Omega Flex (OFLX) - Net assets

Net assets on the balance sheet as of September 2024 : HK$0.63 Billion

According to Omega Flex's latest financial reports the company has HK$0.63 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Omega Flex - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.61 B	10.74%
2022-12-31	$HK$0.55 B	17.8%
2021-12-31	$HK$0.47 B	31.31%
2020-12-31	$HK$0.35 B	22.85%
2019-12-31	$HK$0.29 B	-43.65%
2018-12-31	$HK$0.51 B	18.56%
2017-12-31	$HK$0.43 B	22.64%
2016-12-31	$HK$0.35 B	11.98%
2015-12-31	$HK$0.31 B	21.06%
2014-12-31	$HK$0.26 B	32.57%
2013-12-31	$HK$0.19 B	29.88%
2012-12-31	$HK$0.15 B	-14.03%
2011-12-31	$HK$0.17 B	25.22%
2010-12-31	$HK$0.14 B	32.79%
2009-12-31	$HK$0.10 B	-52.86%
2008-12-31	$HK$0.22 B	1.58%
2007-12-31	$HK$0.22 B	3.75%
2006-12-31	$HK$0.21 B	6.84%
2005-12-31	$HK$0.20 B	8.1%
2004-12-31	$HK$0.18 B	-6.06%
2003-12-31	$HK$0.19 B	19.96%
2002-12-31	$HK$0.16 B	20.17%
2001-12-31	$HK$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Crane Co. CR	HK$12.26 B	1,821.06%	🇺🇸 USA
Parker-Hannifin PH	HK$100.36 B	15,617.00%	🇺🇸 USA
Northwest Pipe Company NWPX	HK$2.81 B	341.44%	🇺🇸 USA

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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