WeRide (WRD) - Net Assets

Net assets on the balance sheet as of June 2024 : -£0.4 Billion

According to WeRide's latest financial reports the company has -£0.4 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

WeRide - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-£0.34 Billion	35.81%
2022-12-31	$-£0.25 Billion	122.16%
2021-12-31	$-£0.12 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Uber UBER	£13.03 B	-3,373.49%	🇺🇸 USA
Lyft LYFT	£0.51 B	-229.80%	🇺🇸 USA
DiDi DIDIY	£12.11 B	-3,142.57%	🇨🇳 China

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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WeRide (WRD) - Net assets

Net assets on the balance sheet as of June 2024 : -£0.4 Billion