Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : £3.48 Billion

According to Hong Kong Telecom 's latest financial reports the company has £3.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hong Kong Telecom - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£3.85 B	9.05%
2021-12-31	$£3.53 B	-1.47%
2020-12-31	$£3.58 B	-3.53%
2019-12-31	$£3.71 B	-1.69%
2018-12-31	$£3.78 B	5.4%
2017-12-31	$£3.58 B	-10.45%
2016-12-31	$£4.00 B	21.97%
2015-12-31	$£3.28 B	4.3%
2014-12-31	$£3.14 B	30.79%
2013-12-31	$£2.40 B	-3.04%
2012-12-31	$£2.48 B	-3.07%
2011-12-31	$£2.56 B	57.76%
2010-12-31	$£1.62 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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Hong Kong Telecom (6823.HK) - Net assets