Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : HK$0.47 B

According to Payfare Inc.'s latest financial reports the company has HK$0.47 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Payfare Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.41 B	50.16%
2022-12-31	$HK$0.27 B	-3.04%
2021-12-31	$HK$0.28 B	-489.74%
2020-12-31	$-HK$73.94 M	-720.52%
2019-12-31	$HK$11.91 M	-199.1%
2018-12-31	$-HK$12.03 M	-869.83%
2017-12-31	$HK$1.56 M	-39.73%
2016-12-31	$HK$2.59 M

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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Payfare Inc. (PAY.TO) - Net assets