Latitude Group Holdings (LFS.AX)

Net assets on the balance sheet as of December 2023 : HK$6.53 Billion

According to Latitude Group Holdings's latest financial reports the company has HK$6.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Latitude Group Holdings - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$6.56 B	-16.21%
2022-12-31	$HK$7.83 B	-11.41%
2021-12-31	$HK$8.84 B	20.74%
2020-12-31	$HK$7.32 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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Latitude Group Holdings (LFS.AX) - Net assets