New World Development Company (0017.HK)

Net assets on the balance sheet as of June 2024 : $28.79 Billion USD

According to New World Development Company's latest financial reports the company has $28.79 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New World Development Company - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$34.25 B	-6.72%
2022-06-30	$$36.71 B	-6.29%
2021-06-30	$$39.18 B	8.56%
2020-06-30	$$36.09 B	2.42%
2019-06-30	$$35.24 B	8.39%
2018-06-30	$$32.51 B	14.85%
2017-06-30	$$28.31 B	9.34%
2016-06-30	$$25.89 B	-9.73%
2015-06-30	$$28.68 B	11.02%
2014-06-30	$$25.83 B	12.76%
2013-06-30	$$22.91 B	12.48%
2012-06-30	$$20.37 B	17.98%
2011-06-30	$$17.26 B	17.05%
2010-06-30	$$14.75 B	17.28%
2009-06-30	$$12.57 B	3.34%
2008-06-30	$$12.17 B	21.23%
2007-06-30	$$10.04 B	12.38%
2006-06-30	$$8.93 B	5.58%
2005-06-30	$$8.46 B	-3.23%
2004-06-30	$$8.74 B	9.34%
2003-06-30	$$7.99 B	-12.88%
2002-06-30	$$9.18 B	-4.57%
2001-06-30	$$9.62 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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New World Development Company (0017.HK) - Net assets