Northann Corp (NCL) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$10.8 Million

According to Northann Corp's latest financial reports the company has HK$10.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Northann Corp - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.55 M	-70.49%
2022-12-31	$HK$15.42 M	-590.75%
2021-12-31	$-HK$3.15 Million	-60.98%
2020-12-31	$-HK$8.06 Million

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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Northann Corp (NCL) - Net assets