China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : C$40.31 Billion

According to China Tower 's latest financial reports the company has C$40.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Tower - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$38.08 B	0.57%
2021-12-31	$C$37.87 B	4.01%
2020-12-31	$C$36.41 B	6.68%
2019-12-31	$C$34.13 B	-4.53%
2018-12-31	$C$35.75 B	45.11%
2017-12-31	$C$24.63 B	1.4%
2016-12-31	$C$24.29 B	-9.52%
2015-12-31	$C$26.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-C$0.39 Billion	-100.95%	🇬🇧 UK
American Tower AMT	C$14.69 B	-63.56%	🇺🇸 USA
Crown Castle CCI	C$7.63 B	-81.06%	🇺🇸 USA

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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China Tower (0788.HK) - Net assets

Net assets on the balance sheet as of December 2023 : C$40.31 Billion