Varia US Properties (VARN.SW)

Net assets on the balance sheet as of June 2024 : HK$2.80 Billion

According to Varia US Properties's latest financial reports the company has HK$2.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Varia US Properties - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.10 B	-34.79%
2022-12-31	$HK$4.75 B	18.62%
2021-12-31	$HK$4.01 B	32.78%
2020-12-31	$HK$3.02 B	15.32%
2019-12-31	$HK$2.61 B	0.04%
2018-12-31	$HK$2.61 B	23.94%
2017-12-31	$HK$2.11 B	21.07%
2016-12-31	$HK$1.74 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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Varia US Properties (VARN.SW) - Net assets