FriendTimes (6820.HK)

Net assets on the balance sheet as of December 2023 : A$0.26 Billion

According to FriendTimes's latest financial reports the company has A$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FriendTimes - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.31 B	-10.51%
2021-12-31	$A$0.35 B	14.1%
2020-12-31	$A$0.31 B	16.9%
2019-12-31	$A$0.26 B	125.73%
2018-12-31	$A$0.11 B	68.99%
2017-12-31	$A$70.04 M	35.47%
2016-12-31	$A$51.7 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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FriendTimes (6820.HK) - Net assets