Nano Labs (NA) - Net Assets

Net assets on the balance sheet as of December 2023 : -S$3.11 Million

According to Nano Labs's latest financial reports the company has -S$3.11 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nano Labs - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$31.95 M	-710.8%
2021-12-31	$-S$5.24 Million	-46.84%
2020-12-31	$-S$9.85 Million

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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Nano Labs (NA) - Net assets