RHI Magnesita (RHF.F)

Net assets on the balance sheet as of December 2023 : HK$11.71 Billion

According to RHI Magnesita 's latest financial reports the company has HK$11.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RHI Magnesita - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$11.77 B	33.95%
2022-12-31	$HK$8.78 B	21.04%
2021-12-31	$HK$7.26 B	14.32%
2020-12-31	$HK$6.35 B	-13.82%
2019-12-31	$HK$7.36 B	-7.08%
2018-12-31	$HK$7.93 B	0.04%
2017-12-31	$HK$7.92 B	85.49%
2016-12-31	$HK$4.27 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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RHI Magnesita (RHF.F) - Net assets