G-bits Network Technology (603444.SS)

Net assets on the balance sheet as of June 2024 : NZ$1.25 Billion

According to G-bits Network Technology 's latest financial reports the company has NZ$1.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

G-bits Network Technology - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.07 B	-7.48%
2021-12-31	$NZ$1.16 B	28.79%
2020-12-31	$NZ$0.90 B	23.62%
2019-12-31	$NZ$0.73 B	7.5%
2018-12-31	$NZ$0.67 B	27.77%
2017-12-31	$NZ$0.53 B	24.55%
2016-12-31	$NZ$0.42 B	285.46%
2015-12-31	$NZ$0.11 B	59.21%
2014-12-31	$NZ$69.55 M	69.56%
2013-12-31	$NZ$41.01 M	7.49%
2012-12-31	$NZ$38.16 M	-40.6%
2011-12-31	$NZ$64.23 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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G-bits Network Technology (603444.SS) - Net assets