Italian Wine Brands (IWB.MI)

Net assets on the balance sheet as of December 2023 : HK$1.79 Billion

According to Italian Wine Brands's latest financial reports the company has HK$1.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Italian Wine Brands - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.80 B	11.63%
2022-12-31	$HK$1.62 B	14.7%
2021-12-31	$HK$1.41 B	41.73%
2020-12-31	$HK$0.99 B	28.05%
2019-12-31	$HK$0.77 B	3.08%
2018-12-31	$HK$0.75 B	-1.33%
2017-12-31	$HK$0.76 B	23.17%
2016-12-31	$HK$0.62 B	1.85%
2015-12-31	$HK$0.60 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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Italian Wine Brands (IWB.MI) - Net assets