RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.49 Billion

According to RITES 's latest financial reports the company has HK$2.49 Billion 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	-2.93%
2022-03-31	$HK$2.67 B	2%
2021-03-31	$HK$2.62 B	-5.95%
2020-03-31	$HK$2.79 B	-0.97%
2019-03-31	$HK$2.81 B	3%
2018-03-31	$HK$2.73 B	8.89%
2017-03-31	$HK$2.51 B	12.64%
2016-03-31	$HK$2.23 B	6.4%
2015-03-31	$HK$2.09 B	13.14%
2014-03-31	$HK$1.85 B	4.86%
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