Quanergy Systems (QNGY) - Net assets

Net assets on the balance sheet as of September 2022 : A$17.58 Million

According to Quanergy Systems's latest financial reports the company has A$17.58 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quanergy Systems - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$-A$90.15 Million	-63.29%
2020-12-31	$-A$0.25 Billion	3.77%
2019-12-31	$-A$0.24 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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