GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : A$28.03 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has A$28.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GAC (Guangzhou Automobile Group) - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$26.04 B	29.95%
2021-12-31	$A$20.04 B	16%
2020-12-31	$A$17.27 B	2.5%
2019-12-31	$A$16.85 B	4.82%
2018-12-31	$A$16.08 B	16.12%
2017-12-31	$A$13.85 B	54.61%
2016-12-31	$A$8.95 B	7.25%
2015-12-31	$A$8.35 B	16.94%
2014-12-31	$A$7.14 B	13.19%
2013-12-31	$A$6.31 B	27.72%
2012-12-31	$A$4.94 B	5.66%
2011-12-31	$A$4.67 B	21.77%
2010-12-31	$A$3.84 B	10.14%
2009-12-31	$A$3.48 B	-10.71%
2008-12-31	$A$3.90 B	50.53%
2007-12-31	$A$2.59 B	31.06%
2006-12-31	$A$1.97 B	4.87%
2005-12-31	$A$1.88 B	41.78%
2004-12-31	$A$1.33 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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GAC (Guangzhou Automobile Group) (601238.SS) - Net assets