Luckin Coffee (LKNCY)

Net assets on the balance sheet as of September 2024 : £1.19 Billion

According to Luckin Coffee's latest financial reports the company has £1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luckin Coffee - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£0.60 B	43.34%
2021-12-31	$£0.42 B	37.73%
2020-12-31	$£0.30 B	-45.4%
2019-12-31	$£0.56 B	-354.24%
2018-12-31	$-£0.23 Billion	3679.32%
2017-12-31	$-£5.85 Million

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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Luckin Coffee (LKNCY) - Net assets