Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of March 2024 : S$502.26 B

According to Bank of China's latest financial reports the company has S$502.26 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	$S$499.07 B	0.32%
2021-12-31	$S$497.47 B	13.47%
2020-12-31	$S$438.40 B	15.22%
2019-12-31	$S$380.50 B	11.33%
2018-12-31	$S$341.77 B	5.44%
2017-12-31	$S$324.14 B	4.58%
2016-12-31	$S$309.95 B	4.52%
2015-12-31	$S$296.56 B	17.44%
2014-12-31	$S$252.52 B	25.43%
2013-12-31	$S$201.32 B	19.06%
2012-12-31	$S$169.09 B	8.39%
2011-12-31	$S$156.01 B	18.39%
2010-12-31	$S$131.77 B	17.44%
2009-12-31	$S$112.20 B	7.64%
2008-12-31	$S$104.24 B	15.58%
2007-12-31	$S$90.19 B	10.02%
2006-12-31	$S$81.97 B	51.26%
2005-12-31	$S$54.19 B	30.54%
2004-12-31	$S$41.51 B	-12.12%
2003-12-31	$S$47.24 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	S$541.05 B	7.72%	🇨🇳 China
China Construction Bank 601939.SS	S$588.55 B	17.18%	🇨🇳 China
ICBC 1398.HK	S$699.34 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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