Forian (FORA) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$0.20 Billion

According to Forian's latest financial reports the company has HK$0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$97.05 M	-50.55%
2021-12-31	$HK$0.19 B	124.71%
2020-12-31	$HK$87.34 M	-4090.72%
2019-12-31	$-HK$2.19 Million

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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Forian (FORA) - Net assets