PolyPeptide Group (PPGN.SW)

Net assets on the balance sheet as of December 2023 : NZ$0.74 Billion

According to PolyPeptide Group's latest financial reports the company has NZ$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PolyPeptide Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.66 B	-6.46%
2022-12-31	$NZ$0.71 B	2.02%
2021-12-31	$NZ$0.69 B	130.58%
2020-12-31	$NZ$0.30 B	21.86%
2019-12-31	$NZ$0.24 B	-1.32%
2018-12-31	$NZ$0.25 B

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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PolyPeptide Group (PPGN.SW) - Net assets