The Platform Group (TPG.F)

Net assets on the balance sheet as of December 2023 : HK$0.70 Billion

According to The Platform Group's latest financial reports the company has HK$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Platform Group - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.70 B	78.27%
2022-12-31	$HK$0.39 B	-12.36%
2021-12-31	$HK$0.45 B	-9.93%
2020-12-31	$HK$0.50 B	335.23%
2019-12-31	$HK$0.11 B	22.17%
2018-12-31	$HK$94.16 M	-62.23%
2017-12-31	$HK$0.24 B	13.59%
2016-12-31	$HK$0.21 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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The Platform Group (TPG.F) - Net assets