G-bits Network Technology (603444.SS)

Net assets on the balance sheet as of September 2024 : S$1.04 Billion

According to G-bits Network Technology 's latest financial reports the company has S$1.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

G-bits Network Technology - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.91 B	-14.72%
2021-12-31	$S$1.07 B	24.59%
2020-12-31	$S$0.86 B	29.96%
2019-12-31	$S$0.66 B	6.51%
2018-12-31	$S$0.62 B	23.26%
2017-12-31	$S$0.50 B	18.01%
2016-12-31	$S$0.42 B	299.15%
2015-12-31	$S$0.10 B	48.88%
2014-12-31	$S$72 M	68.61%
2013-12-31	$S$42.7 M	11.25%
2012-12-31	$S$38.39 M	-40.87%
2011-12-31	$S$64.92 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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G-bits Network Technology (603444.SS) - Net assets