CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : £93.76 Billion

According to CITIC Bank's latest financial reports the company has £93.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CITIC Bank - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£82.19 B	10.02%
2021-12-31	$£74.71 B	18.6%
2020-12-31	$£62.99 B	8.36%
2019-12-31	$£58.13 B	12.01%
2018-12-31	$£51.90 B	10.65%
2017-12-31	$£46.90 B	4.53%
2016-12-31	$£44.87 B	34.82%
2015-12-31	$£33.28 B	20.02%
2014-12-31	$£27.73 B	19.98%
2013-12-31	$£23.11 B	14.69%
2012-12-31	$£20.15 B	10.12%
2011-12-31	$£18.30 B	50.01%
2010-12-31	$£12.20 B	26.02%
2009-12-31	$£9.68 B	-25.09%
2008-12-31	$£12.92 B	122.58%
2007-12-31	$£5.80 B	178.93%
2006-12-31	$£2.08 B	22.12%
2005-12-31	$£1.70 B	210.25%
2004-12-31	$£0.54 B	-51.76%
2003-12-31	$£1.13 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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CITIC Bank (601998.SS) - Net assets