Allego (ALLG) - Net Assets

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

According to Allego's latest financial reports the company has -HK$0.69 B 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$0.7 B	112.58%
2019-12-31	$-HK$0.33 B	6176.34%
2018-12-31	$-HK$5.24 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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Allego (ALLG) - Net assets