Sea Ltd (SE) Balance sheet

Market cap

P/E ratio

	2017/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Cash and cash equivalents	1,347	3,571	7,053	10,838	7,610	4,244	4,082	6,419
Total cash & short-term investments	1,347	3,571	7,053	10,838	7,610	4,244	4,082	6,419
Accounts receivable, net	62	187	363	388	269	263	307	378
Inventories	10	27	64	117	110	125	143	223
Total current assets	1,721	4,410	8,939	15,135	12,688	11,774	16,858	23,249
Property, plant and equipment, net	74	319	386	1,030	1,388	1,208	1,098	1,307
Marketable securities, non-current	28	114	190	1,053	1,254	4,263	2,694	1,889
Total non-current assets	268	814	1,517	3,621	4,315	7,109	5,768	6,121
Total assets	1,988	5,224	10,456	18,756	17,003	18,883	22,625	29,371
Accounts payable	9	69	122	214	259	343	350	468
Total current liabilities	638	2,362	4,636	7,176	6,936	8,169	11,296	14,681
Total non-current liabilities	875	1,689	2,399	4,155	4,256	4,017	2,852	2,042
Total liabilities	1,513	4,052	7,035	11,332	11,192	12,186	14,148	16,723
Retained earnings	-1,107	-3,531	-5,151	-7,201	-8,746	-8,599	-8,155	-6,577
Stockholders' equity	475	1,173	3,420	7,424	5,811	6,698	8,478	12,648
Working capital