Leapmotor (9863.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : A$2.71 Billion

According to Leapmotor's latest financial reports the company has A$2.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Leapmotor - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.75 B	12.43%
2021-12-31	$A$1.56 B	-1493.68%
2020-12-31	$-A$0.12 Billion	-55.31%
2019-12-31	$-A$0.26 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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Leapmotor (9863.HK) - Net assets