Southern States Bancshares (SSBK)

Net assets on the balance sheet as of June 2024 : HK$1.79 Billion

According to Southern States Bancshares's latest financial reports the company has HK$1.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Southern States Bancshares - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.41 B	2.76%
2021-12-31	$HK$1.38 B	26.72%
2020-12-31	$HK$1.09 B	10.56%
2019-12-31	$HK$0.98 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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Southern States Bancshares (SSBK) - Net assets