Pacific Basin Shipping (2343.HK)

Net assets on the balance sheet as of December 2023 : €1.67 Billion

According to Pacific Basin Shipping's latest financial reports the company has €1.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pacific Basin Shipping - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$€1.62 B	-8.53%
2022-12-31	$€1.77 B	9.97%
2021-12-31	$€1.61 B	86.83%
2020-12-31	$€0.86 B	-24.02%
2019-12-31	$€1.13 B	5.83%
2018-12-31	$€1.07 B	11.21%
2017-12-31	$€0.96 B	-2.2%
2016-12-31	$€0.98 B	11.43%
2015-12-31	$€0.88 B	7.81%
2014-12-31	$€0.82 B	-12.79%
2013-12-31	$€0.94 B	-6.21%
2012-12-31	$€1.00 B	-11.93%
2011-12-31	$€1.14 B	-1.55%
2010-12-31	$€1.16 B	14.32%
2009-12-31	$€1.01 B	16.54%
2008-12-31	$€0.87 B	46.71%
2007-12-31	$€0.59 B	61.66%
2006-12-31	$€0.36 B	40.78%
2005-12-31	$€0.26 B	52.28%
2004-12-31	$€0.17 B	455.12%
2003-12-31	$€30.88 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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Pacific Basin Shipping (2343.HK) - Net assets