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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 2,255,287 $ 317,651 ¥ 3,419,166
Restricted cash 234,194 32,986 114,560
Accounts receivable, net of allowance for credit losses of RMB47,962 and RMB24,743 (US$3,485) as of December 31, 2022 and 2023, respectively 1,529,915 215,484 2,402,430
Short-term investments     1,253,670
Prepayments and other assets 1,812,692 255,312 1,612,022
Amounts due from related parties ¥ 266,036 $ 37,470 ¥ 246,505
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration] Related parties Related parties Related parties
Total current assets ¥ 6,098,124 $ 858,903 ¥ 9,048,353
Non-current assets:      
Property and equipment, net 2,186,145 307,912 2,132,994
Intangible assets, net 834,478 117,534 1,008,020
Goodwill 4,605,724 648,703 4,605,724
Prepayments and other assets 870,781 122,647 21,263
Equity investments 259,930 36,610 273,580
Amounts due from related parties ¥ 56,264 $ 7,925 ¥ 5,758
Other Receivable, after Allowance for Credit Loss, Noncurrent, Related Party, Type [Extensible Enumeration] Related parties Related parties Related parties
Operating lease right-of-use assets ¥ 158,832 $ 22,371 ¥ 220,539
Total non-current assets 8,972,154 1,263,702 8,267,878
Total assets 15,070,278 2,122,605 17,316,231
Current liabilities:      
Accounts payable (including accounts payable of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB2,113,674 and RMB1,646,804 (US$231,947) as of December 31, 2022 and 2023, respectively) 1,805,083 254,241 2,301,958
Accrued expenses and other liabilities (including accrued expenses and other liabilities of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB644,858 and RMB1,003,831 (US$141,387) as of December 31, 2022 and 2023, respectively) 2,838,085 399,736 2,830,826
Short-term bank loans (including short-term bank loans of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB885,500 and RMB1,110,896 (US$156,466) as of December 31, 2022 and 2023, respectively) 1,110,896 156,466 909,500
Income tax payable (including income tax payable of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB nil and RMB nil (US$ nil) as of December 31, 2022 and 2023, respectively) 63,961 9,009 51,892
Amounts due to related parties (including amounts due to related parties of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB388,308 and RMB902,154 (US$127,066) as of December 31, 2022 and 2023, respectively) ¥ 931,906 $ 131,256 ¥ 427,727
Other Liability, Current, Related Party, Type [Extensible Enumeration] Related parties Related parties Related parties
Current operating lease liabilities (including current operating lease liabilities of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB87,142 and RMB63,830 (US$8,990) as of December 31, 2022 and 2023, respectively) ¥ 78,659 $ 11,079 ¥ 136,723
Total current liabilities 6,828,590 961,787 6,658,626
Non-current liabilities:      
Long-term bank loan (including long-term bank loan of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB nil and RMB 100,000 (US$14,085) as of December 31, 2022 and 2023, respectively) 100,000 14,085  
Deferred tax liabilities (including deferred tax liabilities of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB nil and RMB nil (US$ nil) as of December 31, 2022 and 2023, respectively) 142,565 20,080 167,052
Non-current operating lease liabilities (including non-current operating lease liabilities of the consolidated VIEs and their subsidiaries without recourse to the primary beneficiary of RMB90,138 and RMB64,466 (US$9,080) as of December 31, 2022 and 2023, respectively) 78,347 11,035 123,059
Total non-current liabilities 995,784 140,254 1,074,106
Total liabilities 7,824,374 1,102,041 7,732,732
Commitments and contingencies
Shareholders' equity:      
Ordinary shares (par value of US$0.001 per share; 40,000,000,000 and 40,000,000,000 shares authorized, 3,805,284,801 and 3,805,284,801 shares issued, 3,508,413,941 and 3,562,097,466 shares outstanding as of December 31, 2022 and 2023, respectively) 25,443 3,584 25,062
Treasury shares (208,385) (29,350) (208,385)
Additional paid-in capital 18,811,028 2,649,478 18,648,205
Statutory reserves funds 21,765 3,066 14,700
Accumulated deficit (12,315,041) (1,734,539) (10,131,636)
Accumulated other comprehensive income 555,342 78,218 453,074
Total Kingsoft Cloud Holdings Limited shareholders' equity 6,890,152 970,457 8,801,020
Non-controlling interests 355,752 50,107 782,479
Total equity 7,245,904 1,020,564 9,583,499
Total liabilities, non-controlling interests and shareholders' equity 15,070,278 2,122,605 17,316,231
Related parties      
Non-current liabilities:      
Other liabilities 40,069 5,644 413,464
Non-related parties      
Non-current liabilities:      
Other liabilities ¥ 634,803 $ 89,410 ¥ 370,531