Kingnet Network (002517.SZ)

Net assets on the balance sheet as of September 2024 : NZ$1.53 Billion

According to Kingnet Network's latest financial reports the company has NZ$1.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingnet Network - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.03 B	20.43%
2021-12-31	$NZ$0.86 B	34.74%
2020-12-31	$NZ$0.63 B	4.82%
2019-12-31	$NZ$0.60 B	-44.66%
2018-12-31	$NZ$1.10 B	0.39%
2017-12-31	$NZ$1.09 B	55.86%
2016-12-31	$NZ$0.70 B	306.75%
2015-12-31	$NZ$0.17 B	1865.83%
2014-12-31	$NZ$8.8 M	-93.29%
2013-12-31	$NZ$0.13 B	3.86%
2012-12-31	$NZ$0.12 B	3.29%
2011-12-31	$NZ$0.12 B	6.33%
2010-12-31	$NZ$0.11 B	305.01%
2009-12-31	$NZ$28.41 M	-7.88%
2008-12-31	$NZ$30.84 M	87.11%
2007-12-31	$NZ$16.48 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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Kingnet Network (002517.SZ) - Net assets