ECARX Holdings (ECX)

Net assets on the balance sheet as of June 2024 : -NZ$0.34 Billion

According to ECARX Holdings's latest financial reports the company has -NZ$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ECARX Holdings - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.19 Billion	2272.32%
2022-12-31	$-NZ$7.87 Million	-99.16%
2021-12-31	$-NZ$0.94 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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ECARX Holdings (ECX) - Net assets