 2.02x | 2.43x | 2.63x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 8B | 8.28B | 6.95B | 4.58B | 2.93B | 2.05B | 2.28B | 1.91B | 995.78M | 1.01B | 1.1B | 1.06B | 1.07B | 1.03B | 891.44M | 2.03B | 2.07B | 2.11B | 423.6M | 237.56M |
| Long-Term Debt | 3.03B | 2.79B | 2.4B | 2B | 1.66B | 541.35M | 197.35M | 198.35M | 100M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 51.17M | 60.86M | 64.55M | 63.93M | 762.86M | 75.69M | 69.9M | 83.22M | 396.65M | 96.94M | 96.61M | 114.46M | 303.87M | 139.59M | 264.42M | 173.66M | 158.29M | 181.62M | 169.29M | 200.93M |
| Deferred Tax Liabilities | 61.95M | 70.54M | 81.28M | 89.72M | 101.68M | 105.91M | 108.5M | 121.57M | 142.56M | 150.06M | 147.08M | 155.52M | 167.05M | 185.86M | 192M | 198.95M | 205.89M | 251.08M | 0 | 0 |
| Other Non-Current Liabilities | 4.86B | 5.36B | 4.41B | 2.43B | 399.73M | 1.33B | 1.9B | 1.51B | 269.38M | 764.12M | 851.43M | 785.56M | 499.02M | 707.26M | 419.18M | 1.65B | 1.7B | 1.68B | 254.31M | 36.63M |
| Total Liabilities | 17.43B | 18.58B | 17.77B | 14.38B | 12.09B | 11.13B | 9.76B | 8.94B | 7.82B | 6.62B | 7.85B | 7.6B | 7.73B | 8.23B | 8.29B | 8.92B | 9.59B | 8.04B | 4.53B | 3.81B |
| Total Debt | 6.47B | 6.29B | 5.63B | 4.65B | 5.2B | 2.48B | 1.7B | 1.57B | 1.72B | 1.08B | 1.16B | 1.32B | 1.35B | 1.29B | 1.63B | 1.78B | 1.62B | 1.16B | 928.28M | 736.54M |
| Net Debt | 346.88M | 2.33B | 161.81M | 2.33B | 2.55B | 858.58M | -136.91M | -244.74M | -532.82M | -1.53B | -2.54B | -2.25B | -2.07B | -1.88B | -1.1B | -1.44B | -2.6B | -2.29B | -2.03B | -2.06B |
| Debt / Equity | 0.69x | 0.89x | 0.80x | 0.87x | 0.94x | 0.44x | 0.25x | 0.22x | 0.24x | 0.14x | 0.14x | 0.15x | 0.14x | 0.12x | 0.15x | 0.16x | 0.14x | 0.10x | 0.12x | 0.09x |
| Debt / EBITDA | 2.43x | 49.54x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 0.13x | 18.37x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -0.15x | 0.93x | -2.67x | -2.71x | -2.27x | -17.69x | -4.82x | -6.38x | -5.20x | -17.95x | -14.81x | -20.65x | -15.66x | -18.92x | -22.50x | -15.33x | -16.65x | -34.23x | -31.42x | -95.77x |
| Total Equity | 9.32B | 7.07B | 7.06B | 5.34B | 5.51B | 5.57B | 6.7B | 7.01B | 7.25B | 7.49B | 8.29B | 8.96B | 9.58B | 10.31B | 10.72B | 11.02B | 11.49B | 12.06B | 7.8B | 8.05B |
| Equity Growth % | 69.27% | 26.99% | 5.34% | -23.73% | -24.02% | -25.61% | -19.15% | -21.75% | -24.39% | -27.37% | -22.65% | -18.7% | -16.61% | -14.51% | 37.32% | 36.82% | 39.47% | 44.47% | 10.78% | 279.68% |
| Book Value per Share | 30.76 | 25.65 | 28.40 | 21.50 | 22.14 | 22.74 | 27.41 | 28.94 | 30.29 | 31.36 | 34.87 | 37.69 | 40.54 | 42.04 | 43.76 | 45.07 | 47.24 | 52.34 | 34.75 | 35.94 |
| Total Shareholders' Equity | 9.32B | 6.74B | 6.72B | 5.01B | 5.17B | 5.23B | 6.36B | 6.66B | 6.89B | 7.14B | 7.93B | 8.18B | 8.8B | 9.45B | 9.84B | 10.13B | 10.6B | 11.07B | 7.78B | 8.05B |
| Common Stock | 30.91M | 28.48M | 28.48M | 25.69M | 25.69M | 25.86M | 25.69M | 25.58M | 25.44M | 25.3M | 25.28M | 25.07M | 25.06M | 24.96M | 24.89M | 24.82M | 24.78M | 24.64M | 22.91M | 22.87M |
| Retained Earnings | -15.26B | -15.04B | -15.06B | -14.61B | -14.29B | -14.08B | -13.03B | -12.67B | -12.32B | -11.99B | -11.21B | -10.71B | -10.12B | -9.61B | -8.81B | -8.01B | -7.46B | -6.98B | -6.47B | -6.25B |
| Treasury Stock | -31.09M | -54.88M | -79.32M | -88.11M | -105.48M | -208.38M | -208.38M | -208.38M | -208.38M | -208.38M | -208.38M | -208.38M | -208.38M | -71.51M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 492.38M | 511.64M | 649.83M | 606.66M | 598.9M | 485.02M | 597.35M | 597.85M | 577.11M | 608.3M | 647.17M | 408.54M | 453.07M | 589.24M | 175.1M | -219.62M | -207.88M | -88.88M | -130.56M | 2.33M |
| Minority Interest | -3.99M | 332.45M | 335.69M | 335.08M | 337.28M | 340.95M | 344.85M | 345.42M | 355.75M | 352.33M | 355.79M | 780.64M | 782.48M | 863.7M | 872.09M | 881.89M | 888.47M | 993.84M | 27.33M | 1.64M |