CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : A$187.32 Billion

According to CITIC Bank's latest financial reports the company has A$187.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CITIC Bank - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$146.12 B	5.05%
2021-12-31	$A$139.10 B	24.57%
2020-12-31	$A$111.67 B	2.56%
2019-12-31	$A$108.87 B	16.42%
2018-12-31	$A$93.51 B	15.17%
2017-12-31	$A$81.20 B	5.71%
2016-12-31	$A$76.81 B	13.45%
2015-12-31	$A$67.70 B	28.34%
2014-12-31	$A$52.75 B	23.43%
2013-12-31	$A$42.74 B	36.36%
2012-12-31	$A$31.34 B	12.98%
2011-12-31	$A$27.74 B	49.62%
2010-12-31	$A$18.54 B	6.32%
2009-12-31	$A$17.43 B	-35.04%
2008-12-31	$A$26.84 B	103.49%
2007-12-31	$A$13.19 B	155.08%
2006-12-31	$A$5.17 B	28.75%
2005-12-31	$A$4.01 B	194.73%
2004-12-31	$A$1.36 B	-50.28%
2003-12-31	$A$2.74 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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CITIC Bank (601998.SS) - Net assets