Technip Energies (TE.PA)

Net assets on the balance sheet as of December 2023 : HK$16.79 Billion

According to Technip Energies's latest financial reports the company has HK$16.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Technip Energies - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$16.84 B	15.76%
2022-12-31	$HK$14.55 B	9.4%
2021-12-31	$HK$13.30 B	-23.59%
2020-12-31	$HK$17.40 B	11.83%
2019-12-31	$HK$15.56 B	1.11%
2018-12-31	$HK$15.39 B	-26.4%
2017-12-31	$HK$20.91 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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Technip Energies (TE.PA) - Net assets