Penguin Solutions (PENG)

Net assets on the balance sheet as of November 2024 : HK$3.17 Billion

According to Penguin Solutions's latest financial reports the company has HK$3.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penguin Solutions - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-08-31	$HK$3.11 B	73.08%
2023-08-31	$HK$1.79 B	-39.47%
2022-08-31	$HK$2.97 B	19.64%
2021-08-31	$HK$2.48 B	13.59%
2020-08-31	$HK$2.18 B	1.93%
2019-08-31	$HK$2.14 B	46.04%
2018-08-31	$HK$1.46 B	127.82%
2017-08-31	$HK$0.64 B	-6818.59%
2016-08-31	$-HK$9.6 Million	-114.33%
2015-08-31	$HK$66.94 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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Penguin Solutions (PENG) - Net assets