Bytes Technology (BYIT.L)

Net assets on the balance sheet as of February 2024 : HK$0.77 Billion

According to Bytes Technology's latest financial reports the company has HK$0.77 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bytes Technology - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-02-28	$HK$0.58 B	17.16%
2022-02-28	$HK$0.49 B	174.56%
2021-02-28	$HK$0.18 B
2020-02-29	$HK$0.36 B
2019-02-28	$HK$0.44 B	20.39%
2018-02-28	$HK$0.36 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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Bytes Technology (BYIT.L) - Net assets