Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : £6.11 Billion

According to Kuaishou Technology's latest financial reports the company has £6.11 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	$£4.77 B	-8.93%
2021-12-31	$£5.24 B	-129.12%
2020-12-31	$-£18.01 Billion	195.92%
2019-12-31	$-£6.09 Billion	48.74%
2018-12-31	$-£4.1 Billion	62.1%
2017-12-31	$-£2.53 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