Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : £36.18 Million

According to Sunrise New Energy's latest financial reports the company has £36.18 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	$£34.82 M	-17.49%
2021-12-31	$£42.2 M	68.47%
2020-12-31	$£25.05 M	64.29%
2019-12-31	$£15.24 M	81.57%
2018-12-31	$£8.39 M	265.93%
2017-12-31	$£2.29 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