CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : C$170.10 Billion

According to CITIC Bank's latest financial reports the company has C$170.10 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	$C$134.93 B	4.99%
2021-12-31	$C$128.52 B	17.39%
2020-12-31	$C$109.48 B	9.97%
2019-12-31	$C$99.56 B	10.94%
2018-12-31	$C$89.74 B	12.6%
2017-12-31	$C$79.70 B	7.11%
2016-12-31	$C$74.41 B	8.75%
2015-12-31	$C$68.42 B	36.56%
2014-12-31	$C$50.10 B	23.46%
2013-12-31	$C$40.58 B	25.3%
2012-12-31	$C$32.39 B	11.94%
2011-12-31	$C$28.93 B	53.69%
2010-12-31	$C$18.82 B	14.21%
2009-12-31	$C$16.48 B	-28.43%
2008-12-31	$C$23.03 B	100.14%
2007-12-31	$C$11.50 B	142.39%
2006-12-31	$C$4.74 B	38.72%
2005-12-31	$C$3.42 B	170.13%
2004-12-31	$C$1.26 B	-52.07%
2003-12-31	$C$2.64 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