Newag (NWG.WA) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.56 Billion

According to Newag's latest financial reports the company has HK$1.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Newag - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.59 B	25.64%
2022-12-31	$HK$1.27 B	-5.27%
2021-12-31	$HK$1.34 B	-7.02%
2020-12-31	$HK$1.44 B	27.38%
2019-12-31	$HK$1.13 B	9.65%
2018-12-31	$HK$1.03 B	14.08%
2017-12-31	$HK$0.90 B	20.29%
2016-12-31	$HK$0.75 B	-9.4%
2015-12-31	$HK$0.83 B	-5.02%
2014-12-31	$HK$0.87 B	0.8%
2013-12-31	$HK$0.86 B	11.32%
2012-12-31	$HK$0.77 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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Newag (NWG.WA) - Net assets