Shenzhen Inovance (300124.SZ)

Net assets on the balance sheet as of September 2024 : $3.83 Billion USD

According to Shenzhen Inovance's latest financial reports the company has $3.83 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shenzhen Inovance - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$2.91 B	13.79%
2021-12-31	$$2.56 B	51.73%
2020-12-31	$$1.68 B	31.87%
2019-12-31	$$1.28 B	32.79%
2018-12-31	$$0.96 B	9.59%
2017-12-31	$$0.88 B	22.66%
2016-12-31	$$0.71 B	8.4%
2015-12-31	$$0.66 B	12.41%
2014-12-31	$$0.58 B	10.2%
2013-12-31	$$0.53 B	23.11%
2012-12-31	$$0.43 B	8.51%
2011-12-31	$$0.39 B	15.22%
2010-12-31	$$0.34 B	998.39%
2009-12-31	$$31.6 M	69.6%
2008-12-31	$$18.63 M	59.89%
2007-12-31	$$11.65 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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Shenzhen Inovance (300124.SZ) - Net assets