Smith-Midland (SMID) - Net assets

Net assets on the balance sheet as of June 2024 : HK$0.28 Billion

According to Smith-Midland's latest financial reports the company has HK$0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smith-Midland - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.25 B	4.32%
2021-12-31	$HK$0.24 B	35.04%
2020-12-31	$HK$0.18 B	13.06%
2019-12-31	$HK$0.16 B	9.87%
2018-12-31	$HK$0.14 B	9.8%
2017-12-31	$HK$0.13 B	21.71%
2016-12-31	$HK$0.11 B	25.11%
2015-12-31	$HK$88.28 M	8.67%
2014-12-31	$HK$81.23 M	-8.25%
2013-12-31	$HK$88.54 M	5.13%
2012-12-31	$HK$84.22 M	1.06%
2011-12-31	$HK$83.33 M	-2.29%
2010-12-31	$HK$85.28 M	29.61%
2009-12-31	$HK$65.8 M	29.68%
2008-12-31	$HK$50.74 M	8.42%
2007-12-31	$HK$46.8 M	30.64%
2006-12-31	$HK$35.82 M	-13.36%
2005-12-31	$HK$41.34 M	38.44%
2004-12-31	$HK$29.86 M	14.99%
2003-12-31	$HK$25.97 M	-36.45%
2002-12-31	$HK$40.87 M	32.9%
2001-12-31	$HK$30.75 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Gencor Industries GENC	HK$1.51 B	423.61%	🇺🇸 USA
James Hardie Industries JHX	HK$15.07 B	5,109.51%	🇮🇪 Ireland

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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