Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of September 2024 : $409.96 Billion USD

According to Bank of China's latest financial reports the company has $409.96 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of China - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$372.27 B	0.92%
2021-12-31	$$368.88 B	11.24%
2020-12-31	$$331.61 B	17.19%
2019-12-31	$$282.96 B	12.79%
2018-12-31	$$250.88 B	3.52%
2017-12-31	$$242.35 B	13.16%
2016-12-31	$$214.16 B	2.24%
2015-12-31	$$209.46 B	9.6%
2014-12-31	$$191.12 B	20.3%
2013-12-31	$$158.87 B	14.97%
2012-12-31	$$138.18 B	14.71%
2011-12-31	$$120.46 B	17.81%
2010-12-31	$$102.25 B	28.06%
2009-12-31	$$79.84 B	10.15%
2008-12-31	$$72.49 B	16.21%
2007-12-31	$$62.37 B	16.68%
2006-12-31	$$53.46 B	64.25%
2005-12-31	$$32.55 B	15.61%
2004-12-31	$$28.15 B	1.43%
2003-12-31	$$27.75 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	$429.40 B	4.74%	🇨🇳 China
China Construction Bank 601939.SS	$476.91 B	16.33%	🇨🇳 China
ICBC 1398.HK	$559.50 B	36.48%	🇨🇳 China

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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