Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : HK$89.19 Million

According to Arcimoto's latest financial reports the company has HK$89.19 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.24 B	-41.31%
2021-12-31	$HK$0.41 B	12.96%
2020-12-31	$HK$0.36 B	523.7%
2019-12-31	$HK$59.26 M	-6.18%
2018-12-31	$HK$63.17 M	-48.77%
2017-12-31	$HK$0.12 B	-2639.89%
2016-12-31	$-HK$4.86 Million	-180.6%
2015-12-31	$HK$6.02 M	-305.05%
2014-12-31	$-HK$2.94 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	HK$1.96 B	2,104.60%	🇺🇸 USA
Nikola NKLA	HK$2.95 B	3,209.10%	🇺🇸 USA
NIO NIO	HK$22.19 B	24,778.32%	🇨🇳 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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : HK$89.19 Million