Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : S$4.05 Billion

According to Daido Steel's latest financial reports the company has S$4.05 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Daido Steel - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$4.55 B	4.19%
2022-03-31	$S$4.37 B	5.59%
2021-03-31	$S$4.14 B	1.72%
2020-03-31	$S$4.07 B	4.88%
2019-03-31	$S$3.88 B	-0.4%
2018-03-31	$S$3.90 B	7.4%
2017-03-31	$S$3.63 B	12.54%
2016-03-31	$S$3.22 B	-3.74%
2015-03-31	$S$3.35 B	2.33%
2014-03-31	$S$3.27 B	1.3%
2013-03-31	$S$3.23 B	-7.9%
2012-03-31	$S$3.51 B	10.31%
2011-03-31	$S$3.18 B	12.38%
2010-03-31	$S$2.83 B	-5.82%
2009-03-31	$S$3.00 B	-0.13%
2008-03-31	$S$3.01 B	13.85%
2007-03-31	$S$2.64 B	1.91%
2006-03-31	$S$2.59 B	16.8%
2005-03-31	$S$2.22 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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Daido Steel (5471.T) - Net assets