Norion Bank (NORION.ST)

Net assets on the balance sheet as of September 2024 : HK$6.75 Billion

According to Norion Bank's latest financial reports the company has HK$6.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$6.43 B	21.21%
2022-12-31	$HK$5.31 B	4.18%
2021-12-31	$HK$5.09 B	14.43%
2020-12-31	$HK$4.45 B	69.79%
2019-12-31	$HK$2.62 B	-10.64%
2018-12-31	$HK$2.93 B	1.22%
2017-12-31	$HK$2.90 B	31.72%
2016-12-31	$HK$2.20 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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Norion Bank (NORION.ST) - Net assets