Nano Labs (NA) - Net Assets

Net assets on the balance sheet as of December 2023 : -£1.76 M

According to Nano Labs's latest financial reports the company has -£1.76 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nano Labs - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£19.7 M	-789.05%
2021-12-31	$-£2.86 M	-47.52%
2020-12-31	$-£5.45 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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Nano Labs (NA) - Net assets