Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : HK$60.43 Billion

According to Kuaishou Technology's latest financial reports the company has HK$60.43 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	$HK$54.22 B	20.14%
2022-12-31	$HK$45.13 B	-18.22%
2021-12-31	$HK$55.18 B	-129.01%
2020-12-31	$-HK$190.24 Billion	206.18%
2019-12-31	$-HK$62.14 Billion	52.82%
2018-12-31	$-HK$40.66 Billion	52.59%
2017-12-31	$-HK$26.65 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