Phoenix Group (PHNX.L)

Net assets on the balance sheet as of December 2023 : HK$35.10 Billion

According to Phoenix Group's latest financial reports the company has HK$35.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phoenix Group - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$49.02 B	-31.18%
2021-12-31	$HK$71.24 B	-14.35%
2020-12-31	$HK$83.18 B	45.63%
2019-12-31	$HK$57.11 B	-3.41%
2018-12-31	$HK$59.13 B	77.5%
2017-12-31	$HK$33.31 B	4.46%
2016-12-31	$HK$31.89 B	-7.57%
2015-12-31	$HK$34.50 B	-12.84%
2014-12-31	$HK$39.58 B	15.18%
2013-12-31	$HK$34.36 B	15.17%
2012-12-31	$HK$29.84 B	4.48%
2011-12-31	$HK$28.56 B	3.37%
2010-12-31	$HK$27.63 B	2.91%
2009-12-31	$HK$26.85 B	313.76%
2008-12-31	$HK$6.48 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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Phoenix Group (PHNX.L) - Net assets