Kingnet Network (002517.SZ)

Net assets on the balance sheet as of September 2024 : C$1.24 Billion

According to Kingnet Network's latest financial reports the company has C$1.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingnet Network - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.89 B	19.19%
2021-12-31	$C$0.74 B	27.48%
2020-12-31	$C$0.58 B	9.63%
2019-12-31	$C$0.53 B	-46.73%
2018-12-31	$C$1.00 B	2.74%
2017-12-31	$C$0.98 B	49.5%
2016-12-31	$C$0.65 B	298.8%
2015-12-31	$C$0.16 B	1952.68%
2014-12-31	$C$8 M	-93.03%
2013-12-31	$C$0.11 B	11.07%
2012-12-31	$C$0.10 B	6.44%
2011-12-31	$C$97.14 M	9.46%
2010-12-31	$C$88.75 M	308.69%
2009-12-31	$C$21.71 M	-0.22%
2008-12-31	$C$21.76 M	72.77%
2007-12-31	$C$12.59 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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Kingnet Network (002517.SZ) - Net assets