uCloudlink Group (UCL)

Net assets on the balance sheet as of September 2024 : HK$0.17 Billion

According to uCloudlink Group's latest financial reports the company has HK$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

uCloudlink Group - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$72.59 M	-53.66%
2021-12-31	$HK$0.15 B	-64.16%
2020-12-31	$HK$0.43 B	188.35%
2019-12-31	$HK$0.15 B	16.64%
2018-12-31	$HK$0.12 B	-158.17%
2017-12-31	$-HK$0.23 Billion

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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uCloudlink Group (UCL) - Net assets