Kaixin Auto (KXIN) - Net Assets

Net assets on the balance sheet as of December 2023 : £38.99 Million

According to Kaixin Auto's latest financial reports the company has £38.99 Million 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	$£29.34 M	4.03%
2021-12-31	$£28.21 M	523.92%
2020-12-31	$£4.52 M	134.25%
2019-12-31	$£1.93 M	-98.83%
2018-12-31	$£0.16 B	7.63%
2017-12-31	$£0.15 B	-1988936.17%
2016-12-31	$-£0.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	£38.99 M	0.00%	🇨🇳 China
CarLotz LOTZ	£0.10 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 : £38.99 Million