Infinities Tech (Jiu Zun Digital) (1961.HK)

Net assets on the balance sheet as of December 2023 : A$26.48 Million

According to Infinities Tech (Jiu Zun Digital)'s latest financial reports the company has A$26.48 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Infinities Tech (Jiu Zun Digital) - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$11.57 M	-61.38%
2021-12-31	$A$29.98 M	-33.54%
2020-12-31	$A$45.11 M	75.97%
2019-12-31	$A$25.63 M	47.24%
2018-12-31	$A$17.41 M	6.69%
2017-12-31	$A$16.32 M	-20.11%
2016-12-31	$A$20.42 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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Infinities Tech (Jiu Zun Digital) (1961.HK) - Net assets