Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2023 : HK$0.14 B

According to Encounter Resources's latest financial reports the company has HK$0.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$0.15 B	71.42%
2022-06-30	$HK$87.86 M	-29.86%
2021-06-30	$HK$0.12 B	43.58%
2020-06-30	$HK$87.24 M	1.13%
2019-06-30	$HK$86.26 M	-0.43%
2018-06-30	$HK$86.64 M	-34.33%
2017-06-30	$HK$0.13 B	14.73%
2016-06-30	$HK$0.11 B	-15.69%
2015-06-30	$HK$0.13 B	-15.16%
2014-06-30	$HK$0.16 B	1.14%
2013-06-30	$HK$0.15 B	0.42%
2012-06-30	$HK$0.15 B	28.78%
2011-06-30	$HK$0.12 B	118.81%
2010-06-30	$HK$56.17 M	48.51%
2009-06-30	$HK$37.82 M	-35.04%
2008-06-30	$HK$58.23 M	3.73%
2007-06-30	$HK$56.13 M	101.99%
2006-06-30	$HK$27.79 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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Encounter Resources (ENR.AX) - Net assets