VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.27 Billion

According to VEEM Ltd's latest financial reports the company has HK$0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$HK$0.27 B	217.17%
2023-06-30	$HK$85.9 M	5.21%
2022-06-30	$HK$81.65 M	-61.7%
2021-06-30	$HK$0.21 B	89.8%
2020-06-30	$HK$0.11 B	-13.82%
2019-06-30	$HK$0.13 B	-23.89%
2018-06-30	$HK$0.17 B	-0.81%
2017-06-30	$HK$0.17 B	23.38%
2016-06-30	$HK$0.13 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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VEEM Ltd (VEE.AX) - Net assets