Hippo (HIPO) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$2.54 Billion

According to Hippo'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.

Hippo - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.00 B	-35.21%
2022-12-31	$HK$4.63 B	-30.99%
2021-12-31	$HK$6.71 B	-534.46%
2020-12-31	$-HK$1.55 Billion

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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Hippo (HIPO) - Net assets