Infinities Tech (Jiu Zun Digital) (1961.HK)

Net assets on the balance sheet as of December 2023 : C$23.1 Million

According to Infinities Tech (Jiu Zun Digital)'s latest financial reports the company has C$23.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Infinities Tech (Jiu Zun Digital) - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$10.69 M	-61.4%
2021-12-31	$C$27.7 M	-37.37%
2020-12-31	$C$44.23 M	88.68%
2019-12-31	$C$23.44 M	40.31%
2018-12-31	$C$16.7 M	4.3%
2017-12-31	$C$16.01 M	-19.05%
2016-12-31	$C$19.79 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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Infinities Tech (Jiu Zun Digital) (1961.HK) - Net assets