California BanCorp (CALB)

Net assets on the balance sheet as of March 2024 : HK$1.56 Billion

According to California BanCorp's latest financial reports the company has HK$1.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

California BanCorp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.34 B	14.49%
2021-12-31	$HK$1.17 B	11.16%
2020-12-31	$HK$1.05 B	4.24%
2019-12-31	$HK$1.01 B	6.99%
2018-12-31	$HK$0.94 B	43.21%
2017-12-31	$HK$0.66 B	11.51%
2016-12-31	$HK$0.59 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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California BanCorp (CALB) - Net assets