Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of March 2024 : A$578.36 B

According to Bank of China's latest financial reports the company has A$578.36 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of China - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$547.06 B	7.83%
2021-12-31	$A$507.32 B	17.89%
2020-12-31	$A$430.34 B	6.91%
2019-12-31	$A$402.53 B	13.07%
2018-12-31	$A$356.00 B	14.68%
2017-12-31	$A$310.43 B	4.48%
2016-12-31	$A$297.10 B	3.32%
2015-12-31	$A$287.56 B	23.38%
2014-12-31	$A$233.07 B	30.85%
2013-12-31	$A$178.12 B	33.65%
2012-12-31	$A$133.27 B	13.44%
2011-12-31	$A$117.48 B	16.33%
2010-12-31	$A$100.99 B	13.13%
2009-12-31	$A$89.27 B	-14.94%
2008-12-31	$A$104.96 B	47.03%
2007-12-31	$A$71.38 B	5.26%
2006-12-31	$A$67.81 B	52.45%
2005-12-31	$A$44.48 B	22.27%
2004-12-31	$A$36.38 B	-2.58%
2003-12-31	$A$37.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	A$623.03 B	7.72%	🇨🇳 China
China Construction Bank 601939.SS	A$677.72 B	17.18%	🇨🇳 China
ICBC 1398.HK	A$805.29 B	39.24%	🇨🇳 China

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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