Kingsoft Cloud (KC) - Net Assets

Net assets on the balance sheet as of September 2024 : C$1.13 Billion

According to Kingsoft Cloud's latest financial reports the company has C$1.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingsoft Cloud - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.88 B	-17.97%
2021-12-31	$C$2.29 B	42.69%
2020-12-31	$C$1.61 B	-305.28%
2019-12-31	$-C$0.79 Billion	22.16%
2018-12-31	$-C$0.65 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LiveRamp RAMP	C$1.33 B	17.28%	🇺🇸 USA

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Kingsoft Cloud (KC) - Net assets

Net assets on the balance sheet as of September 2024 : C$1.13 Billion