Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : HK$0.35 Billion

According to Sunrise New Energy's latest financial reports the company has HK$0.35 Billion 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	$HK$0.32 B	-25.9%
2021-12-31	$HK$0.44 B	67.81%
2020-12-31	$HK$0.26 B	69.99%
2019-12-31	$HK$0.15 B	86.55%
2018-12-31	$HK$83.48 M	244.47%
2017-12-31	$HK$24.23 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