ONE Gas (OGS) - Net assets

Net assets on the balance sheet as of September 2024 : HK$21.89 Billion

According to ONE Gas 's latest financial reports the company has HK$21.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ONE Gas - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$21.60 B	6.98%
2022-12-31	$HK$20.19 B	10.22%
2021-12-31	$HK$18.32 B	5.82%
2020-12-31	$HK$17.31 B	4.4%
2019-12-31	$HK$16.58 B	3.68%
2018-12-31	$HK$15.99 B	4.45%
2017-12-31	$HK$15.31 B	4.59%
2016-12-31	$HK$14.64 B	2.59%
2015-12-31	$HK$14.27 B	2.57%
2014-12-31	$HK$13.91 B	44.83%
2013-12-31	$HK$9.60 B	7.34%
2012-12-31	$HK$8.95 B	-0.51%
2011-12-31	$HK$8.99 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Atmos Energy ATO	HK$94.85 B	333.16%	🇺🇸 USA
NW Natural NWN	HK$10.48 B	-52.12%	🇺🇸 USA
RGC Resources RGCO	HK$0.84 B	-96.13%	🇺🇸 USA
CenterPoint Energy CNP	HK$82.01 B	274.56%	🇺🇸 USA

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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