Nongfu Spring (9633.HK)

Net assets on the balance sheet as of December 2023 : A$6.47 Billion

According to Nongfu Spring 's latest financial reports the company has A$6.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nongfu Spring - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$5.13 B	14.29%
2021-12-31	$A$4.48 B	45.34%
2020-12-31	$A$3.08 B	52.89%
2019-12-31	$A$2.02 B	-32.1%
2018-12-31	$A$2.97 B	35.35%
2017-12-31	$A$2.19 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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Nongfu Spring (9633.HK) - Net assets