HBL Power Systems (HBLPOWER.NS)

Net assets on the balance sheet as of March 2024 : HK$1.13 Billion

According to HBL Power Systems's latest financial reports the company has HK$1.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HBL Power Systems - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$0.90 B	1.79%
2022-03-31	$HK$0.89 B	7.94%
2021-03-31	$HK$0.82 B	4.16%
2020-03-31	$HK$0.79 B	-8.25%
2019-03-31	$HK$0.86 B	-4.2%
2018-03-31	$HK$0.90 B	3.62%
2017-03-31	$HK$0.87 B	26.72%
2016-03-31	$HK$0.68 B	-2.52%
2015-03-31	$HK$0.70 B	-2.78%
2014-03-31	$HK$0.72 B	-20.87%
2013-03-31	$HK$0.91 B	-1.43%
2012-03-31	$HK$0.93 B	-19.31%
2011-03-31	$HK$1.15 B	30.98%
2010-03-31	$HK$0.88 B	50.36%
2009-03-31	$HK$0.58 B	-0.47%
2008-03-31	$HK$0.58 B	35.68%
2007-03-31	$HK$0.43 B

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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HBL Power Systems (HBLPOWER.NS) - Net assets