Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of September 2024 : HK$2.29 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has HK$2.29 Billion 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	$HK$2.06 B	-7.24%
2021-12-31	$HK$2.23 B	14.37%
2020-12-31	$HK$1.95 B	8.69%
2019-12-31	$HK$1.79 B	406.41%
2018-12-31	$HK$0.35 B	40.68%
2017-12-31	$HK$0.25 B	86.12%
2016-12-31	$HK$0.13 B

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