Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2024 : HK$70.74 Million

According to Quantum Graphite's latest financial reports the company has HK$70.74 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$HK$70.95 M	-22.99%
2023-06-30	$HK$92.14 M	1.02%
2022-06-30	$HK$91.21 M	-10.63%
2021-06-30	$HK$0.10 B	23.92%
2020-06-30	$HK$82.35 M	-8.22%
2019-06-30	$HK$89.73 M	2153.46%
2018-06-30	$HK$3.98 M	-305.03%
2017-06-30	$-HK$1.95 Million	-114.34%
2016-06-30	$HK$13.54 M	-81.41%
2015-06-30	$HK$72.82 M	15.34%
2014-06-30	$HK$63.14 M	-10.63%
2013-06-30	$HK$70.65 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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Quantum Graphite (QGL.AX) - Net assets