Maxeon Solar Technologies (MAXN)

Net assets on the balance sheet as of September 2024 : -HK$1.6 Billion

According to Maxeon Solar Technologies's latest financial reports the company has -HK$1.6 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Maxeon Solar Technologies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.37 B	-86.43%
2021-12-31	$HK$2.76 B	-18.74%
2020-12-31	$HK$3.40 B	18.98%
2019-12-31	$HK$2.86 B	-16.04%
2018-12-31	$HK$3.40 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	HK$11.51 B	-819.74%	🇺🇸 USA
Power Integrations POWI	HK$5.82 B	-464.17%	🇺🇸 USA
PDF Solutions PDFS	HK$1.86 B	-216.88%	🇺🇸 USA

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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Maxeon Solar Technologies (MAXN) - Net assets

Net assets on the balance sheet as of September 2024 : -HK$1.6 Billion