NZME Limited (NZM.NZ)

Net assets on the balance sheet as of December 2023 : HK$0.65 Billion

According to NZME Limited's latest financial reports the company has HK$0.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NZME Limited - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.65 B	-4.29%
2022-12-31	$HK$0.68 B	-18.32%
2021-12-31	$HK$0.83 B	13.26%
2020-12-31	$HK$0.73 B	20.94%
2019-12-31	$HK$0.61 B	-59.43%
2018-12-31	$HK$1.50 B	-6.12%
2017-12-31	$HK$1.60 B	4.56%
2016-12-31	$HK$1.53 B	3.05%
2015-12-31	$HK$1.48 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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NZME Limited (NZM.NZ) - Net assets