Microvast (MVST) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$3.72 Billion

According to Microvast's latest financial reports the company has HK$3.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$4.78 B	-10.56%
2021-12-31	$HK$5.35 B	-335.11%
2020-12-31	$-HK$2.28 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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Microvast (MVST) - Net assets