Mengniu Dairy (2319.HK)

Net assets on the balance sheet as of December 2023 : A$10.97 Billion

According to Mengniu Dairy 's latest financial reports the company has A$10.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mengniu Dairy - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$10.66 B	17.3%
2021-12-31	$A$9.09 B	22.41%
2020-12-31	$A$7.42 B	8.93%
2019-12-31	$A$6.81 B	8.43%
2018-12-31	$A$6.28 B	17.82%
2017-12-31	$A$5.33 B	4.74%
2016-12-31	$A$5.09 B	-9.61%
2015-12-31	$A$5.63 B	16.63%
2014-12-31	$A$4.83 B	44.86%
2013-12-31	$A$3.33 B	64.76%
2012-12-31	$A$2.02 B	8.31%
2011-12-31	$A$1.86 B	22.91%
2010-12-31	$A$1.52 B	4.74%
2009-12-31	$A$1.45 B	47.35%
2008-12-31	$A$0.98 B	7.73%
2007-12-31	$A$0.91 B	54.99%
2006-12-31	$A$0.59 B	25.95%
2005-12-31	$A$0.46 B	30.19%
2004-12-31	$A$0.36 B	157.33%
2003-12-31	$A$0.13 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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Mengniu Dairy (2319.HK) - Net assets