WeRide (WRD) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$3.94 Billion

According to WeRide's latest financial reports the company has -HK$3.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

WeRide - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$3.38 Billion	42.96%
2022-12-31	$-HK$2.36 Billion	99.52%
2021-12-31	$-HK$1.19 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Uber UBER	HK$128.71 B	-3,373.49%	🇺🇸 USA
Lyft LYFT	HK$5.10 B	-229.80%	🇺🇸 USA
DiDi DIDIY	HK$119.63 B	-3,142.57%	🇨🇳 China

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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WeRide (WRD) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$3.94 Billion