Hanryu Holdings (HRYU)

Net assets on the balance sheet as of December 2023 : A$19.6 M

According to Hanryu Holdings's latest financial reports the company has A$19.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hanryu Holdings - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$1.97 M	-155.88%
2021-12-31	$A$3.52 M	-129.43%
2020-12-31	$-A$11.98 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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Hanryu Holdings (HRYU) - Net assets