On Holding (ONON) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$11.72 Billion

According to On Holding's latest financial reports the company has HK$11.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

On Holding - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$9.98 B	21.71%
2022-12-31	$HK$8.20 B	13.25%
2021-12-31	$HK$7.24 B	235.98%
2020-12-31	$HK$2.15 B	316.14%
2019-12-31	$HK$0.51 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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On Holding (ONON) - Net assets