China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : ₹2.423 Trillion

According to China Tower 's latest financial reports the company has ₹2.423 Trillion 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	$₹2.322 T	5.02%
2021-12-31	$₹2.211 T	5.91%
2020-12-31	$₹2.088 T	12.06%
2019-12-31	$₹1.863 T	1.55%
2018-12-31	$₹1.835 T	46.66%
2017-12-31	$₹1.251 T	1.84%
2016-12-31	$₹1.228 T	-4.5%
2015-12-31	$₹1.286 T

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-₹23.05 Billion	-100.95%	🇬🇧 UK
American Tower AMT	₹883.18 B	-63.56%	🇺🇸 USA
Crown Castle CCI	₹458.88 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 : ₹2.423 Trillion