Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : HK$0.66 Billion

According to Orbit Communication Systems 's latest financial reports the company has HK$0.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.62 B	15.34%
2022-12-31	$HK$0.54 B	59.6%
2021-12-31	$HK$0.33 B	22.66%
2020-12-31	$HK$0.27 B	14.9%
2019-12-31	$HK$0.24 B	32.11%
2018-12-31	$HK$0.18 B	4.58%
2017-12-31	$HK$0.17 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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Orbit Communication Systems (ORBI.TA) - Net assets