Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of September 2024 : S$0.39 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has S$0.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Espressif Systems (Shanghai) - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.35 B	-8.2%
2021-12-31	$S$0.38 B	16.19%
2020-12-31	$S$0.33 B	7.15%
2019-12-31	$S$0.31 B	402.49%
2018-12-31	$S$61.82 M	43.36%
2017-12-31	$S$43.12 M	70.71%
2016-12-31	$S$25.26 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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Espressif Systems (Shanghai) (688018.SS) - Net assets