Nifco Inc. (7988.T) - Net Assets

Net assets on the balance sheet as of March 2024 : HK$12.69 Billion

According to Nifco Inc.'s latest financial reports the company has HK$12.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nifco Inc. - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$13.32 B	3.42%
2022-03-31	$HK$12.88 B	2.32%
2021-03-31	$HK$12.59 B	3.95%
2020-03-31	$HK$12.11 B	6.59%
2019-03-31	$HK$11.36 B	-2.19%
2018-03-31	$HK$11.61 B	25.18%
2017-03-31	$HK$9.28 B	8.17%
2016-03-31	$HK$8.58 B	3.51%
2015-03-31	$HK$8.29 B	2.02%
2014-03-31	$HK$8.12 B	10.21%
2013-03-31	$HK$7.37 B	-3.09%
2012-03-31	$HK$7.60 B	-0.2%
2011-03-31	$HK$7.62 B	16.14%
2010-03-31	$HK$6.56 B	12.45%
2009-03-31	$HK$5.83 B	-7.62%
2008-03-31	$HK$6.31 B	25.55%
2007-03-31	$HK$5.03 B	14.71%
2006-03-31	$HK$4.38 B	-10.58%
2005-03-31	$HK$4.90 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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Nifco Inc. (7988.T) - Net assets