SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : HK$12.16 Billion

According to SBI Card's latest financial reports the company has HK$12.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$9.39 B	17.44%
2022-03-31	$HK$8.00 B	19.95%
2021-03-31	$HK$6.67 B	21.46%
2020-03-31	$HK$5.49 B	35.42%
2019-03-31	$HK$4.05 B	42.98%
2018-03-31	$HK$2.83 B	63.27%
2017-03-31	$HK$1.73 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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SBI Card (SBICARD.NS) - Net assets