Pacific Basin Shipping (2343.HK)

Net assets on the balance sheet as of December 2023 : $1.79 Billion USD

According to Pacific Basin Shipping's latest financial reports the company has $1.79 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pacific Basin Shipping - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.79 B	-5.74%
2022-12-31	$$1.90 B	4.16%
2021-12-31	$$1.83 B	72.03%
2020-12-31	$$1.06 B	-16.57%
2019-12-31	$$1.27 B	3.63%
2018-12-31	$$1.23 B	6.03%
2017-12-31	$$1.16 B	11.56%
2016-12-31	$$1.04 B	7.19%
2015-12-31	$$0.97 B	-3.08%
2014-12-31	$$1.00 B	-23.2%
2013-12-31	$$1.30 B	-2.08%
2012-12-31	$$1.33 B	-10.3%
2011-12-31	$$1.48 B	-3.88%
2010-12-31	$$1.54 B	6.14%
2009-12-31	$$1.45 B	19.44%
2008-12-31	$$1.21 B	40.47%
2007-12-31	$$0.86 B	78.88%
2006-12-31	$$0.48 B	56.82%
2005-12-31	$$0.30 B	32.98%
2004-12-31	$$0.23 B	498.11%
2003-12-31	$$38.88 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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Pacific Basin Shipping (2343.HK) - Net assets