Kingnet Network (002517.SZ)

Net assets on the balance sheet as of March 2024 : C$1.06 B

According to Kingnet Network's latest financial reports the company has C$1.06 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingnet Network - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.89 B	20.02%
2021-12-31	$C$0.74 B	26.58%
2020-12-31	$C$0.58 B	10.47%
2019-12-31	$C$0.53 B	-47.2%
2018-12-31	$C$1.00 B	2.88%
2017-12-31	$C$0.98 B	49.5%
2016-12-31	$C$0.65 B	298.38%
2015-12-31	$C$0.16 B	1956.04%
2014-12-31	$C$8 M	-93.03%
2013-12-31	$C$0.11 B	10.75%
2012-12-31	$C$0.10 B	6.68%
2011-12-31	$C$97.14 M	9.31%
2010-12-31	$C$88.87 M	308.75%
2009-12-31	$C$21.74 M	-0.59%
2008-12-31	$C$21.87 M	76.66%
2007-12-31	$C$12.38 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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Kingnet Network (002517.SZ) - Net assets