Kaixin Auto (KXIN) - Net Assets

Net assets on the balance sheet as of December 2023 : ₹4.19 Billion

According to Kaixin Auto's latest financial reports the company has ₹4.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kaixin Auto - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹2.93 B	3.66%
2021-12-31	$₹2.83 B	528.82%
2020-12-31	$₹0.45 B	149.73%
2019-12-31	$₹0.18 B	-98.77%
2018-12-31	$₹14.63 B	10.7%
2017-12-31	$₹13.21 B	-2046929.04%
2016-12-31	$-₹0.65 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	₹4.19 B	0.00%	🇨🇳 China
CarLotz LOTZ	₹11.43 B	172.90%	🇺🇸 USA

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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Kaixin Auto (KXIN) - Net assets

Net assets on the balance sheet as of December 2023 : ₹4.19 Billion