Turbo Energy (TURB) - Net Assets

Net assets on the balance sheet as of December 2024 : HK$21.21 Million

According to Turbo Energy's latest financial reports the company has HK$21.21 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turbo Energy - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$21.19 M	-53.3%
2023-12-31	$HK$45.38 M	38.29%
2022-12-31	$HK$32.82 M	859.02%
2021-12-31	$HK$3.42 M

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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Turbo Energy (TURB) - Net assets