Purmo Group (PURMO.HE)

Net assets on the balance sheet as of September 2024 : HK$3.60 Billion

According to Purmo Group's latest financial reports the company has HK$3.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Purmo Group - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.76 B	11.34%
2022-12-31	$HK$3.37 B	-2.03%
2021-12-31	$HK$3.44 B	-30.08%
2020-12-31	$HK$4.93 B	24453911.94%
2019-12-31	$HK$0.02 M	-22.88%
2018-12-31	$HK$0.02 M	-15.44%
2017-12-31	$HK$0.03 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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Purmo Group (PURMO.HE) - Net assets