Proeduca Altus (PRO.MC)

Net assets on the balance sheet as of August 2023 : HK$81.02 M

According to Proeduca Altus's latest financial reports the company has HK$81.02 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Proeduca Altus - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-08-31	$HK$81.81 M	-40.15%
2022-08-31	$HK$0.13 B	-20.48%
2021-08-31	$HK$0.17 B	17.05%
2020-08-31	$HK$0.14 B	26.56%
2019-08-31	$HK$0.11 B	883.16%
2018-08-31	$HK$11.8 M	-55.47%
2017-08-31	$HK$26.5 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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Proeduca Altus (PRO.MC) - Net assets