Luckin Coffee (LKNCY)

Net assets on the balance sheet as of September 2024 : $1.49 Billion USD

According to Luckin Coffee's latest financial reports the company has $1.49 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luckin Coffee - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.15 B	57.23%
2022-12-31	$$0.73 B	28.47%
2021-12-31	$$0.56 B	36.4%
2020-12-31	$$0.41 B	-43.25%
2019-12-31	$$0.73 B	-362.64%
2018-12-31	$-$0.29 Billion	3449.6%
2017-12-31	$-$7.9 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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Luckin Coffee (LKNCY) - Net assets