U Power (UCAR) - Net Assets

Net assets on the balance sheet as of December 2023 : S$63.9 Million

According to U Power's latest financial reports the company has S$63.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

U Power - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$64.38 M	61.58%
2022-12-31	$S$39.85 M	-27.11%
2021-12-31	$S$54.67 M	-7.08%
2020-12-31	$S$58.83 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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U Power (UCAR) - Net assets