Netel Holding (NETEL.ST)

Net assets on the balance sheet as of September 2024 : HK$0.88 Billion

According to Netel Holding's latest financial reports the company has HK$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netel Holding - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.87 B	5.82%
2022-12-31	$HK$0.83 B	5.72%
2021-12-31	$HK$0.78 B	37.25%
2020-12-31	$HK$0.57 B	22.28%
2019-12-31	$HK$0.46 B	-0.66%
2018-12-31	$HK$0.47 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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Netel Holding (NETEL.ST) - Net assets