Hang Seng Bank (0011.HK)

Net assets on the balance sheet as of December 2023 : $21.53 Billion USD

According to Hang Seng Bank 's latest financial reports the company has $21.53 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hang Seng Bank - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$21.53 B	5.16%
2022-12-31	$$20.47 B	0.3%
2021-12-31	$$20.41 B	-13.6%
2020-12-31	$$23.63 B	2.87%
2019-12-31	$$22.97 B	10.98%
2018-12-31	$$20.70 B	6.35%
2017-12-31	$$19.46 B	7.29%
2016-12-31	$$18.14 B	-0.96%
2015-12-31	$$18.31 B	2.08%
2014-12-31	$$17.94 B	29.11%
2013-12-31	$$13.89 B	16.69%
2012-12-31	$$11.91 B	16.17%
2011-12-31	$$10.25 B	13.97%
2010-12-31	$$8.99 B	12.24%
2009-12-31	$$8.01 B	19.97%
2008-12-31	$$6.68 B	-7.73%
2007-12-31	$$7.24 B	19.87%
2006-12-31	$$6.04 B	7.1%
2005-12-31	$$5.64 B	4.91%
2004-12-31	$$5.37 B	3.45%
2003-12-31	$$5.19 B	-6.89%
2002-12-31	$$5.58 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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Hang Seng Bank (0011.HK) - Net assets