Sohu.com Ltd. 2024 20-F Filing Details
Ticker: SOHU · Form: 20-F · Filed: Mar 13, 2025 · CIK: 1734107
| Field | Detail |
|---|---|
| Company | Sohu.Com Ltd (SOHU) |
| Form Type | 20-F |
| Filed Date | Mar 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, annual-report, depreciation, fixed-assets
TL;DR
Sohu.com's 2024 20-F shows $17.9M/$9.6M depreciation for Sohu/Changyou, with $0.6M/$0.7M fixed asset additions.
AI Summary
Sohu.com Ltd. filed its 20-F for the fiscal year ending December 31, 2024. The company reported total depreciation and amortization expenses of $17.9 million for Sohu and $9.6 million for Changyou. Additions to fixed assets for Sohu and Changyou were $0.6 million and $0.7 million, respectively, in 2024.
Why It Matters
This filing provides a snapshot of Sohu.com's financial health and operational expenditures for the past fiscal year, offering insights into its asset management and depreciation policies.
Risk Assessment
Risk Level: medium — The filing contains financial data that requires careful analysis to assess the company's overall financial health and future prospects.
Key Numbers
- $17.9M — Sohu Depreciation & Amortization (2024) (Indicates the cost allocation of Sohu's tangible assets over their useful life.)
- $9.6M — Changyou Depreciation & Amortization (2024) (Reflects the depreciation of Changyou's assets.)
- $0.6M — Sohu Fixed Asset Additions (2024) (Shows investment in new or upgraded physical assets for Sohu.)
- $0.7M — Changyou Fixed Asset Additions (2024) (Represents Changyou's capital expenditures on fixed assets.)
Key Players & Entities
- Sohu.com Ltd. (company) — Filer of the 20-F report
- Changyou (company) — Subsidiary of Sohu.com Ltd.
- December 31, 2024 (date) — Fiscal year end for the reported period
- $17.9 million (dollar_amount) — Sohu's depreciation and amortization expenses for 2024
- $9.6 million (dollar_amount) — Changyou's depreciation and amortization expenses for 2024
- $0.6 million (dollar_amount) — Sohu's additions to fixed assets for 2024
- $0.7 million (dollar_amount) — Changyou's additions to fixed assets for 2024
FAQ
What were the total depreciation and amortization expenses for Sohu and Changyou in 2023?
For the year ended December 31, 2023, total depreciation and amortization expenses were $18.8 million for Sohu and $11.4 million for Changyou.
What is the significance of the 'elimination for segment assets' mentioned in the filing?
The elimination for segment assets mainly consists of the removal of long-term investments in subsidiaries and consolidated VIEs, and the elimination of intra-Group loans between Sohu and Changyou.
What does 'SBC' stand for in the context of this filing?
'SBC' stands for share-based compensation expense.
What were the total depreciation and amortization expenses for Sohu and Changyou in 2022?
For the year ended December 31, 2022, total depreciation and amortization expenses were $19.8 million for Sohu and $11.5 million for Changyou.
What is the business address of Sohu.com Ltd.?
The business address is Level 18, Sohu.com Media Plaza, Block 3, No. 2 Kexueyuan S. Rd., Haidian District, Beijing, 100190.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 13, 2025 regarding Sohu.com Ltd (SOHU).