Fragbite Group (FRAG.ST)

Net assets on the balance sheet as of June 2024 : HK$65.91 Million

According to Fragbite Group's latest financial reports the company has HK$65.91 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.12 B	-30.73%
2021-12-31	$HK$0.17 B	173.5%
2020-12-31	$HK$64.05 M	390.3%
2019-12-31	$HK$13.06 M

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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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Fragbite Group (FRAG.ST) - Net assets