U Power (UCAR) - Net Assets

Net assets on the balance sheet as of December 2023 : $48.75 Million USD

According to U Power's latest financial reports the company has $48.75 Million USD 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
2023-12-31	$$48.75 M	64.01%
2022-12-31	$$29.72 M	-26.49%
2021-12-31	$$40.43 M	-9.07%
2020-12-31	$$44.47 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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U Power (UCAR) - Net assets