CMGE Technology Group (0302.HK)

Net assets on the balance sheet as of December 2023 : A$1.28 Billion

According to CMGE Technology Group's latest financial reports the company has A$1.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CMGE Technology Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.21 B	-3.3%
2021-12-31	$A$1.25 B	31.02%
2020-12-31	$A$0.95 B	26.15%
2019-12-31	$A$0.75 B	97.38%
2018-12-31	$A$0.38 B	115.15%
2017-12-31	$A$0.17 B	29.71%
2016-12-31	$A$0.13 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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CMGE Technology Group (0302.HK) - Net assets