Luzhou Laojiao (000568.SZ)

Net assets on the balance sheet as of September 2024 : $6.50 Billion USD

According to Luzhou Laojiao's latest financial reports the company has $6.50 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luzhou Laojiao - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$4.97 B	12.72%
2021-12-31	$$4.41 B	24.24%
2020-12-31	$$3.55 B	26.97%
2019-12-31	$$2.79 B	12.16%
2018-12-31	$$2.49 B	6.04%
2017-12-31	$$2.35 B	47.19%
2016-12-31	$$1.59 B	0.02%
2015-12-31	$$1.59 B	1.08%
2014-12-31	$$1.58 B	-10.07%
2013-12-31	$$1.75 B	12.22%
2012-12-31	$$1.56 B	36.33%
2011-12-31	$$1.14 B	36.65%
2010-12-31	$$0.84 B	34.74%
2009-12-31	$$0.62 B	21.78%
2008-12-31	$$0.51 B	37.94%
2007-12-31	$$0.37 B	29.23%
2006-12-31	$$0.28 B	49.01%
2005-12-31	$$0.19 B	3.15%
2004-12-31	$$0.18 B	2.37%
2003-12-31	$$0.18 B	-0.66%
2002-12-31	$$0.18 B	18.87%
2001-12-31	$$0.15 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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Luzhou Laojiao (000568.SZ) - Net assets