CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : S$156.87 Billion

According to CITIC Bank's latest financial reports the company has S$156.87 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	$S$133.30 B	-2.22%
2021-12-31	$S$136.34 B	20.02%
2020-12-31	$S$113.59 B	10.53%
2019-12-31	$S$102.77 B	14.19%
2018-12-31	$S$90.00 B	6.15%
2017-12-31	$S$84.79 B	5.8%
2016-12-31	$S$80.14 B	14.86%
2015-12-31	$S$69.77 B	22.3%
2014-12-31	$S$57.05 B	18.11%
2013-12-31	$S$48.30 B	21.26%
2012-12-31	$S$39.83 B	8.13%
2011-12-31	$S$36.83 B	51.85%
2010-12-31	$S$24.26 B	10.31%
2009-12-31	$S$21.99 B	-18.81%
2008-12-31	$S$27.08 B	63.19%
2007-12-31	$S$16.59 B	165.48%
2006-12-31	$S$6.25 B	27.75%
2005-12-31	$S$4.89 B	184.42%
2004-12-31	$S$1.72 B	-50.29%
2003-12-31	$S$3.46 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