Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : $4.53 Billion USD

According to Hong Kong Telecom 's latest financial reports the company has $4.53 Billion USD 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	$$4.66 B	-2.26%
2021-12-31	$$4.77 B	-2.43%
2020-12-31	$$4.88 B	0.28%
2019-12-31	$$4.87 B	1.56%
2018-12-31	$$4.80 B	-1.01%
2017-12-31	$$4.84 B	-1.91%
2016-12-31	$$4.94 B	1.56%
2015-12-31	$$4.86 B	-0.73%
2014-12-31	$$4.90 B	23.45%
2013-12-31	$$3.97 B	-1.04%
2012-12-31	$$4.01 B	0.8%
2011-12-31	$$3.98 B	58.84%
2010-12-31	$$2.50 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