Infinities Tech (Jiu Zun Digital) (1961.HK)

Net assets on the balance sheet as of December 2023 : NZ$29.29 Million

According to Infinities Tech (Jiu Zun Digital)'s latest financial reports the company has NZ$29.29 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Infinities Tech (Jiu Zun Digital) - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$12.41 M	-61%
2021-12-31	$NZ$31.82 M	-33.81%
2020-12-31	$NZ$48.07 M	80.39%
2019-12-31	$NZ$26.65 M	45.75%
2018-12-31	$NZ$18.28 M	1.93%
2017-12-31	$NZ$17.94 M	-15.61%
2016-12-31	$NZ$21.25 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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Infinities Tech (Jiu Zun Digital) (1961.HK) - Net assets