China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : NZ$49.45 Billion

According to China Tower 's latest financial reports the company has NZ$49.45 Billion 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	$NZ$44.21 B	1.62%
2021-12-31	$NZ$43.50 B	9.93%
2020-12-31	$NZ$39.57 B	1.99%
2019-12-31	$NZ$38.80 B	-0.83%
2018-12-31	$NZ$39.12 B	41.8%
2017-12-31	$NZ$27.59 B	5.71%
2016-12-31	$NZ$26.10 B	-7.72%
2015-12-31	$NZ$28.28 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-NZ$0.48 Billion	-100.95%	🇬🇧 UK
American Tower AMT	NZ$18.02 B	-63.56%	🇺🇸 USA
Crown Castle CCI	NZ$9.36 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 : NZ$49.45 Billion