Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of June 2024 : $0.27 Billion USD

According to Espressif Systems (Shanghai)'s latest financial reports the company has $0.27 Billion USD 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	$$0.26 B	-7.42%
2021-12-31	$$0.28 B	13.7%
2020-12-31	$$0.25 B	9.19%
2019-12-31	$$0.23 B	409.19%
2018-12-31	$$45.25 M	40.35%
2017-12-31	$$32.24 M	84.73%
2016-12-31	$$17.45 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