Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : S$61.5 Million

According to Sunrise New Energy's latest financial reports the company has S$61.5 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	$S$56.48 M	-26.67%
2021-12-31	$S$77.02 M	70.49%
2020-12-31	$S$45.17 M	67.58%
2019-12-31	$S$26.95 M	85.1%
2018-12-31	$S$14.56 M	251.05%
2017-12-31	$S$4.14 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