Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : €43.73 Million

According to Sunrise New Energy's latest financial reports the company has €43.73 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	$€39.27 M	-21.92%
2021-12-31	$€50.3 M	81.2%
2020-12-31	$€27.76 M	55.54%
2019-12-31	$€17.85 M	91.55%
2018-12-31	$€9.31 M	260.46%
2017-12-31	$€2.58 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