Provident Financial Services (PFS) - Net assets

Net assets on the balance sheet as of June 2024 : HK$19.85 Billion

According to Provident Financial Services's latest financial reports the company has HK$19.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provident Financial Services - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$13.20 B	5.77%
2022-12-31	$HK$12.48 B	-5.67%
2021-12-31	$HK$13.23 B	5.39%
2020-12-31	$HK$12.55 B	14.04%
2019-12-31	$HK$11.01 B	3.47%
2018-12-31	$HK$10.64 B	4.89%
2017-12-31	$HK$10.14 B	4.53%
2016-12-31	$HK$9.70 B	4.71%
2015-12-31	$HK$9.27 B	4.46%
2014-12-31	$HK$8.87 B	13.22%
2013-12-31	$HK$7.83 B	3.05%
2012-12-31	$HK$7.60 B	2.81%
2011-12-31	$HK$7.39 B	3.14%
2010-12-31	$HK$7.17 B	4.58%
2009-12-31	$HK$6.85 B	-12.86%
2008-12-31	$HK$7.87 B	0.87%
2007-12-31	$HK$7.80 B	-1.56%
2006-12-31	$HK$7.92 B	-5.01%
2005-12-31	$HK$8.34 B	-5.54%
2004-12-31	$HK$8.83 B	39.48%
2003-12-31	$HK$6.33 B	149.12%
2002-12-31	$HK$2.54 B	11.61%
2001-12-31	$HK$2.27 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OceanFirst Financial OCFC	HK$13.16 B	-33.70%	🇺🇸 USA
Kearny Financial KRNY	HK$5.83 B	-70.59%	🇺🇸 USA

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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