U Power (UCAR) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$0.37 Billion

According to U Power's latest financial reports the company has HK$0.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

U Power - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.23 B	-26.34%
2021-12-31	$HK$0.31 B	-8.54%
2020-12-31	$HK$0.34 B

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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U Power (UCAR) - Net assets