Faraday Future (FFIE)

Net assets on the balance sheet as of September 2024 : HK$1.21 Billion

According to Faraday Future's latest financial reports the company has HK$1.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Faraday Future - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.57 B	-64.52%
2021-12-31	$HK$4.42 B	-198.56%
2020-12-31	$-HK$4.5 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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Faraday Future (FFIE) - Net assets