Primech Holdings (PMEC)

Net assets on the balance sheet as of March 2024 : HK$0.11 Billion

According to Primech Holdings's latest financial reports the company has HK$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Primech Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$69.33 M	-21.2%
2022-03-31	$HK$87.99 M	-14.81%
2021-03-31	$HK$0.10 B	7.67%
2020-03-31	$HK$95.92 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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Primech Holdings (PMEC) - Net assets