Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$623.28 B

According to Bank of China's latest financial reports the company has NZ$623.28 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of China - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$586.35 B	8.86%
2021-12-31	$NZ$538.63 B	16.82%
2020-12-31	$NZ$461.08 B	9.92%
2019-12-31	$NZ$419.47 B	12.2%
2018-12-31	$NZ$373.85 B	9.56%
2017-12-31	$NZ$341.24 B	10.37%
2016-12-31	$NZ$309.17 B	0.91%
2015-12-31	$NZ$306.39 B	25.76%
2014-12-31	$NZ$243.63 B	25.94%
2013-12-31	$NZ$193.44 B	14.77%
2012-12-31	$NZ$168.54 B	9.2%
2011-12-31	$NZ$154.35 B	15.99%
2010-12-31	$NZ$133.07 B	20.16%
2009-12-31	$NZ$110.74 B	-11.87%
2008-12-31	$NZ$125.65 B	55.65%
2007-12-31	$NZ$80.72 B	6.38%
2006-12-31	$NZ$75.88 B	59.35%
2005-12-31	$NZ$47.62 B	20.7%
2004-12-31	$NZ$39.45 B	-7.6%
2003-12-31	$NZ$42.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	NZ$671.42 B	7.72%	🇨🇳 China
China Construction Bank 601939.SS	NZ$730.36 B	17.18%	🇨🇳 China
ICBC 1398.HK	NZ$867.83 B	39.24%	🇨🇳 China

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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