Basic-Fit (BFIT.AS) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$3.46 Billion

According to Basic-Fit's latest financial reports the company has HK$3.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Basic-Fit - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$3.39 B	-6.29%
2021-12-31	$HK$3.62 B	22.39%
2020-12-31	$HK$2.96 B	10.79%
2019-12-31	$HK$2.67 B	1.19%
2018-12-31	$HK$2.64 B	-1.1%
2017-12-31	$HK$2.67 B	7.36%
2016-12-31	$HK$2.48 B	-1344.46%
2015-12-31	$-HK$0.2 Billion	4887.47%
2014-12-31	$-HK$4.01 Million	-101.62%
2013-12-31	$HK$0.24 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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Basic-Fit (BFIT.AS) - Net assets