Confidence Petroleum (CONFIPET.NS)

Net assets on the balance sheet as of March 2024 : HK$1.18 Billion

According to Confidence Petroleum's latest financial reports the company has HK$1.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Confidence Petroleum - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$0.85 B	7.05%
2022-03-31	$HK$0.79 B	35.94%
2021-03-31	$HK$0.58 B	21.66%
2020-03-31	$HK$0.48 B	3.26%
2019-03-31	$HK$0.46 B	42.23%
2018-03-31	$HK$0.32 B	37.75%
2017-03-31	$HK$0.23 B	-15.48%
2016-03-31	$HK$0.28 B	-1.36%
2015-03-31	$HK$0.28 B	-14.51%
2014-03-31	$HK$0.33 B	-8.25%
2013-03-31	$HK$0.36 B	9.84%
2012-03-31	$HK$0.33 B	-11.21%
2011-03-31	$HK$0.37 B	23.11%
2010-03-31	$HK$0.30 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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Confidence Petroleum (CONFIPET.NS) - Net assets