Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : HK$1.71 Billion

According to Power Mech Projects's latest financial reports the company has HK$1.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Power Mech Projects - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$1.22 B	13.01%
2022-03-31	$HK$1.08 B	12.32%
2021-03-31	$HK$0.96 B	-2.52%
2020-03-31	$HK$0.98 B	5.45%
2019-03-31	$HK$0.93 B	8.95%
2018-03-31	$HK$0.85 B	14.86%
2017-03-31	$HK$0.74 B	15.19%
2016-03-31	$HK$0.64 B	46.75%
2015-03-31	$HK$0.44 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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Power Mech Projects (POWERMECH.NS) - Net assets