China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : A$42.47 Billion

According to China Tower 's latest financial reports the company has A$42.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Tower - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$41.24 B	0.63%
2021-12-31	$A$40.98 B	10.37%
2020-12-31	$A$37.13 B	-0.51%
2019-12-31	$A$37.32 B	0.19%
2018-12-31	$A$37.25 B	48.42%
2017-12-31	$A$25.10 B	0.07%
2016-12-31	$A$25.08 B	-5.61%
2015-12-31	$A$26.57 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-A$0.44 Billion	-101.04%	🇬🇧 UK
American Tower AMT	A$15.47 B	-63.56%	🇺🇸 USA
Crown Castle CCI	A$8.04 B	-81.06%	🇺🇸 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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China Tower (0788.HK) - Net assets

Net assets on the balance sheet as of December 2023 : A$42.47 Billion