Lumine Group (LMN.V)

Net assets on the balance sheet as of September 2024 : HK$5.12 Billion

According to Lumine Group's latest financial reports the company has HK$5.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lumine Group - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$30.02 Billion	-2598.07%
2022-12-31	$HK$1.20 B	-11.01%
2021-12-31	$HK$1.35 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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Lumine Group (LMN.V) - Net assets