Nine Dragons Paper (2689.HK)

Net assets on the balance sheet as of June 2024 : C$9.25 Billion

According to Nine Dragons Paper's latest financial reports the company has C$9.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Dragons Paper - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$C$9.12 B	10.61%
2023-06-30	$C$8.24 B	-9.66%
2022-06-30	$C$9.13 B	2.52%
2021-06-30	$C$8.90 B	13.61%
2020-06-30	$C$7.83 B	7.09%
2019-06-30	$C$7.31 B	1.68%
2018-06-30	$C$7.19 B	24.85%
2017-06-30	$C$5.76 B	11.8%
2016-06-30	$C$5.15 B	0.26%
2015-06-30	$C$5.14 B	21.38%
2014-06-30	$C$4.23 B	6.1%
2013-06-30	$C$3.99 B	13.4%
2012-06-30	$C$3.52 B	12.38%
2011-06-30	$C$3.13 B	3.46%
2010-06-30	$C$3.02 B	20.8%
2009-06-30	$C$2.50 B	24.4%
2008-06-30	$C$2.01 B	24.14%
2007-06-30	$C$1.62 B	53.04%
2006-06-30	$C$1.06 B	193.49%
2005-06-30	$C$0.36 B

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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Nine Dragons Paper (2689.HK) - Net assets