GigaCloud Technology (GCT)

Net assets on the balance sheet as of June 2024 : HK$2.78 Billion

According to GigaCloud Technology's latest financial reports the company has HK$2.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GigaCloud Technology - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.52 B	55.41%
2021-12-31	$HK$0.98 B	45.87%
2020-12-31	$HK$0.67 B

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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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GigaCloud Technology (GCT) - Net assets