Maxeon Solar Technologies (MAXN)

Net assets on the balance sheet as of March 2024 : -HK$0.53 B

According to Maxeon Solar Technologies's latest financial reports the company has -HK$0.53 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Maxeon Solar Technologies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.37 B	-86.43%
2021-12-31	$HK$2.76 B	-18.76%
2020-12-31	$HK$3.40 B	18.99%
2019-12-31	$HK$2.86 B	-16.03%
2018-12-31	$HK$3.40 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	HK$10.66 B	-2,126.23%	🇺🇸 USA
Power Integrations POWI	HK$5.69 B	-1,182.32%	🇺🇸 USA
PDF Solutions PDFS	HK$1.80 B	-443.85%	🇺🇸 USA

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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Maxeon Solar Technologies (MAXN) - Net assets

Net assets on the balance sheet as of March 2024 : -HK$0.53 B