HK Electric Investments (2638.HK)

Net assets on the balance sheet as of December 2023 : NZ$10.13 B

According to HK Electric Investments's latest financial reports the company has NZ$10.13 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HK Electric Investments - Net assets on balance sheet (from 2013 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$9.94 B	9.74%
2021-12-31	$NZ$9.06 B	5.85%
2020-12-31	$NZ$8.56 B	-7.2%
2019-12-31	$NZ$9.22 B	-0.54%
2018-12-31	$NZ$9.27 B	3.51%
2017-12-31	$NZ$8.96 B	-3.55%
2016-12-31	$NZ$9.29 B	0.44%
2015-12-31	$NZ$9.25 B	14.45%
2014-12-31	$NZ$8.08 B
2013-12-31	$N/A

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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HK Electric Investments (2638.HK) - Net assets