FGI Industries (FGI)

Net assets on the balance sheet as of September 2024 : HK$0.17 Billion

According to FGI Industries's latest financial reports the company has HK$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FGI Industries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.17 B	201.87%
2021-12-31	$HK$58.86 M	395.78%
2020-12-31	$HK$11.87 M	-57.89%
2019-12-31	$HK$28.19 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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FGI Industries (FGI) - Net assets