Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : A$7.24 Billion

According to Hong Kong Telecom 's latest financial reports the company has A$7.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hong Kong Telecom - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$6.85 B	4.13%
2021-12-31	$A$6.57 B	3.49%
2020-12-31	$A$6.35 B	-8.69%
2019-12-31	$A$6.96 B	2.18%
2018-12-31	$A$6.81 B	9.7%
2017-12-31	$A$6.21 B	-9.44%
2016-12-31	$A$6.85 B	2.64%
2015-12-31	$A$6.68 B	11.53%
2014-12-31	$A$5.99 B	34.55%
2013-12-31	$A$4.45 B	15.29%
2012-12-31	$A$3.86 B	-0.55%
2011-12-31	$A$3.88 B	57.35%
2010-12-31	$A$2.46 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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Hong Kong Telecom (6823.HK) - Net assets