Canaan (CAN) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.50 Billion

According to Canaan's latest financial reports the company has A$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Canaan - Net assets on balance sheet (from 2023 to 2022)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.51 B	294.72%
2022-12-31	$A$0.12 B	10.23%
2021-12-31	$A$0.11 B	789.72%
2020-12-31	$A$13.2 M	-34.79%
2019-12-31	$A$20.24 M	179.98%
2018-12-31	$A$7.23 M	-72.03%
2017-12-31	$A$25.85 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NVIDIA NVDA	A$126.53 B	25,018.90%	🇺🇸 USA

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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Canaan (CAN) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.50 Billion