Tingo Group (TIO) - Net Assets

Net assets on the balance sheet as of September 2023 : HK$4.67 Billion

According to Tingo Group's latest financial reports the company has HK$4.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tingo Group - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$6.03 B	424.33%
2021-12-31	$HK$1.15 B	126.17%
2020-12-31	$HK$0.50 B	1915.81%
2019-12-31	$HK$25.26 M	221.34%
2018-12-31	$HK$7.86 M	-83.16%
2017-12-31	$HK$46.67 M	-45.07%
2016-12-31	$HK$84.97 M	-37.19%
2015-12-31	$HK$0.13 B	-13.86%
2014-12-31	$HK$0.15 B	-20.87%
2013-12-31	$HK$0.19 B	51.82%
2012-12-31	$HK$0.13 B	366.05%
2011-12-31	$HK$28.05 M	-10.88%
2010-12-31	$HK$31.47 M	171.56%
2009-12-31	$HK$11.59 M	-11.03%
2008-12-31	$HK$13.02 M	5.82%
2007-12-31	$HK$12.31 M	28.8%
2006-12-31	$HK$9.55 M	-2.23%
2005-12-31	$HK$9.77 M	-9.36%
2004-12-31	$HK$10.78 M

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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Tingo Group (TIO) - Net assets