Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : C$65.1 Million

According to Sunrise New Energy's latest financial reports the company has C$65.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sunrise New Energy - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$57.17 M	-21.26%
2021-12-31	$C$72.61 M	66.75%
2020-12-31	$C$43.54 M	66.73%
2019-12-31	$C$26.11 M	79.84%
2018-12-31	$C$14.52 M	272.37%
2017-12-31	$C$3.89 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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Sunrise New Energy (EPOW) - Net assets