WeTrade Group (WETG)

Net assets on the balance sheet as of March 2024 : NZ$0.11 Billion

According to WeTrade Group's latest financial reports the company has NZ$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$65.71 M	208.91%
2021-12-31	$NZ$21.27 M	72.57%
2020-12-31	$NZ$12.32 M	72.78%
2019-12-31	$NZ$7.13 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-NZ$0.69 Billion	-692.03%	🇺🇸 USA

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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WeTrade Group (WETG) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$0.11 Billion