Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : NZ$77.3 Million

According to Sunrise New Energy's latest financial reports the company has NZ$77.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sunrise New Energy - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$66.36 M	-20.44%
2021-12-31	$NZ$83.41 M	76.24%
2020-12-31	$NZ$47.32 M	59.4%
2019-12-31	$NZ$29.69 M	86.82%
2018-12-31	$NZ$15.89 M	263.89%
2017-12-31	$NZ$4.36 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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Sunrise New Energy (EPOW) - Net assets