Amalgamated Financial (AMAL)

Net assets on the balance sheet as of September 2024 : HK$5.42 Billion

According to Amalgamated Financial's latest financial reports the company has HK$5.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Amalgamated Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.57 B	14.97%
2022-12-31	$HK$3.97 B	-9.56%
2021-12-31	$HK$4.39 B	5.85%
2020-12-31	$HK$4.15 B	8.73%
2019-12-31	$HK$3.82 B	11.04%
2018-12-31	$HK$3.44 B	27.99%
2017-12-31	$HK$2.68 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$3.05 B	-43.79%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.04 B	85.01%	🇺🇸 USA

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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Amalgamated Financial (AMAL) - Net assets

Net assets on the balance sheet as of September 2024 : HK$5.42 Billion