MA Financial Group (MAF.AX)

Net assets on the balance sheet as of December 2023 : HK$2.44 Billion

According to MA Financial Group's latest financial reports the company has HK$2.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MA Financial Group - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.45 B	12.68%
2022-12-31	$HK$2.17 B	4.11%
2021-12-31	$HK$2.09 B	48.16%
2020-12-31	$HK$1.41 B	14%
2019-12-31	$HK$1.23 B	-6.78%
2018-12-31	$HK$1.32 B	1.01%
2017-12-31	$HK$1.31 B	298.14%
2016-12-31	$HK$0.33 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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MA Financial Group (MAF.AX) - Net assets