CITIC Bank (601998.SS)

Net assets on the balance sheet as of June 2024 : NZ$188.21 Billion

According to CITIC Bank's latest financial reports the company has NZ$188.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CITIC Bank - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$156.62 B	6.08%
2021-12-31	$NZ$147.64 B	24.07%
2020-12-31	$NZ$119.00 B	5.14%
2019-12-31	$NZ$113.18 B	15.24%
2018-12-31	$NZ$98.21 B	10.03%
2017-12-31	$NZ$89.26 B	11.67%
2016-12-31	$NZ$79.93 B	10.92%
2015-12-31	$NZ$72.06 B	30.78%
2014-12-31	$NZ$55.10 B	18.78%
2013-12-31	$NZ$46.39 B	17.17%
2012-12-31	$NZ$39.59 B	8.64%
2011-12-31	$NZ$36.44 B	49.3%
2010-12-31	$NZ$24.41 B	13.18%
2009-12-31	$NZ$21.56 B	-33.92%
2008-12-31	$NZ$32.64 B	116.75%
2007-12-31	$NZ$15.05 B	160.19%
2006-12-31	$NZ$5.78 B	34.57%
2005-12-31	$NZ$4.30 B	190.93%
2004-12-31	$NZ$1.47 B	-52.84%
2003-12-31	$NZ$3.13 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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CITIC Bank (601998.SS) - Net assets