COSCO Shipping (601919.SS)

Net assets on the balance sheet as of June 2024 : A$55.75 Billion

According to COSCO Shipping's latest financial reports the company has A$55.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$54.01 B	39.05%
2021-12-31	$A$38.84 B	147.56%
2020-12-31	$A$15.69 B	11.03%
2019-12-31	$A$14.13 B	26.76%
2018-12-31	$A$11.14 B	29.41%
2017-12-31	$A$8.61 B	14.85%
2016-12-31	$A$7.50 B	-33.38%
2015-12-31	$A$11.26 B	32.85%
2014-12-31	$A$8.47 B	8.66%
2013-12-31	$A$7.80 B	21.22%
2012-12-31	$A$6.43 B	-17.33%
2011-12-31	$A$7.78 B	-16%
2010-12-31	$A$9.26 B	6.51%
2009-12-31	$A$8.70 B	-31.63%
2008-12-31	$A$12.72 B	49.97%
2007-12-31	$A$8.48 B	28.92%
2006-12-31	$A$6.58 B	64%
2005-12-31	$A$4.01 B	101.58%
2004-12-31	$A$1.99 B	147.96%
2003-12-31	$A$0.80 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 (601919.SS) - Net assets