Group Five Pipe Saudi Company (9523.SR)

Net assets on the balance sheet as of December 2023 : A$0.13 Billion

According to Group Five Pipe Saudi Company's latest financial reports the company has A$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Group Five Pipe Saudi Company - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.13 B	0.22%
2022-12-31	$A$0.13 B	6.31%
2021-12-31	$A$0.12 B	18.55%
2020-12-31	$A$0.10 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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Group Five Pipe Saudi Company (9523.SR) - Net assets