Nine Dragons Paper (2689.HK)

Net assets on the balance sheet as of June 2024 : A$10.05 Billion

According to Nine Dragons Paper's latest financial reports the company has A$10.05 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Dragons Paper - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$9.99 B	6.91%
2023-06-30	$A$9.35 B	-9.05%
2022-06-30	$A$10.28 B	7.28%
2021-06-30	$A$9.58 B	14.55%
2020-06-30	$A$8.36 B	5.09%
2019-06-30	$A$7.96 B	7.66%
2018-06-30	$A$7.39 B	27.92%
2017-06-30	$A$5.78 B	8.19%
2016-06-30	$A$5.34 B	-0.29%
2015-06-30	$A$5.35 B	27.23%
2014-06-30	$A$4.21 B	1.2%
2013-06-30	$A$4.16 B	23.22%
2012-06-30	$A$3.37 B	11.31%
2011-06-30	$A$3.03 B	-10.19%
2010-06-30	$A$3.37 B	25.22%
2009-06-30	$A$2.69 B	30.39%
2008-06-30	$A$2.06 B	14.37%
2007-06-30	$A$1.80 B	40.03%
2006-06-30	$A$1.29 B	238.52%
2005-06-30	$A$0.38 B

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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Nine Dragons Paper (2689.HK) - Net assets