Orient Electric (ORIENTELEC.NS)

Net assets on the balance sheet as of September 2024 : HK$0.60 Billion

According to Orient Electric 's latest financial reports the company has HK$0.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orient Electric - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$0.55 B	0.04%
2022-03-31	$HK$0.55 B	15.83%
2021-03-31	$HK$0.48 B	30.52%
2020-03-31	$HK$0.36 B	6.63%
2019-03-31	$HK$0.34 B	9.21%
2018-03-31	$HK$0.31 B	24.26%
2017-03-31	$HK$0.25 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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Orient Electric (ORIENTELEC.NS) - Net assets