PolyPeptide Group (PPGN.SW)

Net assets on the balance sheet as of December 2023 : A$0.65 Billion

According to PolyPeptide Group's latest financial reports the company has A$0.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PolyPeptide Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.61 B	-6.94%
2022-12-31	$A$0.66 B	1.03%
2021-12-31	$A$0.65 B	131.51%
2020-12-31	$A$0.28 B	18.87%
2019-12-31	$A$0.23 B	-0.31%
2018-12-31	$A$0.23 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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PolyPeptide Group (PPGN.SW) - Net assets