GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : €16.79 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has €16.79 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	$€16.52 B	28.78%
2021-12-31	$€12.83 B	18.78%
2020-12-31	$€10.80 B	2.52%
2019-12-31	$€10.53 B	6.38%
2018-12-31	$€9.90 B	9.9%
2017-12-31	$€9.01 B	46.8%
2016-12-31	$€6.13 B	10.31%
2015-12-31	$€5.56 B	15.79%
2014-12-31	$€4.80 B	17.93%
2013-12-31	$€4.07 B	5%
2012-12-31	$€3.88 B	5.13%
2011-12-31	$€3.69 B	25.89%
2010-12-31	$€2.93 B	34.15%
2009-12-31	$€2.18 B	10.94%
2008-12-31	$€1.97 B	26.87%
2007-12-31	$€1.55 B	31.35%
2006-12-31	$€1.18 B	1.43%
2005-12-31	$€1.16 B	53.51%
2004-12-31	$€0.75 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