Kingnet Network (002517.SZ)

Net assets on the balance sheet as of September 2024 : HK$6.71 Billion

According to Kingnet Network's latest financial reports the company has HK$6.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kingnet Network - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$5.14 B	12.16%
2021-12-31	$HK$4.58 B	28.29%
2020-12-31	$HK$3.57 B	11.78%
2019-12-31	$HK$3.19 B	-44.74%
2018-12-31	$HK$5.78 B	-4.96%
2017-12-31	$HK$6.09 B	61.01%
2016-12-31	$HK$3.78 B	311.87%
2015-12-31	$HK$0.91 B	1615.92%
2014-12-31	$HK$53.53 M	-93.6%
2013-12-31	$HK$0.83 B	3.79%
2012-12-31	$HK$0.80 B	8.66%
2011-12-31	$HK$0.74 B	7.36%
2010-12-31	$HK$0.69 B	331.78%
2009-12-31	$HK$0.16 B	15.69%
2008-12-31	$HK$0.13 B	40.49%
2007-12-31	$HK$98.45 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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Kingnet Network (002517.SZ) - Net assets