GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : $17.41 Billion USD

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has $17.41 Billion USD 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	$$17.72 B	21.98%
2021-12-31	$$14.53 B	9.37%
2020-12-31	$$13.28 B	12.57%
2019-12-31	$$11.80 B	4.17%
2018-12-31	$$11.33 B	4.78%
2017-12-31	$$10.81 B	67.46%
2016-12-31	$$6.45 B	6.12%
2015-12-31	$$6.08 B	4.09%
2014-12-31	$$5.84 B	3.86%
2013-12-31	$$5.62 B	9.63%
2012-12-31	$$5.13 B	7.08%
2011-12-31	$$4.79 B	22.91%
2010-12-31	$$3.90 B	24.54%
2009-12-31	$$3.13 B	13.69%
2008-12-31	$$2.75 B	21.48%
2007-12-31	$$2.26 B	45.35%
2006-12-31	$$1.56 B	12.98%
2005-12-31	$$1.38 B	34.06%
2004-12-31	$$1.03 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