Kingsoft Cloud (KC) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$6.17 Billion

According to Kingsoft Cloud's latest financial reports the company has HK$6.17 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	$HK$10.85 B	-22.8%
2021-12-31	$HK$14.06 B	43.59%
2020-12-31	$HK$9.79 B	-309.3%
2019-12-31	$-HK$4.68 Billion	26.71%
2018-12-31	$-HK$3.7 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LiveRamp RAMP	HK$7.24 B	17.28%	🇺🇸 USA

What is the market capitalization of a company?

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 : HK$6.17 Billion