Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : $7.76 Billion USD

According to Kuaishou Technology's latest financial reports the company has $7.76 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kuaishou Technology - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$5.77 B	-18.38%
2021-12-31	$$7.07 B	-128.84%
2020-12-31	$-$24.54 Billion	207.6%
2019-12-31	$-$7.98 Billion	53.66%
2018-12-31	$-$5.2 Billion	52.24%
2017-12-31	$-$3.42 Billion

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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Kuaishou Technology (1024.HK) - Net assets