Grenergy Renovables (GRE.MC)

Net assets on the balance sheet as of December 2023 : HK$2.95 Billion

According to Grenergy Renovables's latest financial reports the company has HK$2.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grenergy Renovables - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.96 B	44.64%
2022-12-31	$HK$2.05 B	46.4%
2021-12-31	$HK$1.40 B	200.98%
2020-12-31	$HK$0.46 B	43.87%
2019-12-31	$HK$0.32 B	42.74%
2018-12-31	$HK$0.22 B	50.77%
2017-12-31	$HK$0.15 B	37.63%
2016-12-31	$HK$0.10 B	3.7%
2015-12-31	$HK$0.10 B	56.5%
2014-12-31	$HK$67.32 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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Grenergy Renovables (GRE.MC) - Net assets