Kaixin Auto (KXIN) - Net Assets

Net assets on the balance sheet as of December 2023 : C$70.38 Million

According to Kaixin Auto's latest financial reports the company has C$70.38 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kaixin Auto - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$48.17 M	-0.73%
2021-12-31	$C$48.52 M	517.56%
2020-12-31	$C$7.85 M	137.72%
2019-12-31	$C$3.3 M	-98.84%
2018-12-31	$C$0.28 B	9.53%
2017-12-31	$C$0.26 B	-2038109.55%
2016-12-31	$-C$0.02 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	C$70.38 M	0.00%	🇨🇳 China
CarLotz LOTZ	C$0.19 B	172.90%	🇺🇸 USA

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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Kaixin Auto (KXIN) - Net assets

Net assets on the balance sheet as of December 2023 : C$70.38 Million