Missfresh (MF) - Net Assets

Net assets on the balance sheet as of December 2022 : -HK$1.73 Billion

According to Missfresh's latest financial reports the company has -HK$1.73 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Missfresh - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$-HK$0.2 Billion	-98.2%
2020-12-31	$-HK$10.93 Billion	34.58%
2019-12-31	$-HK$8.13 Billion	128.08%
2018-12-31	$-HK$3.57 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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Missfresh (MF) - Net assets