RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of March 2024 : HK$2.54 B

According to RITES 's latest financial reports the company has HK$2.54 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RITES - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$2.59 B	-2.96%
2022-03-31	$HK$2.67 B	1.58%
2021-03-31	$HK$2.63 B	-5.51%
2020-03-31	$HK$2.78 B	-1.06%
2019-03-31	$HK$2.81 B	3%
2018-03-31	$HK$2.73 B	8.99%
2017-03-31	$HK$2.51 B	12.28%
2016-03-31	$HK$2.23 B	6.6%
2015-03-31	$HK$2.09 B	13.25%
2014-03-31	$HK$1.85 B	4.78%
2013-03-31	$HK$1.76 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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RITES (RITES.NS) - Net assets