FriendTimes (6820.HK)

Net assets on the balance sheet as of December 2023 : S$0.23 Billion

According to FriendTimes's latest financial reports the company has S$0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.29 B	-16.7%
2021-12-31	$S$0.34 B	9.94%
2020-12-31	$S$0.31 B	25.98%
2019-12-31	$S$0.25 B	121.39%
2018-12-31	$S$0.11 B	55.76%
2017-12-31	$S$73.14 M	35.59%
2016-12-31	$S$53.94 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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FriendTimes (6820.HK) - Net assets