Richmond Mutual Bancorporation (RMBI)

Net assets on the balance sheet as of June 2024 : HK$1.02 Billion

According to Richmond Mutual Bancorporation's latest financial reports the company has HK$1.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richmond Mutual Bancorporation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.03 B	-26.17%
2021-12-31	$HK$1.40 B	-5.8%
2020-12-31	$HK$1.49 B	2.15%
2019-12-31	$HK$1.46 B	117.54%
2018-12-31	$HK$0.67 B	5.2%
2017-12-31	$HK$0.63 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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Richmond Mutual Bancorporation (RMBI) - Net assets