3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : HK$6.98 Billion

According to 3R Petroleum's latest financial reports the company has HK$6.98 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

3R Petroleum - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$8.96 B	39.63%
2022-12-31	$HK$6.41 B	9.79%
2021-12-31	$HK$5.84 B	263.37%
2020-12-31	$HK$1.60 B	250.27%
2019-12-31	$HK$0.45 B	-11.22%
2018-12-31	$HK$0.51 B	-5.68%
2017-12-31	$HK$0.54 B	-18.98%
2016-12-31	$HK$0.67 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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3R Petroleum (RRRP3.SA) - Net assets