Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of March 2024 : HK$3.005 T

According to Bank of China's latest financial reports the company has HK$3.005 T in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of China - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.908 T	1.13%
2021-12-31	$HK$2.876 T	11.87%
2020-12-31	$HK$2.571 T	16.66%
2019-12-31	$HK$2.203 T	12.18%
2018-12-31	$HK$1.964 T	3.76%
2017-12-31	$HK$1.893 T	14.02%
2016-12-31	$HK$1.660 T	2.29%
2015-12-31	$HK$1.623 T	9.48%
2014-12-31	$HK$1.482 T	20.36%
2013-12-31	$HK$1.232 T	15.03%
2012-12-31	$HK$1.071 T	14.47%
2011-12-31	$HK$935.65 B	17.6%
2010-12-31	$HK$795.63 B	28.49%
2009-12-31	$HK$619.21 B	10.22%
2008-12-31	$HK$561.81 B	15.4%
2007-12-31	$HK$486.83 B	17.08%
2006-12-31	$HK$415.80 B	64.76%
2005-12-31	$HK$252.37 B	28.05%
2004-12-31	$HK$197.08 B	-8.55%
2003-12-31	$HK$215.50 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	HK$3.237 T	7.72%	🇨🇳 China
China Construction Bank 601939.SS	HK$3.522 T	17.18%	🇨🇳 China
ICBC 1398.HK	HK$4.185 T	39.24%	🇨🇳 China

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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