Planet Image International (YIBO)

Net assets on the balance sheet as of December 2023 : NZ$56.6 Million

According to Planet Image International's latest financial reports the company has NZ$56.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Image International - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$39.47 M	64.87%
2021-12-31	$NZ$23.94 M	40.43%
2020-12-31	$NZ$17.04 M	57.88%
2019-12-31	$NZ$10.79 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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Planet Image International (YIBO) - Net assets