First Western Financial (MYFW)

Net assets on the balance sheet as of September 2024 : HK$1.93 Billion

According to First Western Financial's latest financial reports the company has HK$1.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

First Western Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.88 B	10.18%
2021-12-31	$HK$1.70 B	42.18%
2020-12-31	$HK$1.20 B	20.81%
2019-12-31	$HK$0.99 B	8.65%
2018-12-31	$HK$0.91 B	15.02%
2017-12-31	$HK$0.79 B	6.97%
2016-12-31	$HK$0.74 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$3.05 B	57.76%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.03 B	419.23%	🇺🇸 USA

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 Western Financial (MYFW) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.93 Billion