China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : HK$217.65 Billion

According to China Tower 's latest financial reports the company has HK$217.65 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	$HK$219.31 B	-5.35%
2021-12-31	$HK$231.71 B	4.67%
2020-12-31	$HK$221.36 B	8.76%
2019-12-31	$HK$203.53 B	-0.97%
2018-12-31	$HK$205.53 B	34.24%
2017-12-31	$HK$153.11 B	9.2%
2016-12-31	$HK$140.21 B	-6.56%
2015-12-31	$HK$150.05 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-HK$2.07 Billion	-100.95%	🇬🇧 UK
American Tower AMT	HK$79.32 B	-63.56%	🇺🇸 USA
Crown Castle CCI	HK$41.21 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 : HK$217.65 Billion