WeRide (WRD) - Net Assets

Net assets on the balance sheet as of September 2024 : -NZ$1.1 Billion

According to WeRide's latest financial reports the company has -NZ$1.1 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	$-NZ$0.69 Billion	43.58%
2022-12-31	$-NZ$0.48 Billion	114.21%
2021-12-31	$-NZ$0.23 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Uber UBER	NZ$39.42 B	-3,695.35%	🇺🇸 USA
Lyft LYFT	NZ$1.34 B	-222.69%	🇺🇸 USA
DiDi DIDIY	NZ$24.70 B	-2,353.67%	🇨🇳 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 September 2024 : -NZ$1.1 Billion