QuantumScape (QS) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$8.62 Billion

According to QuantumScape's latest financial reports the company has HK$8.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$10.46 B	1.52%
2022-12-31	$HK$10.30 B	-17.8%
2021-12-31	$HK$12.54 B	357.74%
2020-12-31	$HK$2.74 B	133.94%
2019-12-31	$HK$1.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
QuantumScape QS	HK$8.62 B	0.00%	🇺🇸 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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QuantumScape (QS) - Net assets

Net assets on the balance sheet as of September 2024 : HK$8.62 Billion