Longfor Group (0960.HK)

Net assets on the balance sheet as of December 2023 : $33.45 Billion USD

According to Longfor Group's latest financial reports the company has $33.45 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Longfor Group - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$33.80 B	-2.9%
2021-12-31	$$34.82 B	17.84%
2020-12-31	$$29.54 B	23.84%
2019-12-31	$$23.85 B	16.53%
2018-12-31	$$20.47 B	25.46%
2017-12-31	$$16.32 B	50.87%
2016-12-31	$$10.81 B	12.24%
2015-12-31	$$9.63 B	18.71%
2014-12-31	$$8.11 B	23.53%
2013-12-31	$$6.57 B	25.79%
2012-12-31	$$5.22 B	36.29%
2011-12-31	$$3.83 B	45.98%
2010-12-31	$$2.62 B	35.5%
2009-12-31	$$1.93 B	234.8%
2008-12-31	$$0.57 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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Longfor Group (0960.HK) - Net assets