Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : A$12.48 Billion

According to Kuaishou Technology's latest financial reports the company has A$12.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kuaishou Technology - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$8.48 B	-13.05%
2021-12-31	$A$9.76 B	-130.59%
2020-12-31	$-A$31.92 Billion	180.08%
2019-12-31	$-A$11.4 Billion	54.61%
2018-12-31	$-A$7.37 Billion	68.72%
2017-12-31	$-A$4.37 Billion

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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Kuaishou Technology (1024.HK) - Net assets