Neo-Concept International Group (NCI)

Net assets on the balance sheet as of December 2023 : -A$0.47 Million

According to Neo-Concept International Group's latest financial reports the company has -A$0.47 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Neo-Concept International Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$11.42 Million	-14.66%
2021-12-31	$-A$13.38 Million	1.33%
2020-12-31	$-A$13.2 Million

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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Neo-Concept International Group (NCI) - Net assets