Infinities Tech (Jiu Zun Digital) (1961.HK)

Net assets on the balance sheet as of December 2023 : S$22.4 Million

According to Infinities Tech (Jiu Zun Digital)'s latest financial reports the company has S$22.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Infinities Tech (Jiu Zun Digital) - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$10.56 M	-64.05%
2021-12-31	$S$29.38 M	-35.97%
2020-12-31	$S$45.89 M	89.64%
2019-12-31	$S$24.2 M	44.41%
2018-12-31	$S$16.75 M	-1.67%
2017-12-31	$S$17.04 M	-20.04%
2016-12-31	$S$21.31 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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Infinities Tech (Jiu Zun Digital) (1961.HK) - Net assets