VIP Gloves (VIP.AX) - Net assets

Net assets on the balance sheet as of June 2023 : HK$1.7 Million

According to VIP Gloves's latest financial reports the company has HK$1.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VIP Gloves - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$1.71 M	-97.68%
2022-06-30	$HK$73.78 M	-35.72%
2021-06-30	$HK$0.11 B	122.26%
2020-06-30	$HK$51.63 M	51.72%
2019-06-30	$HK$34.03 M	25.87%
2018-06-30	$HK$27.03 M	-21.04%
2017-06-30	$HK$34.24 M	-10.07%
2016-06-30	$HK$38.08 M	-802.83%
2015-06-30	$-HK$5.42 Million	-5.09%
2014-06-30	$-HK$5.71 Million	15.68%
2013-06-30	$-HK$4.94 Million
2011-06-30	$-HK$4.95 Million	19.48%
2010-06-30	$-HK$4.14 Million	-57.04%
2009-06-30	$-HK$9.63 Million	4.07%
2008-06-30	$-HK$9.25 Million	30.36%
2007-06-30	$-HK$7.1 Million	-156.94%
2006-06-30	$HK$12.46 M	-116.15%
2005-06-30	$-HK$77.19 Million	-539.62%
2004-06-30	$HK$17.55 M	-19.88%
2003-06-30	$HK$21.91 M	-34.05%
2002-06-30	$HK$33.22 M	-40.28%
2001-06-30	$HK$55.63 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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