Nine Dragons Paper (2689.HK)

Net assets on the balance sheet as of June 2024 : HK$51.94 Billion

According to Nine Dragons Paper's latest financial reports the company has HK$51.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Dragons Paper - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$HK$52.10 B	6.7%
2023-06-30	$HK$48.83 B	-12.25%
2022-06-30	$HK$55.65 B	-0.26%
2021-06-30	$HK$55.79 B	24.66%
2020-06-30	$HK$44.75 B	2.47%
2019-06-30	$HK$43.68 B	1.66%
2018-06-30	$HK$42.96 B	24%
2017-06-30	$HK$34.64 B	12.19%
2016-06-30	$HK$30.88 B	-3.36%
2015-06-30	$HK$31.95 B	3.82%
2014-06-30	$HK$30.78 B	4.46%
2013-06-30	$HK$29.46 B	9.8%
2012-06-30	$HK$26.83 B	6.04%
2011-06-30	$HK$25.30 B	13.55%
2010-06-30	$HK$22.28 B	31.76%
2009-06-30	$HK$16.91 B	9.62%
2008-06-30	$HK$15.43 B	28.87%
2007-06-30	$HK$11.97 B	61.31%
2006-06-30	$HK$7.42 B	228.01%
2005-06-30	$HK$2.26 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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Nine Dragons Paper (2689.HK) - Net assets