Morgan Advanced Materials (MGAM.L) - Net assets

Net assets on the balance sheet as of December 2023 : HK$3.94 Billion

According to Morgan Advanced Materials's latest financial reports the company has HK$3.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morgan Advanced Materials - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.96 B	-2.33%
2022-12-31	$HK$4.06 B	10.36%
2021-12-31	$HK$3.67 B	45.1%
2020-12-31	$HK$2.53 B	-20.33%
2019-12-31	$HK$3.18 B	15.74%
2018-12-31	$HK$2.75 B	11.17%
2017-12-31	$HK$2.47 B	56.99%
2016-12-31	$HK$1.57 B	-26.39%
2015-12-31	$HK$2.14 B	-5.55%
2014-12-31	$HK$2.26 B	-35.35%
2013-12-31	$HK$3.50 B	3.04%
2012-12-31	$HK$3.40 B	4.32%
2011-12-31	$HK$3.26 B	7.7%
2010-12-31	$HK$3.02 B	12.48%
2009-12-31	$HK$2.69 B	14.3%
2008-12-31	$HK$2.35 B	-22.53%
2007-12-31	$HK$3.04 B	-1.73%
2006-12-31	$HK$3.09 B	18.25%
2005-12-31	$HK$2.61 B	14.55%
2004-12-31	$HK$2.28 B	-36.59%
2003-12-31	$HK$3.60 B	-17.78%
2002-12-31	$HK$4.38 B	-8.06%
2001-12-31	$HK$4.76 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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