Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of September 2024 : HK$68.26 Billion

According to Rural Electrification Corp's latest financial reports the company has HK$68.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$55.56 B	4.91%
2022-03-31	$HK$52.96 B	14.33%
2021-03-31	$HK$46.33 B	27.28%
2020-03-31	$HK$36.40 B	-6.8%
2019-03-31	$HK$39.05 B	-0.59%
2018-03-31	$HK$39.28 B	6.33%
2017-03-31	$HK$36.94 B	9.46%
2016-03-31	$HK$33.75 B	8.53%
2015-03-31	$HK$31.10 B	15.34%
2014-03-31	$HK$26.96 B	7.56%
2013-03-31	$HK$25.07 B	12.27%
2012-03-31	$HK$22.32 B	-0.23%
2011-03-31	$HK$22.38 B	16.3%
2010-03-31	$HK$19.24 B	103.66%
2009-03-31	$HK$9.44 B	-9.8%
2008-03-31	$HK$10.47 B	48.87%
2007-03-31	$HK$7.03 B	22.55%
2006-03-31	$HK$5.74 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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Rural Electrification Corp (RECLTD.NS) - Net assets