EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : HK$1.40 Billion

According to EROAD Limited's latest financial reports the company has HK$1.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EROAD Limited - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$HK$1.41 B	15.57%
2023-03-31	$HK$1.22 B	-9.4%
2022-03-31	$HK$1.35 B	137.64%
2021-03-31	$HK$0.56 B
2019-03-31	$HK$0.27 B	-28.25%
2018-03-31	$HK$0.38 B	53.97%
2017-03-31	$HK$0.24 B	-8.68%
2016-03-31	$HK$0.27 B	-9.84%
2015-03-31	$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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EROAD Limited (ERD.NZ) - Net assets