REE Automotive (REE)

Net assets on the balance sheet as of June 2024 : HK$0.48 Billion

According to REE Automotive's latest financial reports the company has HK$0.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.37 B	-29.81%
2021-12-31	$HK$1.95 B	450.16%
2020-12-31	$HK$0.35 B

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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REE Automotive (REE) - Net assets