Netwealth (NWL.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.75 Billion

According to Netwealth's latest financial reports the company has HK$0.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Netwealth - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$0.63 B	13.46%
2022-06-30	$HK$0.56 B	3.54%
2021-06-30	$HK$0.54 B	34.23%
2020-06-30	$HK$0.40 B	15.59%
2019-06-30	$HK$0.35 B	-10.56%
2018-06-30	$HK$0.39 B	70.43%
2017-06-30	$HK$0.22 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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Netwealth (NWL.AX) - Net assets