Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : C$11.20 Billion

According to Kuaishou Technology's latest financial reports the company has C$11.20 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
2023-12-31	$C$9.20 B	17.48%
2022-12-31	$C$7.83 B	-13.1%
2021-12-31	$C$9.01 B	-128.83%
2020-12-31	$-C$31.29 Billion	200.3%
2019-12-31	$-C$10.42 Billion	47.33%
2018-12-31	$-C$7.08 Billion	64.95%
2017-12-31	$-C$4.29 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