GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : C$24.18 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has C$24.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GAC (Guangzhou Automobile Group) - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$24.05 B	29.88%
2021-12-31	$C$18.51 B	9.31%
2020-12-31	$C$16.94 B	9.9%
2019-12-31	$C$15.41 B	-0.12%
2018-12-31	$C$15.43 B	13.53%
2017-12-31	$C$13.59 B	56.66%
2016-12-31	$C$8.67 B	2.81%
2015-12-31	$C$8.44 B	24.43%
2014-12-31	$C$6.78 B	13.22%
2013-12-31	$C$5.99 B	17.35%
2012-12-31	$C$5.10 B	4.68%
2011-12-31	$C$4.87 B	25.08%
2010-12-31	$C$3.89 B	18.32%
2009-12-31	$C$3.29 B	-1.62%
2008-12-31	$C$3.34 B	48.06%
2007-12-31	$C$2.26 B	24.54%
2006-12-31	$C$1.81 B	12.99%
2005-12-31	$C$1.60 B	29.95%
2004-12-31	$C$1.23 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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GAC (Guangzhou Automobile Group) (601238.SS) - Net assets