NWTN Inc. (NWTN) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$1.71 Billion

According to NWTN Inc.'s latest financial reports the company has HK$1.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NWTN Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.17 B	-602.44%
2021-12-31	$-HK$0.44 Billion	-73.17%
2020-12-31	$-HK$1.62 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	HK$550.31 B	32,027.18%	🇺🇸 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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NWTN Inc. (NWTN) - Net assets

Net assets on the balance sheet as of June 2023 : HK$1.71 Billion