Italgas (IG.MI) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$22.39 Billion

According to Italgas's latest financial reports the company has HK$22.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Italgas - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$20.03 B	5.9%
2021-12-31	$HK$18.91 B	0.34%
2020-12-31	$HK$18.85 B	20.4%
2019-12-31	$HK$15.65 B	31.5%
2018-12-31	$HK$11.90 B	7.15%
2017-12-31	$HK$11.11 B	28.03%
2016-12-31	$HK$8.68 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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Italgas (IG.MI) - Net assets