G-bits Network Technology (603444.SS)

Net assets on the balance sheet as of September 2024 : A$1.23 Billion

According to G-bits Network Technology 's latest financial reports the company has A$1.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

G-bits Network Technology - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.00 B	-8.38%
2021-12-31	$A$1.09 B	29.31%
2020-12-31	$A$0.84 B	20.59%
2019-12-31	$A$0.70 B	8.6%
2018-12-31	$A$0.64 B	33.73%
2017-12-31	$A$0.48 B	17.9%
2016-12-31	$A$0.41 B	294.26%
2015-12-31	$A$0.10 B	56.23%
2014-12-31	$A$66.58 M	76.21%
2013-12-31	$A$37.79 M	25.1%
2012-12-31	$A$30.2 M	-38.22%
2011-12-31	$A$48.89 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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G-bits Network Technology (603444.SS) - Net assets