Midwich Group (MIDW.L)

Net assets on the balance sheet as of December 2023 : HK$1.94 Billion

According to Midwich Group's latest financial reports the company has HK$1.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Midwich Group - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.95 B	53.93%
2022-12-31	$HK$1.26 B	5.3%
2021-12-31	$HK$1.20 B	7.01%
2020-12-31	$HK$1.12 B	68.75%
2019-12-31	$HK$0.66 B	15.42%
2018-12-31	$HK$0.57 B	3.05%
2017-12-31	$HK$0.56 B	25.75%
2016-12-31	$HK$0.44 B	213.57%
2015-12-31	$HK$0.14 B	39.96%
2014-12-31	$HK$0.10 B	-69.91%
2013-12-31	$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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Midwich Group (MIDW.L) - Net assets