Sino-Entertainment Technology (6933.HK)

Net assets on the balance sheet as of December 2023 : ₹1.24 Billion

According to Sino-Entertainment Technology's latest financial reports the company has ₹1.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sino-Entertainment Technology - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹2.38 B	-29.02%
2021-12-31	$₹3.35 B	3.28%
2020-12-31	$₹3.24 B	146.82%
2019-12-31	$₹1.31 B	65%
2018-12-31	$₹0.79 B	108.34%
2017-12-31	$₹0.38 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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Sino-Entertainment Technology (6933.HK) - Net assets