Xiao-I (AIXI) - Net Assets

Net assets on the balance sheet as of December 2023 : -HK$65.68 Million

According to Xiao-I's latest financial reports the company has -HK$65.68 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xiao-I - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$66.13 Million	-5.8%
2022-12-31	$-HK$70.2 Million	166.13%
2021-12-31	$-HK$26.38 Million	-48.68%
2020-12-31	$-HK$51.4 Million

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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Xiao-I (AIXI) - Net assets