Globe Trade Centre (GTC.WA)

Net assets on the balance sheet as of June 2024 : HK$9.38 Billion

According to Globe Trade Centre's latest financial reports the company has HK$9.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Trade Centre - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$9.72 B
2021-12-31	$HK$9.86 B	6.21%
2020-12-31	$HK$9.28 B	0.57%
2019-12-31	$HK$9.23 B	1%
2018-12-31	$HK$9.14 B	3.64%
2017-12-31	$HK$8.82 B	36.88%
2016-12-31	$HK$6.44 B	22.4%
2015-12-31	$HK$5.26 B	31.17%
2014-12-31	$HK$4.01 B	-34.81%
2013-12-31	$HK$6.15 B	-19.3%
2012-12-31	$HK$7.63 B	4.56%
2011-12-31	$HK$7.29 B	-33.03%
2010-12-31	$HK$10.89 B	-2.94%
2009-12-31	$HK$11.22 B	-10.09%
2008-12-31	$HK$12.48 B	11.61%
2007-12-31	$HK$11.18 B	49.02%
2006-12-31	$HK$7.50 B	76.33%
2005-12-31	$HK$4.25 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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Globe Trade Centre (GTC.WA) - Net assets