Sunrise New Energy (EPOW)

Net assets on the balance sheet as of December 2023 : $45.33 Million USD

According to Sunrise New Energy's latest financial reports the company has $45.33 Million USD 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	$$42.13 M	-26.05%
2021-12-31	$$56.97 M	66.83%
2020-12-31	$$34.15 M	70.78%
2019-12-31	$$19.99 M	87.57%
2018-12-31	$$10.66 M	243.68%
2017-12-31	$$3.1 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