TuSimple (TSP) - Net assets

Net assets on the balance sheet as of September 2023 : HK$6.02 Billion

According to TuSimple's latest financial reports the company has HK$6.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TuSimple - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$7.45 B	-27.93%
2021-12-31	$HK$10.34 B	414.71%
2020-12-31	$HK$2.01 B	247.3%
2019-12-31	$HK$0.57 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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