Soltec Power Holdings (SOL.MC)

Net assets on the balance sheet as of June 2023 : S$0.21 Billion

According to Soltec Power Holdings's latest financial reports the company has S$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Soltec Power Holdings - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.23 B	3.95%
2021-12-31	$S$0.22 B	-2.92%
2020-12-31	$S$0.23 B	753.58%
2019-12-31	$S$27.15 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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Soltec Power Holdings (SOL.MC) - Net assets