South Plains Financial (SPFI)

Net assets on the balance sheet as of September 2024 : HK$3.44 Billion

According to South Plains Financial's latest financial reports the company has HK$3.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

South Plains Financial - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.17 B	13.99%
2022-12-31	$HK$2.78 B	-12.2%
2021-12-31	$HK$3.17 B	10.75%
2020-12-31	$HK$2.86 B	20.3%
2019-12-31	$HK$2.38 B	96.99%
2018-12-31	$HK$1.21 B	-2.07%
2017-12-31	$HK$1.23 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$3.05 B	-11.41%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.04 B	191.57%	🇺🇸 USA

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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South Plains Financial (SPFI) - Net assets

Net assets on the balance sheet as of September 2024 : HK$3.44 Billion