Procaps Group (PROC)

Net assets on the balance sheet as of September 2023 : HK$0.29 Billion

According to Procaps Group's latest financial reports the company has HK$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Procaps Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$14.68 Million	-95.09%
2021-12-31	$-HK$0.3 Billion	-84.86%
2020-12-31	$-HK$1.98 Billion	3.92%
2019-12-31	$-HK$1.9 Billion

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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Procaps Group (PROC) - Net assets