Longfor Group (0960.HK)

Net assets on the balance sheet as of December 2023 : A$53.50 Billion

According to Longfor Group's latest financial reports the company has A$53.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Longfor Group - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$49.68 B	3.44%
2021-12-31	$A$48.02 B	24.98%
2020-12-31	$A$38.42 B	12.76%
2019-12-31	$A$34.07 B	17.25%
2018-12-31	$A$29.06 B	39.03%
2017-12-31	$A$20.90 B	39.3%
2016-12-31	$A$15.00 B	13.43%
2015-12-31	$A$13.23 B	33.37%
2014-12-31	$A$9.92 B	34.63%
2013-12-31	$A$7.36 B	46.55%
2012-12-31	$A$5.02 B	34.48%
2011-12-31	$A$3.73 B	44.61%
2010-12-31	$A$2.58 B	19.83%
2009-12-31	$A$2.15 B	162.94%
2008-12-31	$A$0.82 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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Longfor Group (0960.HK) - Net assets