Allego (ALLG) - Net assets

Net assets on the balance sheet as of December 2023 : -HK$0.69 Billion

According to Allego's latest financial reports the company has -HK$0.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Allego - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2020-12-31	$-HK$0.71 Billion	114.37%
2019-12-31	$-HK$0.33 Billion	6169.48%
2018-12-31	$-HK$5.24 Million

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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