U Power (UCAR) - Net Assets

Net assets on the balance sheet as of December 2023 : C$69.8 Million

According to U Power's latest financial reports the company has C$69.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

U Power - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$64.66 M	60.31%
2022-12-31	$C$40.33 M	-21.73%
2021-12-31	$C$51.53 M	-9.12%
2020-12-31	$C$56.7 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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U Power (UCAR) - Net assets