Kingnet Network (002517.SZ)

Net assets on the balance sheet as of March 2024 : A$1.17 B

According to Kingnet Network's latest financial reports the company has A$1.17 B 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	19.61%
2021-12-31	$A$0.80 B	35.17%
2020-12-31	$A$0.59 B	2.45%
2019-12-31	$A$0.58 B	-44.3%
2018-12-31	$A$1.04 B	5.04%
2017-12-31	$A$0.99 B	47.55%
2016-12-31	$A$0.67 B	316%
2015-12-31	$A$0.16 B	1833.13%
2014-12-31	$A$8.41 M	-93.04%
2013-12-31	$A$0.12 B	20.6%
2012-12-31	$A$0.10 B	7.67%
2011-12-31	$A$93.14 M	6.21%
2010-12-31	$A$87.69 M	280.03%
2009-12-31	$A$23.07 M	-10.96%
2008-12-31	$A$25.91 M	79.34%
2007-12-31	$A$14.45 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