Daido Steel (5471.T)

Net assets on the balance sheet as of December 2023 : NZ$5.31 Billion

According to Daido Steel's latest financial reports the company has NZ$5.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Daido Steel - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$5.47 B	17.98%
2022-03-31	$NZ$4.64 B	5.49%
2021-03-31	$NZ$4.39 B	-7.59%
2020-03-31	$NZ$4.76 B	12.99%
2019-03-31	$NZ$4.21 B	2.51%
2018-03-31	$NZ$4.11 B	10.78%
2017-03-31	$NZ$3.71 B	7.27%
2016-03-31	$NZ$3.45 B	6.51%
2015-03-31	$NZ$3.24 B	8.25%
2014-03-31	$NZ$3.00 B	-3.63%
2013-03-31	$NZ$3.11 B	-8.52%
2012-03-31	$NZ$3.40 B	2.76%
2011-03-31	$NZ$3.31 B	15.69%
2010-03-31	$NZ$2.86 B	-18.86%
2009-03-31	$NZ$3.52 B	26.75%
2008-03-31	$NZ$2.78 B	14.25%
2007-03-31	$NZ$2.43 B	-6.89%
2006-03-31	$NZ$2.61 B	38.46%
2005-03-31	$NZ$1.88 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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Daido Steel (5471.T) - Net assets