SMIC (0981.HK) - Net Assets

Net assets on the balance sheet as of September 2024 : A$50.26 Billion

According to SMIC's latest financial reports the company has A$50.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SMIC - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$42.55 B	21.29%
2021-12-31	$A$35.08 B	24.44%
2020-12-31	$A$28.19 B	93.59%
2019-12-31	$A$14.56 B	14.99%
2018-12-31	$A$12.66 B	47.13%
2017-12-31	$A$8.60 B	14.85%
2016-12-31	$A$7.49 B	30.32%
2015-12-31	$A$5.75 B	42.32%
2014-12-31	$A$4.04 B	39.02%
2013-12-31	$A$2.90 B	32.71%
2012-12-31	$A$2.19 B	0%
2011-12-31	$A$2.19 B	2.5%
2010-12-31	$A$2.13 B	4.84%
2009-12-31	$A$2.03 B	-48.5%
2008-12-31	$A$3.95 B	13.54%
2007-12-31	$A$3.48 B	-9.8%
2006-12-31	$A$3.86 B	-7.84%
2005-12-31	$A$4.19 B	4.35%
2004-12-31	$A$4.01 B	101.11%
2003-12-31	$A$1.99 B	29.24%
2002-12-31	$A$1.54 B	53.5%
2001-12-31	$A$1.00 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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SMIC (0981.HK) - Net assets