Luckin Coffee (LKNCY)

Net assets on the balance sheet as of September 2024 : S$2.03 Billion

According to Luckin Coffee's latest financial reports the company has S$2.03 Billion 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
2022-12-31	$S$0.98 B	27.4%
2021-12-31	$S$0.77 B	39.38%
2020-12-31	$S$0.55 B	-44.31%
2019-12-31	$S$0.99 B	-359.19%
2018-12-31	$-S$0.39 Billion	3525.64%
2017-12-31	$-S$10.57 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