Alliance Entertainment (AENT)

Net assets on the balance sheet as of September 2024 : HK$0.68 Billion

According to Alliance Entertainment's latest financial reports the company has HK$0.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Alliance Entertainment - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$0.62 B	-27.05%
2022-12-31	$HK$0.89 B	2.84%
2022-06-30	$HK$0.85 B	37.09%
2021-12-31	$HK$0.87 B
2021-06-30	$HK$0.62 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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Alliance Entertainment (AENT) - Net assets