Kaixin Auto (KXIN) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$0.38 B

According to Kaixin Auto's latest financial reports the company has HK$0.38 B 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	$HK$0.27 B	-6.57%
2021-12-31	$HK$0.29 B	521.35%
2020-12-31	$HK$47.78 M	142.4%
2019-12-31	$HK$19.71 M	-98.8%
2018-12-31	$HK$1.63 B	1.32%
2017-12-31	$HK$1.61 B	-2194894.24%
2016-12-31	$-HK$0.08 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	HK$0.38 B	0.00%	🇨🇳 China
CarLotz LOTZ	HK$1.04 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 : HK$0.38 B