Hang Seng Bank (0011.HK)

Net assets on the balance sheet as of December 2023 : A$34.62 Billion

According to Hang Seng Bank 's latest financial reports the company has A$34.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hang Seng Bank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$31.60 B	5.04%
2022-12-31	$A$30.09 B	6.85%
2021-12-31	$A$28.16 B	-8.37%
2020-12-31	$A$30.73 B	-6.34%
2019-12-31	$A$32.81 B	11.66%
2018-12-31	$A$29.38 B	17.86%
2017-12-31	$A$24.93 B	-0.94%
2016-12-31	$A$25.16 B	0.09%
2015-12-31	$A$25.14 B	14.68%
2014-12-31	$A$21.92 B	40.72%
2013-12-31	$A$15.58 B	35.95%
2012-12-31	$A$11.46 B	14.62%
2011-12-31	$A$9.99 B	12.9%
2010-12-31	$A$8.85 B	-0.74%
2009-12-31	$A$8.92 B	-5.77%
2008-12-31	$A$9.46 B	14.34%
2007-12-31	$A$8.28 B	8.08%
2006-12-31	$A$7.66 B	-0.59%
2005-12-31	$A$7.70 B	10.95%
2004-12-31	$A$6.94 B	-0.64%
2003-12-31	$A$6.99 B	-29.42%
2002-12-31	$A$9.90 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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Hang Seng Bank (0011.HK) - Net assets