Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of September 2024 : £0.23 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has £0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Espressif Systems (Shanghai) - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£0.21 B	3.29%
2021-12-31	$£0.21 B	14.81%
2020-12-31	$£0.18 B	5.04%
2019-12-31	$£0.17 B	392.9%
2018-12-31	$£35.65 M	49.44%
2017-12-31	$£23.85 M	68.65%
2016-12-31	$£14.14 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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Espressif Systems (Shanghai) (688018.SS) - Net assets