Shengfeng Development (SFWL)

Net assets on the balance sheet as of December 2023 : £88.69 Million

According to Shengfeng Development's latest financial reports the company has £88.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shengfeng Development - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£78.59 M	10.63%
2021-12-31	$£71.04 M	14.77%
2020-12-31	$£61.9 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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Shengfeng Development (SFWL) - Net assets