Shengfeng Development (SFWL)

Net assets on the balance sheet as of December 2023 : ₹9.47 Billion

According to Shengfeng Development's latest financial reports the company has ₹9.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shengfeng Development - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹7.86 B	10.24%
2021-12-31	$₹7.13 B	15.67%
2020-12-31	$₹6.17 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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Shengfeng Development (SFWL) - Net assets