Middle East Specialized Cables Company (2370.SR)

Net assets on the balance sheet as of June 2024 : HK$0.88 Billion

According to Middle East Specialized Cables Company's latest financial reports the company has HK$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Middle East Specialized Cables Company - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.78 B	15.37%
2022-12-31	$HK$0.68 B	-2.99%
2021-12-31	$HK$0.70 B	-5.8%
2020-12-31	$HK$0.74 B	-0.02%
2019-12-31	$HK$0.74 B	-7.01%
2018-12-31	$HK$0.80 B	-17.13%
2017-12-31	$HK$0.96 B	5.56%
2016-12-31	$HK$0.91 B
2015-12-31	$N/A	-100%
2014-12-31	$HK$0.95 B	-8.2%
2013-12-31	$HK$1.04 B	71.02%
2012-12-31	$HK$0.61 B	5.81%
2011-12-31	$HK$0.57 B	-36.21%
2010-12-31	$HK$0.90 B	-31.02%
2009-12-31	$HK$1.31 B	5.92%
2008-12-31	$HK$1.23 B	3.41%
2007-12-31	$HK$1.19 B	43.8%
2006-12-31	$HK$0.83 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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Middle East Specialized Cables Company (2370.SR) - Net assets