Global Fashion Group (GFG.DE)

Net assets on the balance sheet as of December 2023 : HK$2.54 Billion

According to Global Fashion Group's latest financial reports the company has HK$2.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Fashion Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.55 B	-36.38%
2022-12-31	$HK$4.01 B	-20.74%
2021-12-31	$HK$5.06 B	-14.28%
2020-12-31	$HK$5.90 B	4.23%
2019-12-31	$HK$5.66 B	4.76%
2018-12-31	$HK$5.40 B	-27.27%
2017-12-31	$HK$7.43 B	10.61%
2016-12-31	$HK$6.72 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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Global Fashion Group (GFG.DE) - Net assets