Blend Labs (BLND) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.06 B

According to Blend Labs's latest financial reports the company has HK$1.06 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Blend Labs - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.21 B	-83.57%
2022-12-31	$HK$1.28 B	-79.74%
2021-12-31	$HK$6.32 B	399.17%
2020-12-31	$HK$1.26 B	20.46%
2019-12-31	$HK$1.05 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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Blend Labs (BLND) - Net assets