Volvo Car (VOLCAR-B.ST)

Net assets on the balance sheet as of September 2024 : HK$110.40 Billion

According to Volvo Car's latest financial reports the company has HK$110.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Volvo Car - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$101.19 B	14.83%
2022-12-31	$HK$88.12 B	8.18%
2021-12-31	$HK$81.46 B	22.2%
2020-12-31	$HK$66.66 B	25.67%
2019-12-31	$HK$53.04 B	-0.69%
2018-12-31	$HK$53.41 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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Volvo Car (VOLCAR-B.ST) - Net assets