Gulf Energy Development Public Company (GULF.BK)

Net assets on the balance sheet as of June 2024 : HK$30.50 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has HK$30.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gulf Energy Development Public Company - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$32.69 B	6.14%
2022-12-31	$HK$30.80 B	22.46%
2021-12-31	$HK$25.15 B	34.69%
2020-12-31	$HK$18.67 B	46.55%
2019-12-31	$HK$12.74 B	18.17%
2018-12-31	$HK$10.78 B	11.74%
2017-12-31	$HK$9.65 B	1076.79%
2016-12-31	$HK$0.82 B	52.65%
2015-12-31	$HK$0.53 B	-37.84%
2014-12-31	$HK$0.86 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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Gulf Energy Development Public Company (GULF.BK) - Net assets