Onfolio Holdings (ONFO)

Net assets on the balance sheet as of September 2024 : HK$32.47 Million

According to Onfolio Holdings's latest financial reports the company has HK$32.47 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Onfolio Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$41.72 M	-57.18%
2022-12-31	$HK$97.45 M	270.43%
2021-12-31	$HK$26.3 M	185.71%
2020-12-31	$HK$9.2 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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Onfolio Holdings (ONFO) - Net assets