Kuaishou Technology (1024.HK)

Net assets on the balance sheet as of June 2024 : NZ$13.27 Billion

According to Kuaishou Technology's latest financial reports the company has NZ$13.27 Billion 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	$NZ$9.09 B	-12.19%
2021-12-31	$NZ$10.36 B	-130.47%
2020-12-31	$-NZ$34.01 Billion	187.11%
2019-12-31	$-NZ$11.85 Billion	53.04%
2018-12-31	$-NZ$7.74 Billion	61.19%
2017-12-31	$-NZ$4.81 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