Prince Pipes And Fittings (PRINCEPIPE.NS)

Net assets on the balance sheet as of September 2024 : HK$1.46 Billion

According to Prince Pipes And Fittings 's latest financial reports the company has HK$1.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Prince Pipes And Fittings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$1.30 B	-0.15%
2022-03-31	$HK$1.30 B	18.23%
2021-03-31	$HK$1.10 B	28.23%
2020-03-31	$HK$0.86 B	91.02%
2019-03-31	$HK$0.45 B	18.16%
2018-03-31	$HK$0.38 B	31.21%
2017-03-31	$HK$0.29 B	35.18%
2016-03-31	$HK$0.21 B	12.33%
2015-03-31	$HK$0.19 B	6.24%
2014-03-31	$HK$0.18 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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Prince Pipes And Fittings (PRINCEPIPE.NS) - Net assets