Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of June 2024 : A$0.40 B

According to Espressif Systems (Shanghai)'s latest financial reports the company has A$0.40 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Espressif Systems (Shanghai) - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.38 B	-1.08%
2021-12-31	$A$0.39 B	20.49%
2020-12-31	$A$0.32 B	-0.39%
2019-12-31	$A$0.32 B	410.47%
2018-12-31	$A$64.21 M	55.49%
2017-12-31	$A$41.3 M	70.56%
2016-12-31	$A$24.21 M

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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Espressif Systems (Shanghai) (688018.SS) - Net assets