Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of June 2024 : HK$2.08 Billion

According to Saudi Steel Pipes's latest financial reports the company has HK$2.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.86 B	62.85%
2022-12-31	$HK$1.14 B	11.15%
2021-12-31	$HK$1.02 B	0.94%
2020-12-31	$HK$1.02 B	-7.02%
2019-12-31	$HK$1.09 B	-6.05%
2018-12-31	$HK$1.16 B	-23.2%
2017-12-31	$HK$1.52 B	3.4%
2016-12-31	$HK$1.47 B	-5.63%
2015-12-31	$HK$1.55 B	-6.55%
2014-12-31	$HK$1.66 B	1.43%
2013-12-31	$HK$1.64 B	-1.04%
2012-12-31	$HK$1.66 B	1.13%
2011-12-31	$HK$1.64 B	-4.88%
2010-12-31	$HK$1.72 B	-6.67%
2009-12-31	$HK$1.85 B	110.42%
2008-12-31	$HK$0.87 B	0.88%
2007-12-31	$HK$0.87 B	27.92%
2006-12-31	$HK$0.68 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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Saudi Steel Pipes (1320.SR) - Net assets