Propel Holdings (PRL.TO)

Net assets on the balance sheet as of June 2024 : HK$0.93 Billion

According to Propel Holdings's latest financial reports the company has HK$0.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Propel Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.79 B	24.3%
2022-12-31	$HK$0.63 B	8.6%
2021-12-31	$HK$0.58 B	800.37%
2020-12-31	$HK$65.23 M	131.65%
2019-12-31	$HK$28.16 M	76.92%
2018-12-31	$HK$15.91 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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Propel Holdings (PRL.TO) - Net assets