Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of June 2024 : HK$68.19 B

According to Rural Electrification Corp's latest financial reports the company has HK$68.19 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$55.53 B	4.88%
2022-03-31	$HK$52.94 B	13.85%
2021-03-31	$HK$46.50 B	27.88%
2020-03-31	$HK$36.36 B	-6.88%
2019-03-31	$HK$39.05 B	-0.59%
2018-03-31	$HK$39.28 B	6.43%
2017-03-31	$HK$36.91 B	9.12%
2016-03-31	$HK$33.83 B	8.74%
2015-03-31	$HK$31.11 B	15.45%
2014-03-31	$HK$26.94 B	7.49%
2013-03-31	$HK$25.07 B	12.27%
2012-03-31	$HK$22.32 B	-0.19%
2011-03-31	$HK$22.37 B	16.68%
2010-03-31	$HK$19.17 B	104.28%
2009-03-31	$HK$9.38 B	-9.97%
2008-03-31	$HK$10.42 B	48.3%
2007-03-31	$HK$7.02 B	22.77%
2006-03-31	$HK$5.72 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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Rural Electrification Corp (RECLTD.NS) - Net assets