Planet Image International (YIBO)

Net assets on the balance sheet as of December 2023 : A$49.66 M

According to Planet Image International's latest financial reports the company has A$49.66 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Image International - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$36.83 M	63.75%
2021-12-31	$A$22.49 M	40.88%
2020-12-31	$A$15.96 M	54.31%
2019-12-31	$A$10.34 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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Planet Image International (YIBO) - Net assets