ECARX Holdings (ECX)

Net assets on the balance sheet as of September 2024 : -HK$1.89 Billion

According to ECARX Holdings's latest financial reports the company has -HK$1.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ECARX Holdings - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$0.93 Billion	2262.02%
2022-12-31	$-HK$39.04 Million	-99.22%
2021-12-31	$-HK$5 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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ECARX Holdings (ECX) - Net assets