Saipem (SPM.MI) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$20.59 Billion

According to Saipem's latest financial reports the company has HK$20.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saipem - Net assets on balance sheet (from 2010 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$17.48 B	464.04%
2021-12-31	$HK$3.09 B	-88.97%
2020-12-31	$HK$28.10 B	-21.89%
2019-12-31	$HK$35.98 B	-0.47%
2018-12-31	$HK$36.15 B	-16.14%
2017-12-31	$HK$43.11 B	8.2%
2016-12-31	$HK$39.84 B	33.61%
2015-12-31	$HK$29.82 B	-24.33%
2014-12-31	$HK$39.41 B	-22.42%
2013-12-31	$HK$50.80 B	-6.16%
2012-12-31	$HK$54.13 B	11.28%
2011-12-31	$HK$48.64 B	13.13%
2010-12-31	$HK$42.99 B	10.75%
2009-12-31	$HK$38.82 B	29.37%
2008-12-31	$HK$30.01 B	14.66%
2007-12-31	$HK$26.17 B	60.91%
2006-12-31	$HK$16.26 B	7.79%
2005-12-31	$HK$15.09 B	-7.35%
2004-12-31	$HK$16.28 B	19.98%
2003-12-31	$HK$13.57 B	28.19%
2002-12-31	$HK$10.58 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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Saipem (SPM.MI) - Net assets