Fire Rock (1909.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : S$24.41 Million

According to Fire Rock's latest financial reports the company has S$24.41 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fire Rock - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$72.28 Million	-8.5%
2021-12-31	$-S$79 Million

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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Fire Rock (1909.HK) - Net assets