22nd Century Group (XXII) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$7.45 M

According to 22nd Century Group 's latest financial reports the company has -HK$7.45 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

22nd Century Group - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.74 B	45.55%
2021-12-31	$HK$0.51 B	50.64%
2020-12-31	$HK$0.34 B	-29.23%
2019-12-31	$HK$0.48 B	-13.41%
2018-12-31	$HK$0.55 B	-5.28%
2017-12-31	$HK$0.58 B	212.29%
2016-12-31	$HK$0.18 B	107.59%
2015-12-31	$HK$90.9 M	-23.02%
2014-12-31	$HK$0.11 B	102.42%
2013-12-31	$HK$58.33 M	-222.75%
2012-12-31	$-HK$47.53 M	404.78%
2011-12-31	$-HK$9.42 M
2010-09-30	$-HK$1.36 M	106.68%
2009-09-30	$-HK$0.66 M	190.82%
2008-09-30	$-HK$0.23 M	-1021.75%
2007-09-30	$HK$0.02 M	-286.23%
2006-09-30	$-HK$0.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Altria Group MO	-HK$23.13 B	310,475.92%	🇺🇸 USA
Philip Morris PM	-HK$61.91 B	831,523.04%	🇺🇸 USA
Vector Group VGR	-HK$5.57 B	74,595.92%	🇺🇸 USA
British American Tobacco BTI	HK$525.68 B	-7,061,660.21%	🇬🇧 UK

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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