Friedman Industries (FRD)

Net assets on the balance sheet as of June 2024 : HK$1.01 B

According to Friedman Industries's latest financial reports the company has HK$1.01 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Friedman Industries - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$0.90 B	45.17%
2022-03-31	$HK$0.62 B	22.87%
2021-03-31	$HK$0.50 B	-1.99%
2020-03-31	$HK$0.51 B	-8.91%
2019-03-31	$HK$0.56 B	5.7%
2018-03-31	$HK$0.53 B	14.77%
2017-03-31	$HK$0.46 B	-4.34%
2016-03-31	$HK$0.49 B	0.01%
2015-03-31	$HK$0.49 B	-0.18%
2014-03-31	$HK$0.49 B	0.49%
2013-03-31	$HK$0.48 B	-0.73%
2012-03-31	$HK$0.49 B	7.57%
2011-03-31	$HK$0.45 B	4.59%
2010-03-31	$HK$0.43 B	0.63%
2009-03-31	$HK$0.43 B	24.32%
2008-03-31	$HK$0.34 B	6.33%
2007-03-31	$HK$0.32 B	13.83%
2006-03-31	$HK$0.28 B	4.82%
2005-03-31	$HK$0.27 B	7.07%
2004-03-31	$HK$0.25 B	5.72%
2003-03-31	$HK$0.24 B	2.45%
2002-03-31	$HK$0.23 B	0.37%
2001-03-31	$HK$0.23 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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Friedman Industries (FRD) - Net assets