Infinities Tech (Jiu Zun Digital) (1961.HK)

Net assets on the balance sheet as of December 2023 : $16.47 Million USD

According to Infinities Tech (Jiu Zun Digital)'s latest financial reports the company has $16.47 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Infinities Tech (Jiu Zun Digital) - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$7.87 M	-63.75%
2021-12-31	$$21.73 M	-37.34%
2020-12-31	$$34.69 M	93.26%
2019-12-31	$$17.95 M	46.34%
2018-12-31	$$12.26 M	-3.73%
2017-12-31	$$12.74 M	-13.48%
2016-12-31	$$14.72 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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Infinities Tech (Jiu Zun Digital) (1961.HK) - Net assets