Avalon GloboCare (ALBT)

Net assets on the balance sheet as of June 2024 : HK$34.38 Million

According to Avalon GloboCare's latest financial reports the company has HK$34.38 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avalon GloboCare - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$87.18 M	262.52%
2021-12-31	$HK$24.05 M	-24.64%
2020-12-31	$HK$31.91 M	-8.22%
2019-12-31	$HK$34.77 M	-60.54%
2018-12-31	$HK$88.12 M	54.33%
2017-12-31	$HK$57.1 M	107.66%
2016-12-31	$HK$27.49 M	-65729.82%
2015-12-31	$-HK$0.05 Million	86.28%
2014-12-31	$-HK$0.03 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Office Properties Income Trust OPI	HK$9.95 B	28,847.35%	🇺🇸 USA
One Liberty Properties OLP	HK$2.37 B	6,812.46%	🇺🇸 USA
Omega Healthcare OHI	HK$34.25 B	99,523.04%	🇺🇸 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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Avalon GloboCare (ALBT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$34.38 Million