Kaixin Auto (KXIN) - Net Assets

Net assets on the balance sheet as of December 2023 : $49.01 Million USD

According to Kaixin Auto's latest financial reports the company has $49.01 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kaixin Auto - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$35.5 M	-6.76%
2021-12-31	$$38.07 M	517.86%
2020-12-31	$$6.16 M	143.5%
2019-12-31	$$2.53 M	-98.79%
2018-12-31	$$0.20 B	1.09%
2017-12-31	$$0.20 B	-2178488.66%
2016-12-31	$-$0.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	$49.01 M	0.00%	🇨🇳 China
CarLotz LOTZ	$0.13 B	172.90%	🇺🇸 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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Kaixin Auto (KXIN) - Net assets

Net assets on the balance sheet as of December 2023 : $49.01 Million USD