O.Y. Nofar Energy (NOFR.TA)

Net assets on the balance sheet as of June 2024 : HK$5.60 Billion

According to O.Y. Nofar Energy's latest financial reports the company has HK$5.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

O.Y. Nofar Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$6.01 B	7.46%
2022-12-31	$HK$5.59 B	53.93%
2021-12-31	$HK$3.63 B	82.67%
2020-12-31	$HK$1.98 B	1931.01%
2019-12-31	$HK$97.96 M	140.42%
2018-12-31	$HK$40.74 M

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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O.Y. Nofar Energy (NOFR.TA) - Net assets