Sinopec (600028.SS) - Net assets

Net assets on the balance sheet as of June 2024 : $135.44 B

According to Sinopec's latest financial reports the company has $135.44 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sinopec - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$135.74 B	-5.47%
2021-12-31	$$143.60 B	5.51%
2020-12-31	$$136.10 B	8.38%
2019-12-31	$$125.58 B	0.83%
2018-12-31	$$124.54 B	-5%
2017-12-31	$$131.09 B	9.51%
2016-12-31	$$119.70 B	-1.56%
2015-12-31	$$121.60 B	16.64%
2014-12-31	$$104.25 B	1.5%
2013-12-31	$$102.71 B	16.86%
2012-12-31	$$87.89 B	8.89%
2011-12-31	$$80.72 B	18.34%
2010-12-31	$$68.21 B	15.09%
2009-12-31	$$59.26 B	15.85%
2008-12-31	$$51.15 B	14.34%
2007-12-31	$$44.74 B	23.94%
2006-12-31	$$36.10 B	18.88%
2005-12-31	$$30.36 B	15.38%
2004-12-31	$$26.31 B	15.11%
2003-12-31	$$22.86 B	7.64%
2002-12-31	$$21.24 B	8.23%
2001-12-31	$$19.62 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Exxon Mobil XOM	$276.26 B	103.97%	🇺🇸 USA
PetroChina 601857.SS	$230.96 B	70.53%	🇨🇳 China
ConocoPhillips COP	$49.74 B	-63.27%	🇺🇸 USA
BP BP	$82.19 B	-39.31%	🇬🇧 UK
Delek US DK	$0.98 B	-99.27%	🇺🇸 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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