GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : ₹1.487 Trillion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has ₹1.487 Trillion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GAC (Guangzhou Automobile Group) - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.466 T	35.61%
2021-12-31	$₹1.081 T	11.31%
2020-12-31	$₹971.72 B	15.45%
2019-12-31	$₹841.70 B	6.24%
2018-12-31	$₹792.24 B	14.74%
2017-12-31	$₹690.44 B	57.34%
2016-12-31	$₹438.81 B	8.52%
2015-12-31	$₹404.37 B	9.15%
2014-12-31	$₹370.48 B	6.54%
2013-12-31	$₹347.73 B	23.69%
2012-12-31	$₹281.12 B	10.83%
2011-12-31	$₹253.64 B	45.11%
2010-12-31	$₹174.79 B	20.27%
2009-12-31	$₹145.33 B	9.75%
2008-12-31	$₹132.41 B	48.78%
2007-12-31	$₹89.00 B	28.8%
2006-12-31	$₹69.10 B	11.2%
2005-12-31	$₹62.14 B	39.3%
2004-12-31	$₹44.61 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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GAC (Guangzhou Automobile Group) (601238.SS) - Net assets