International Petroleum (IPCO.TO)

Net assets on the balance sheet as of June 2024 : HK$7.97 Billion

According to International Petroleum's latest financial reports the company has HK$7.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

International Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$8.43 B	11.86%
2022-12-31	$HK$7.54 B	14.13%
2021-12-31	$HK$6.60 B	20.33%
2020-12-31	$HK$5.49 B	-10.83%
2019-12-31	$HK$6.15 B	13.04%
2018-12-31	$HK$5.44 B	127.2%
2017-12-31	$HK$2.39 B	-23.66%
2016-12-31	$HK$3.14 B	-31.61%
2015-12-31	$HK$4.59 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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International Petroleum (IPCO.TO) - Net assets