Action Construction Equipment (ACE.NS)

Net assets on the balance sheet as of March 2024 : HK$1.14 Billion

According to Action Construction Equipment's latest financial reports the company has HK$1.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Action Construction Equipment - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$0.87 B	12.99%
2022-03-31	$HK$0.77 B	40.49%
2021-03-31	$HK$0.55 B	21.67%
2020-03-31	$HK$0.45 B	-7.97%
2019-03-31	$HK$0.49 B	7.35%
2018-03-31	$HK$0.46 B	15.01%
2017-03-31	$HK$0.40 B	7.42%
2016-03-31	$HK$0.37 B	3.05%
2015-03-31	$HK$0.36 B	-2.85%
2014-03-31	$HK$0.37 B	-8.81%
2013-03-31	$HK$0.40 B	-4.82%
2012-03-31	$HK$0.42 B	-3.62%
2011-03-31	$HK$0.44 B	61.6%
2010-03-31	$HK$0.27 B	26.26%
2009-03-31	$HK$0.21 B	-14.06%
2008-03-31	$HK$0.25 B	32.29%
2007-03-31	$HK$0.19 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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Action Construction Equipment (ACE.NS) - Net assets