Nickel Industries Limited (NIC.AX)

Net assets on the balance sheet as of December 2023 : HK$22.58 Billion

According to Nickel Industries Limited's latest financial reports the company has HK$22.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nickel Industries Limited - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$22.70 B	60.12%
2022-12-31	$HK$14.17 B	88.58%
2021-12-31	$HK$7.51 B	16.11%
2020-12-31	$HK$6.47 B
2019-06-30	$HK$3.55 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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Nickel Industries Limited (NIC.AX) - Net assets