Kingnet Network (002517.SZ)

Net assets on the balance sheet as of September 2024 : A$1.38 Billion

According to Kingnet Network's latest financial reports the company has A$1.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingnet Network - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.96 B	19.26%
2021-12-31	$A$0.81 B	35.28%
2020-12-31	$A$0.59 B	2.25%
2019-12-31	$A$0.58 B	-44.09%
2018-12-31	$A$1.04 B	5.08%
2017-12-31	$A$0.99 B	47.55%
2016-12-31	$A$0.67 B	316.05%
2015-12-31	$A$0.16 B	1829.12%
2014-12-31	$A$8.43 M	-93.03%
2013-12-31	$A$0.12 B	20.88%
2012-12-31	$A$0.10 B	7.42%
2011-12-31	$A$93.14 M	6.56%
2010-12-31	$A$87.4 M	280.45%
2009-12-31	$A$22.97 M	-9.44%
2008-12-31	$A$25.37 M	75.66%
2007-12-31	$A$14.44 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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Kingnet Network (002517.SZ) - Net assets