iPower (IPW) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.17 Billion

According to iPower's latest financial reports the company has HK$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

iPower - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$0.16 B	-35.66%
2022-06-30	$HK$0.25 B	31.04%
2021-06-30	$HK$0.19 B	754.05%
2020-06-30	$HK$22.71 M	462.75%
2019-06-30	$HK$4.03 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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iPower (IPW) - Net assets