Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$89.83 Million

According to Polar Power 's latest financial reports the company has HK$89.83 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polar Power - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.14 B	-21.64%
2021-12-31	$HK$0.18 B	103.52%
2020-12-31	$HK$89.08 M	-37.76%
2019-12-31	$HK$0.14 B	-18.35%
2018-12-31	$HK$0.17 B	-2.05%
2017-12-31	$HK$0.17 B	-2.44%
2016-12-31	$HK$0.18 B	949.7%
2015-12-31	$HK$17.47 M	86.82%
2014-12-31	$HK$9.35 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	HK$2.00 B	2,129.29%	🇺🇸 USA
Polar Power POLA	HK$89.83 M	0.00%	🇺🇸 USA

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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Polar Power (POLA) - Net assets

Net assets on the balance sheet as of September 2024 : HK$89.83 Million