U Power (UCAR) - Net Assets

Net assets on the balance sheet as of December 2023 : A$76.38 Million

According to U Power's latest financial reports the company has A$76.38 Million 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	$A$71.55 M	63.82%
2022-12-31	$A$43.68 M	-21.69%
2021-12-31	$A$55.77 M	-3.56%
2020-12-31	$A$57.84 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