Somec S.p.A. (SOM.MI)

Net assets on the balance sheet as of December 2023 : HK$0.17 Billion

According to Somec S.p.A.'s latest financial reports the company has HK$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Somec S.p.A. - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.18 B	-41.34%
2022-12-31	$HK$0.30 B	-39.07%
2021-12-31	$HK$0.50 B	17.46%
2020-12-31	$HK$0.43 B	1.65%
2019-12-31	$HK$0.42 B	4.88%
2018-12-31	$HK$0.40 B	275.66%
2017-12-31	$HK$0.10 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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Somec S.p.A. (SOM.MI) - Net assets