Smartgroup Corporation (SIQ.AX)

Net assets on the balance sheet as of December 2023 : HK$1.29 B

According to Smartgroup Corporation's latest financial reports the company has HK$1.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smartgroup Corporation - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.29 B	1.53%
2022-12-31	$HK$1.27 B	-15.34%
2021-12-31	$HK$1.50 B	-6.75%
2020-12-31	$HK$1.61 B	6.84%
2019-12-31	$HK$1.51 B	-6.08%
2018-12-31	$HK$1.61 B	29.1%
2017-12-31	$HK$1.24 B	15.07%
2016-12-31	$HK$1.08 B	133.13%
2015-12-31	$HK$0.46 B	11.06%
2014-12-31	$HK$0.41 B	4%
2013-12-31	$HK$0.40 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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Smartgroup Corporation (SIQ.AX) - Net assets