Nongfu Spring (9633.HK)

Net assets on the balance sheet as of December 2023 : $4.04 Billion USD

According to Nongfu Spring 's latest financial reports the company has $4.04 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nongfu Spring - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$3.49 B	7.28%
2021-12-31	$$3.25 B	37.04%
2020-12-31	$$2.37 B	67.92%
2019-12-31	$$1.41 B	-32.52%
2018-12-31	$$2.09 B	22.14%
2017-12-31	$$1.71 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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Nongfu Spring (9633.HK) - Net assets