Neo-Concept International Group (NCI)

Net assets on the balance sheet as of December 2023 : -$0.31 M

According to Neo-Concept International Group's latest financial reports the company has -$0.31 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Neo-Concept International Group - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-$7.78 M	-19.75%
2021-12-31	$-$9.7 M	-4.47%
2020-12-31	$-$10.15 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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Neo-Concept International Group (NCI) - Net assets