Fastned (FAST.AS) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$1.30 Billion

According to Fastned's latest financial reports the company has HK$1.30 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fastned - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.34 B	39.61%
2021-12-31	$HK$0.96 B	-659.66%
2020-12-31	$-HK$0.18 Billion	162.2%
2019-12-31	$-HK$65.73 Million	-363.23%
2018-12-31	$HK$24.96 M	-14.06%
2017-12-31	$HK$29.05 M

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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Fastned (FAST.AS) - Net assets