Switch (SWCH) - Net Assets

Net assets on the balance sheet as of September 2022 : HK$8.04 Billion

According to Switch's latest financial reports the company has HK$8.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Switch - Net assets on balance sheet (from 2016 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$6.13 B	10.81%
2020-12-31	$HK$5.53 B	-4.09%
2019-12-31	$HK$5.77 B	-5.85%
2018-12-31	$HK$6.13 B	-2.75%
2017-12-31	$HK$6.30 B	91.84%
2016-12-31	$HK$3.28 B	25.94%
2015-12-31	$HK$2.61 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LiveRamp RAMP	HK$7.25 B	-9.79%	🇺🇸 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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Switch (SWCH) - Net assets

Net assets on the balance sheet as of September 2022 : HK$8.04 Billion