Mullen Automotive (MULN) - Net assets

Net assets on the balance sheet as of June 2025 : -HK$0.84 Billion

According to Mullen Automotive's latest financial reports the company has -HK$0.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mullen Automotive - Net assets on balance sheet (from 2021 to 2025)

Net assets by year

Year	Net assets	Change
2024-09-30	$-HK$0.13 Billion	-106.02%
2023-09-30	$HK$2.13 B	73.39%
2022-09-30	$HK$1.23 B	-356.43%
2021-09-30	$-HK$0.49 Billion	45.87%
2020-09-30	$-HK$0.33 Billion	24.05%
2019-09-30	$-HK$0.27 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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