ECARX Holdings (ECX)

Net assets on the balance sheet as of June 2024 : -C$0.28 Billion

According to ECARX Holdings's latest financial reports the company has -C$0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ECARX Holdings - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.16 Billion	2209.7%
2022-12-31	$-C$6.78 Million	-99.17%
2021-12-31	$-C$0.82 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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ECARX Holdings (ECX) - Net assets