Espressif Systems (Shanghai) (688018.SS)

Net assets on the balance sheet as of June 2024 : NZ$0.44 Billion

According to Espressif Systems (Shanghai)'s latest financial reports the company has NZ$0.44 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	$NZ$0.41 B	-0.4%
2021-12-31	$NZ$0.41 B	20.11%
2020-12-31	$NZ$0.34 B	1.92%
2019-12-31	$NZ$0.34 B	407.15%
2018-12-31	$NZ$67.47 M	48.61%
2017-12-31	$NZ$45.4 M	80.17%
2016-12-31	$NZ$25.19 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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Espressif Systems (Shanghai) (688018.SS) - Net assets