SiTime (SITM) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$5.38 Billion

According to SiTime's latest financial reports the company has HK$5.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SiTime - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.52 B	-0.1%
2022-12-31	$HK$5.53 B	12.24%
2021-12-31	$HK$4.93 B	478.99%
2020-12-31	$HK$0.85 B	76.01%
2019-12-31	$HK$0.48 B	461.06%
2018-12-31	$HK$86.25 M	-37.54%
2017-12-31	$HK$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	HK$10.98 B	104.10%	🇺🇸 USA
Power Integrations POWI	HK$5.68 B	5.52%	🇺🇸 USA
PDF Solutions PDFS	HK$1.80 B	-66.48%	🇺🇸 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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SiTime (SITM) - Net assets

Net assets on the balance sheet as of June 2024 : HK$5.38 Billion