Planet Image International (YIBO)

Net assets on the balance sheet as of December 2023 : A$51.7 Million

According to Planet Image International's latest financial reports the company has A$51.7 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	$A$36.83 M	63.27%
2021-12-31	$A$22.55 M	41%
2020-12-31	$A$15.99 M	54.01%
2019-12-31	$A$10.38 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