COSCO SHIPPING Development (601866.SS)

Net assets on the balance sheet as of September 2024 : A$6.75 Billion

According to COSCO SHIPPING Development's latest financial reports the company has A$6.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

COSCO SHIPPING Development - Net assets on balance sheet (from 2007 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$6.15 B	-13%
2021-12-31	$A$7.07 B	29.49%
2020-12-31	$A$5.46 B	10.41%
2019-12-31	$A$4.94 B	32.95%
2018-12-31	$A$3.72 B	12.92%
2017-12-31	$A$3.29 B	21.67%
2016-12-31	$A$2.70 B	-71.74%
2015-12-31	$A$9.58 B	95.34%
2014-12-31	$A$4.90 B	9.42%
2013-12-31	$A$4.48 B	5.8%
2012-12-31	$A$4.24 B	1.58%
2011-12-31	$A$4.17 B	-6.42%
2010-12-31	$A$4.46 B	5.36%
2009-12-31	$A$4.23 B	-37.37%
2008-12-31	$A$6.76 B	21.18%
2007-12-31	$A$5.57 B	111.98%
2006-12-31	$A$2.63 B	-10.85%
2005-12-31	$A$2.95 B	28.26%
2004-12-31	$A$2.30 B	264.83%
2003-12-31	$A$0.63 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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COSCO SHIPPING Development (601866.SS) - Net assets