Movella (MVLA) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$0.56 Billion

According to Movella's latest financial reports the company has HK$0.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Movella - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.48 B	3.73%
2021-12-31	$HK$2.39 B	-497.35%
2020-12-31	$-HK$0.61 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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Movella (MVLA) - Net assets