NeoVolta (NEOV) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$35.75 Million

According to NeoVolta's latest financial reports the company has HK$35.75 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NeoVolta - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$50.68 M	146.84%
2022-06-30	$HK$20.53 M	-15.99%
2021-06-30	$HK$24.44 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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NeoVolta (NEOV) - Net assets