SofWave Medical (SOFW.TA)

Net assets on the balance sheet as of September 2024 : HK$0.18 Billion

According to SofWave Medical's latest financial reports the company has HK$0.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SofWave Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.20 B	-18.57%
2022-12-31	$HK$0.25 B	-30.62%
2021-12-31	$HK$0.36 B	2964.28%
2020-12-31	$HK$11.88 M	-62.92%
2019-12-31	$HK$32.04 M	-755.85%
2018-12-31	$-HK$4.89 Million

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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SofWave Medical (SOFW.TA) - Net assets