FriendTimes (6820.HK)

Net assets on the balance sheet as of December 2023 : NZ$0.29 Billion

According to FriendTimes's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FriendTimes - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.34 B	-9.63%
2021-12-31	$NZ$0.37 B	13.65%
2020-12-31	$NZ$0.33 B	19.83%
2019-12-31	$NZ$0.27 B	123.44%
2018-12-31	$NZ$0.12 B	61.46%
2017-12-31	$NZ$76.99 M	43.1%
2016-12-31	$NZ$53.8 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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FriendTimes (6820.HK) - Net assets