Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : HK$23.66 Billion

According to Daido Steel's latest financial reports the company has HK$23.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Daido Steel - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$26.94 B	6.43%
2022-03-31	$HK$25.32 B	5.86%
2021-03-31	$HK$23.92 B	7.81%
2020-03-31	$HK$22.18 B	-1.39%
2019-03-31	$HK$22.50 B	-3.69%
2018-03-31	$HK$23.36 B	15.7%
2017-03-31	$HK$20.19 B	9.06%
2016-03-31	$HK$18.51 B	-1.99%
2015-03-31	$HK$18.89 B	-6.36%
2014-03-31	$HK$20.17 B	-0.29%
2013-03-31	$HK$20.23 B	-6.71%
2012-03-31	$HK$21.69 B	10.41%
2011-03-31	$HK$19.64 B	25.01%
2010-03-31	$HK$15.71 B	2.62%
2009-03-31	$HK$15.31 B	-9.93%
2008-03-31	$HK$17.00 B	24.83%
2007-03-31	$HK$13.62 B	9.27%
2006-03-31	$HK$12.46 B	18.69%
2005-03-31	$HK$10.50 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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Daido Steel (5471.T) - Net assets