The Phoenix Holdings (PHOE.TA)

Net assets on the balance sheet as of June 2024 : HK$23.14 Billion

According to The Phoenix Holdings's latest financial reports the company has HK$23.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Phoenix Holdings - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$23.63 B	1.26%
2022-12-31	$HK$23.34 B	-6.36%
2021-12-31	$HK$24.92 B	27.84%
2020-12-31	$HK$19.49 B	28.46%
2019-12-31	$HK$15.17 B	13.49%
2018-12-31	$HK$13.37 B	2.51%
2017-12-31	$HK$13.04 B	32.14%
2016-12-31	$HK$9.87 B	16.15%
2015-12-31	$HK$8.50 B	8.57%
2014-12-31	$HK$7.83 B	-4.04%
2013-12-31	$HK$8.16 B	20.69%
2012-12-31	$HK$6.76 B	26.19%
2011-12-31	$HK$5.35 B	-9.63%
2010-12-31	$HK$5.92 B	26.65%
2009-12-31	$HK$4.68 B	33.17%
2008-12-31	$HK$3.51 B	-25.33%
2007-12-31	$HK$4.70 B	28.02%
2006-12-31	$HK$3.67 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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The Phoenix Holdings (PHOE.TA) - Net assets