Hanryu Holdings (HRYU)

Net assets on the balance sheet as of June 2024 : HK$82.25 Million

According to Hanryu Holdings's latest financial reports the company has HK$82.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hanryu Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$10.48 Million	-152.4%
2021-12-31	$HK$19.98 M	-127.93%
2020-12-31	$-HK$71.56 Million

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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Hanryu Holdings (HRYU) - Net assets