Hanryu Holdings (HRYU)

Net assets on the balance sheet as of September 2024 : A$16.53 Million

According to Hanryu Holdings's latest financial reports the company has A$16.53 Million 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 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$1.97 Million	-155.72%
2021-12-31	$A$3.53 M	-129.45%
2020-12-31	$-A$12.01 Million

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