Renren (RENN) - Net Assets

Net assets on the balance sheet as of June 2023 : HK$0.43 B

According to Renren 's latest financial reports the company has HK$0.43 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renren - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.51 B	-51.9%
2021-12-31	$HK$1.06 B	7.02%
2020-12-31	$HK$0.99 B	2.34%
2019-12-31	$HK$0.97 B	-31.16%
2018-12-31	$HK$1.41 B	8257.05%
2017-12-31	$HK$16.95 M	-99.7%
2016-12-31	$HK$5.72 B	-20.5%
2015-12-31	$HK$7.20 B	-15.78%
2014-12-31	$HK$8.55 B	-13.17%
2013-12-31	$HK$9.85 B	14.73%
2012-12-31	$HK$8.58 B	-8.68%
2011-12-31	$HK$9.40 B	180.65%
2010-12-31	$HK$3.35 B	-611.23%
2009-12-31	$-HK$0.66 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sohu.com SOHU	HK$7.74 B	1,668.88%	🇨🇳 China
Baidu BIDU	HK$292.81 B	66,790.08%	🇨🇳 China
Weibo WB	HK$26.60 B	5,978.40%	🇨🇳 China
JOYY YY	HK$41.35 B	9,347.28%	🇨🇳 China

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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Renren (RENN) - Net assets

Net assets on the balance sheet as of June 2023 : HK$0.43 B