Mayville Engineering Company (MEC)

Net assets on the balance sheet as of September 2024 : HK$1.85 Billion

According to Mayville Engineering Company's latest financial reports the company has HK$1.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mayville Engineering Company - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.79 B	5.52%
2022-12-31	$HK$1.70 B	10.1%
2021-12-31	$HK$1.54 B	-0.71%
2020-12-31	$HK$1.55 B	-0.48%
2019-12-31	$HK$1.56 B	94%
2018-12-31	$HK$0.80 B	11.13%
2017-12-31	$HK$0.72 B

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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Mayville Engineering Company (MEC) - Net assets