PolyPeptide Group (PPGN.SW)

Net assets on the balance sheet as of December 2023 : HK$3.28 Billion

According to PolyPeptide Group's latest financial reports the company has HK$3.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PolyPeptide Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.29 B	-6.87%
2022-12-31	$HK$3.53 B	-4.98%
2021-12-31	$HK$3.71 B	119.56%
2020-12-31	$HK$1.69 B	29.95%
2019-12-31	$HK$1.30 B	-1.46%
2018-12-31	$HK$1.32 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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PolyPeptide Group (PPGN.SW) - Net assets