CITIC Bank (601998.SS)

Net assets on the balance sheet as of June 2024 : A$168.39 B

According to CITIC Bank's latest financial reports the company has A$168.39 B 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	$A$146.12 B	5.36%
2021-12-31	$A$138.69 B	24.47%
2020-12-31	$A$111.43 B	2.76%
2019-12-31	$A$108.44 B	16%
2018-12-31	$A$93.48 B	15.13%
2017-12-31	$A$81.20 B	5.71%
2016-12-31	$A$76.81 B	13.44%
2015-12-31	$A$67.71 B	28.61%
2014-12-31	$A$52.65 B	23.18%
2013-12-31	$A$42.74 B	36.05%
2012-12-31	$A$31.41 B	13.24%
2011-12-31	$A$27.74 B	49.13%
2010-12-31	$A$18.60 B	6.2%
2009-12-31	$A$17.51 B	-36.13%
2008-12-31	$A$27.42 B	107.75%
2007-12-31	$A$13.20 B	155.22%
2006-12-31	$A$5.17 B	28.75%
2005-12-31	$A$4.01 B	194.73%
2004-12-31	$A$1.36 B	-50.28%
2003-12-31	$A$2.74 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