First Watch Restaurant (FWRG)

Net assets on the balance sheet as of September 2025 : HK$4.74 Billion

According to First Watch Restaurant's latest financial reports the company has HK$4.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

First Watch Restaurant - Net assets on balance sheet (from 2020 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$4.62 B	5.44%
2023-12-31	$HK$4.38 B	7.25%
2022-12-31	$HK$4.08 B	3.92%
2021-12-31	$HK$3.93 B	58.13%
2020-12-31	$HK$2.48 B	-3.16%
2019-12-31	$HK$2.56 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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First Watch Restaurant (FWRG) - Net assets