CMGE Technology Group (0302.HK)

Net assets on the balance sheet as of December 2023 : HK$6.25 Billion

According to CMGE Technology Group's latest financial reports the company has HK$6.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CMGE Technology Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$6.44 B	-9.05%
2021-12-31	$HK$7.08 B	24.25%
2020-12-31	$HK$5.70 B	37.9%
2019-12-31	$HK$4.13 B	95.09%
2018-12-31	$HK$2.12 B	94.58%
2017-12-31	$HK$1.09 B	41.54%
2016-12-31	$HK$0.77 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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CMGE Technology Group (0302.HK) - Net assets