WiMi Hologram Cloud (WIMI)

Net assets on the balance sheet as of December 2023 : A$0.16 Billion

According to WiMi Hologram Cloud's latest financial reports the company has A$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

WiMi Hologram Cloud - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.24 B	-15.54%
2021-12-31	$A$0.28 B	44.11%
2020-12-31	$A$0.20 B	132.8%
2019-12-31	$A$86.42 M	31.29%
2018-12-31	$A$65.82 M	270.64%
2017-12-31	$A$17.76 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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WiMi Hologram Cloud (WIMI) - Net assets