Nine Dragons Paper (2689.HK)

Net assets on the balance sheet as of June 2024 : $6.67 Billion USD

According to Nine Dragons Paper's latest financial reports the company has $6.67 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Dragons Paper - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$6.67 B	7.07%
2023-06-30	$$6.23 B	-12.13%
2022-06-30	$$7.09 B	-1.31%
2021-06-30	$$7.18 B	24.44%
2020-06-30	$$5.77 B	3.28%
2019-06-30	$$5.59 B	2.14%
2018-06-30	$$5.47 B	23.34%
2017-06-30	$$4.43 B	11.52%
2016-06-30	$$3.98 B	-3.46%
2015-06-30	$$4.12 B	3.81%
2014-06-30	$$3.97 B	4.53%
2013-06-30	$$3.79 B	9.82%
2012-06-30	$$3.45 B	6.37%
2011-06-30	$$3.25 B	13.65%
2010-06-30	$$2.86 B	31.1%
2009-06-30	$$2.18 B	10.29%
2008-06-30	$$1.97 B	29.18%
2007-06-30	$$1.53 B	60.31%
2006-06-30	$$0.95 B	228.15%
2005-06-30	$$0.29 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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Nine Dragons Paper (2689.HK) - Net assets