Quanergy Systems (QNGY) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$19.36 Million

According to Quanergy Systems's latest financial reports the company has NZ$19.36 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quanergy Systems - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$-NZ$95.68 Million	-63.43%
2020-12-31	$-NZ$0.27 Billion	6.37%
2019-12-31	$-NZ$0.25 Billion

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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