Sino-Entertainment Technology (6933.HK)

Net assets on the balance sheet as of December 2023 : A$22.75 Million

According to Sino-Entertainment Technology's latest financial reports the company has A$22.75 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sino-Entertainment Technology - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$42.3 M	-31.98%
2021-12-31	$A$62.2 M	7.64%
2020-12-31	$A$57.79 M	119.14%
2019-12-31	$A$26.37 M	62.79%
2018-12-31	$A$16.2 M	110.83%
2017-12-31	$A$7.68 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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Sino-Entertainment Technology (6933.HK) - Net assets