Kingsoft Cloud Holdings (HKSE:03896) Construction In Progress : HK$0 Mil (As of Mar. 2024)

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What is Kingsoft Cloud Holdings Construction In Progress?

Kingsoft Cloud Holdings's quarterly construction in progress increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$1,308 Mil) but then declined from Dec. 2023 (HK$1,308 Mil) to Mar. 2024 (HK$0 Mil).

Kingsoft Cloud Holdings's annual construction in progress declined from Dec. 2021 (HK$212 Mil) to Dec. 2022 (HK$25 Mil) but then increased from Dec. 2022 (HK$25 Mil) to Dec. 2023 (HK$1,308 Mil).

Kingsoft Cloud Holdings Construction In Progress Historical Data

The historical data trend for Kingsoft Cloud Holdings's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kingsoft Cloud Holdings Construction In Progress Chart

Kingsoft Cloud Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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38.75

17.11

212.08

25.32

1,307.94

Kingsoft Cloud Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	1,307.94	-

Kingsoft Cloud Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Kingsoft Cloud Holdings (HKSE:03896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kingsoft Cloud Holdings Ltd (HKSE:03896) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KC:USA KS7:Germany K2CG34:Brazil

Address

No. 33 Xierqi Middle Road, Building D, Xiaomi Science and Technology Park, Haidian District, Beijing, CHN, 100085

Website

https://www.ksyun.com

Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.

Executives

The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Lei Jun	2201 Interest of corporation controlled by you
Xiaomi Corporation	2201 Interest of corporation controlled by you
Kingsoft Corporation Limited	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Canada Pension Plan Investment Board	2101 Beneficial owner
J.p. Morgan Securities Plc	2201 Interest of corporation controlled by you

Kingsoft Cloud Holdings (HKSE:03896) Headlines

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