Luckin Coffee (LKNCY)

Net assets on the balance sheet as of September 2024 : NZ$2.60 Billion

According to Luckin Coffee's latest financial reports the company has NZ$2.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luckin Coffee - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.15 B	38.21%
2021-12-31	$NZ$0.83 B	44.09%
2020-12-31	$NZ$0.57 B	-47.03%
2019-12-31	$NZ$1.09 B	-361.59%
2018-12-31	$-NZ$0.42 Billion	3658.26%
2017-12-31	$-NZ$11.12 Million

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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Luckin Coffee (LKNCY) - Net assets