Lucid Motors (LCID) - Net Assets

Net assets on the balance sheet as of December 2024 : HK$30.10 Billion

According to Lucid Motors's latest financial reports the company has HK$30.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lucid Motors - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$30.06 B	-20.65%
2023-12-31	$HK$37.89 B	11.5%
2022-12-31	$HK$33.98 B	11.49%
2021-12-31	$HK$30.48 B	-398.17%
2020-12-31	$-HK$10.23 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	HK$572.78 B	1,802.49%	🇺🇸 USA
NIO NIO	HK$17.82 B	-40.81%	🇨🇳 China
Rivian RIVN	HK$51.01 B	69.44%	🇺🇸 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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Lucid Motors (LCID) - Net assets

Net assets on the balance sheet as of December 2024 : HK$30.10 Billion