Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : C$6.50 Billion

According to Hong Kong Telecom 's latest financial reports the company has C$6.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hong Kong Telecom - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$6.32 B	4.07%
2021-12-31	$C$6.07 B	-2.47%
2020-12-31	$C$6.23 B	-2.1%
2019-12-31	$C$6.36 B	-2.63%
2018-12-31	$C$6.53 B	7.25%
2017-12-31	$C$6.09 B	-8.24%
2016-12-31	$C$6.64 B	-1.62%
2015-12-31	$C$6.75 B	18.67%
2014-12-31	$C$5.69 B	34.58%
2013-12-31	$C$4.22 B	5.93%
2012-12-31	$C$3.99 B	-1.46%
2011-12-31	$C$4.05 B	61.63%
2010-12-31	$C$2.50 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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Hong Kong Telecom (6823.HK) - Net assets