Avalon Technologies (AVALON.NS)

Net assets on the balance sheet as of March 2024 : HK$0.51 Billion

According to Avalon Technologies's latest financial reports the company has HK$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avalon Technologies - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-03-31	$HK$89.99 M	201.38%
2021-03-31	$HK$29.86 M	742.66%
2020-03-31	$HK$3.54 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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Avalon Technologies (AVALON.NS) - Net assets