NaaS Technology (NAAS)

Net assets on the balance sheet as of September 2024 : -HK$0.25 Billion

According to NaaS Technology's latest financial reports the company has -HK$0.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NaaS Technology - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$48.18 Million	-109.69%
2022-12-31	$HK$0.49 B	1280.13%
2021-12-31	$HK$36.02 M	210.41%
2020-12-31	$HK$11.6 M

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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NaaS Technology (NAAS) - Net assets