Turning Point Brands (TPB)

Net assets on the balance sheet as of June 2024 : HK$1.35 B

According to Turning Point Brands's latest financial reports the company has HK$1.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turning Point Brands - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.18 B	34.01%
2022-12-31	$HK$0.88 B	-15.04%
2021-12-31	$HK$1.04 B	14.46%
2020-12-31	$HK$0.91 B	9.73%
2019-12-31	$HK$0.83 B	28.31%
2018-12-31	$HK$0.64 B	55.3%
2017-12-31	$HK$0.41 B	57.75%
2016-12-31	$HK$0.26 B	-141.75%
2015-12-31	$-HK$0.64 B	-10.97%
2014-12-31	$-HK$0.72 B	44.43%
2013-12-31	$-HK$0.5 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	HK$16.78 B	1,138.03%	🇨🇳 China
Turning Point Brands TPB	HK$1.35 B	0.00%	🇺🇸 USA
Vector Group VGR	-HK$5.57 B	-510.10%	🇺🇸 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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Turning Point Brands (TPB) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.35 B