Kingsoft Cloud Holdings

HK$4.39As of Sun 8 Nov 2026, 12:00 UTC

HKEX:3896Technology

Country Hong Kong

PE (Fwd) —

TSR 4Y CAGR 21.12%

Div yield —

ROE —

Software (Application)

Beta (5Y) 2.11

PE TTM —

TSR TTM (32.49%)

Mkt cap HK$18.85B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

$4.80

9.26%

104.31%

Price below Reference Value

FY22

FY23

FY24

FY25

Earnings per share¥

(0.73)

(0.61)

(0.54)

(0.23)

(58.91%)

16.62%

12.10%

57.60%

Revenue¥B

8.180

7.047

7.785

9.559

(9.72%)

(13.85%)

10.47%

22.78%

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

9.559

Revenue¥B

—

9.061

8.180

7.047

7.785

9.559

9.759

1.35%

22.78

Revenue growth%

—

(9.72)

(13.85)

10.47

22.78

2.10

0.37

—

15.73

Gross margin%

—

3.88

5.25

12.06

17.22

15.73

15.77

12.06

(8.09)

Operating margin%

—

(20.00)

(27.52)

(20.64)

(10.52)

(8.09)

(8.32)

(20.00)

(9.79)

Net margin%

—

(17.53)

(32.50)

(30.88)

(25.26)

(9.79)

(10.26)

(25.26)

—

P/E ratio (avg)x

—

EV/EBITx

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

(0.23)

EPS¥

—

(0.46)

(0.73)

(0.61)

(0.54)

(0.23)

(0.24)

—

57.60

EPS growth%

—

(58.91)

16.62

12.10

57.60

(6.97)

14.36

—

Bookvalue per sh¥

—

FCF per share¥

—

Dividend per sh¥

—

Div yield (avg)%

—

Payout ratio%

—

4.107

Shares (diluted)B

—

3.442

3.624

3.558

3.658

4.107

◌4.107

4.52%

(12.27)

Buyback yield%

—

(5.29)

1.81

(2.80)

(12.27)

◌—

(4.05)

—

D/E ratiox

—

15.36

Enterprise value¥B

—

6.718

10.11

12.68

27.91

15.36

60.76%

—

LT debt¥M

—

100

Peers (US$2.557B)

Cap (US$)

Kingdee International…

4.166B

115.6x

Momenta Global Limited

4.017B

—

Newborn Town Inc.

1.632B

18.31x

Fastly, Inc.

2.555B

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(1.552)

(9.963)

Own earn%

—

Sh yield%

(12.27)

(4.05)

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

4.06

Record

10Y

Profitable years

0/5

Revenue growth years

2/4

EPS growth years

3/4

Dividend streakyrs

Op margin range%

−28–−8

$1 testx

—

Incr. ROIC%

—

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company’s product portfolio includes cloud products, such as infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, software as a service (SaaS) applications, and AI solution.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

¥9.559B

1.35%

1.00×

Cost of revenue

¥8.055B

(1.93%)

0.88×

Operating expenses

¥2.276B

1.28%

1.00×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available