Kitwave Group (KITW.L)

Net assets on the balance sheet as of October 2023 : HK$0.79 Billion

According to Kitwave Group's latest financial reports the company has HK$0.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kitwave Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-10-31	$HK$0.80 B	22.8%
2022-10-31	$HK$0.65 B	-0.2%
2021-10-31	$HK$0.65 B
2019-04-30	$HK$4.53 M	-113.07%
2018-04-30	$-HK$34.7 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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Kitwave Group (KITW.L) - Net assets