Citizens Inc (CIA) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.49 Billion

According to Citizens Inc's latest financial reports the company has HK$1.49 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Citizens Inc - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$8.14 M	-99.67%
2021-12-31	$HK$2.49 B	7.15%
2020-12-31	$HK$2.33 B	15.29%
2019-12-31	$HK$2.02 B	37.65%
2018-12-31	$HK$1.47 B	-15.82%
2017-12-31	$HK$1.74 B	-9.6%
2016-12-31	$HK$1.93 B	0.93%
2015-12-31	$HK$1.91 B	-4.5%
2014-12-31	$HK$2.00 B	5.13%
2013-12-31	$HK$1.90 B	-6.54%
2012-12-31	$HK$2.03 B	5.86%
2011-12-31	$HK$1.92 B	8.75%
2010-12-31	$HK$1.77 B	5.74%
2009-12-31	$HK$1.67 B	26.39%
2008-12-31	$HK$1.32 B	-3.49%
2007-12-31	$HK$1.37 B	26.49%
2006-12-31	$HK$1.08 B	2.25%
2005-12-31	$HK$1.06 B	1.12%
2004-12-31	$HK$1.05 B	6.65%
2003-12-31	$HK$0.98 B	24.03%
2002-12-31	$HK$0.79 B	23.07%
2001-12-31	$HK$0.64 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Manulife Financial MFC	HK$297.51 B	19,864.69%	🇨🇦 Canada
Reinsurance Group of America RGA	HK$87.30 B	5,758.39%	🇺🇸 USA
Aflac AFL	HK$193.25 B	12,868.16%	🇺🇸 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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