China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : £21.54 Billion

According to China Tower 's latest financial reports the company has £21.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Tower - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£23.20 B	5.39%
2021-12-31	$£22.01 B	5.08%
2020-12-31	$£20.94 B	5.12%
2019-12-31	$£19.92 B	-3.62%
2018-12-31	$£20.67 B	42.6%
2017-12-31	$£14.50 B	-1.05%
2016-12-31	$£14.65 B	12.17%
2015-12-31	$£13.06 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-£0.23 Billion	-101.04%	🇬🇧 UK
American Tower AMT	£7.85 B	-63.56%	🇺🇸 USA
Crown Castle CCI	£4.07 B	-81.06%	🇺🇸 USA

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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China Tower (0788.HK) - Net assets

Net assets on the balance sheet as of December 2023 : £21.54 Billion