Shenzhen Inovance (300124.SZ)

Net assets on the balance sheet as of September 2024 : A$5.93 Billion

According to Shenzhen Inovance's latest financial reports the company has A$5.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shenzhen Inovance - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$4.28 B	21.23%
2021-12-31	$A$3.53 B	60.93%
2020-12-31	$A$2.19 B	20.07%
2019-12-31	$A$1.82 B	33.61%
2018-12-31	$A$1.36 B	21.45%
2017-12-31	$A$1.12 B	13.25%
2016-12-31	$A$0.99 B	9.56%
2015-12-31	$A$0.90 B	26.28%
2014-12-31	$A$0.71 B	20.11%
2013-12-31	$A$0.59 B	43.43%
2012-12-31	$A$0.41 B	7.06%
2011-12-31	$A$0.39 B	14.15%
2010-12-31	$A$0.34 B	871.37%
2009-12-31	$A$35.18 M	33.2%
2008-12-31	$A$26.41 M	98.13%
2007-12-31	$A$13.33 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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Shenzhen Inovance (300124.SZ) - Net assets