Lafinca Global Assets (YLFG.MC)

Net assets on the balance sheet as of December 2023 : HK$0.96 Billion

According to Lafinca Global Assets's latest financial reports the company has HK$0.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lafinca Global Assets - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.97 B	-1.48%
2022-12-31	$HK$0.98 B	-11.87%
2021-12-31	$HK$1.12 B	-9.42%
2020-12-31	$HK$1.23 B	19.11%
2019-12-31	$HK$1.03 B	-6.37%
2018-12-31	$HK$1.11 B	-11.75%
2017-12-31	$HK$1.25 B	17.58%
2016-12-31	$HK$1.06 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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Lafinca Global Assets (YLFG.MC) - Net assets