Fortum (FORTUM.HE) - Net assets

Net assets on the balance sheet as of September 2024 : HK$74.54 Billion

According to Fortum's latest financial reports the company has HK$74.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortum - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$73.36 B	13.15%
2022-12-31	$HK$64.84 B	-46.26%
2021-12-31	$HK$120.67 B	-18.75%
2020-12-31	$HK$148.52 B	28.64%
2019-12-31	$HK$115.45 B	6.72%
2018-12-31	$HK$108.19 B	-13.14%
2017-12-31	$HK$124.55 B	12.76%
2016-12-31	$HK$110.46 B	-5.97%
2015-12-31	$HK$117.48 B	13.89%
2014-12-31	$HK$103.15 B	-4.86%
2013-12-31	$HK$108.42 B	-0.64%
2012-12-31	$HK$109.12 B	6.47%
2011-12-31	$HK$102.48 B	13.26%
2010-12-31	$HK$90.49 B	-4.06%
2009-12-31	$HK$94.32 B	3.81%
2008-12-31	$HK$90.86 B	-7.74%
2007-12-31	$HK$98.48 B	17.59%
2006-12-31	$HK$83.75 B	23.04%
2005-12-31	$HK$68.06 B	-15.6%
2004-12-31	$HK$80.64 B	24.49%
2003-12-31	$HK$64.77 B	8.44%
2002-12-31	$HK$59.73 B	28.42%
2001-12-31	$HK$46.51 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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