China Telecom (0728.HK)

Net assets on the balance sheet as of June 2024 : $63.40 Billion USD

According to China Telecom's latest financial reports the company has $63.40 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Telecom - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$63.27 B	-6.48%
2021-12-31	$$67.66 B	20.52%
2020-12-31	$$56.14 B	10.47%
2019-12-31	$$50.82 B	1.58%
2018-12-31	$$50.03 B	-0.36%
2017-12-31	$$50.21 B	10.23%
2016-12-31	$$45.55 B	-3.11%
2015-12-31	$$47.02 B	0.36%
2014-12-31	$$46.85 B	1.75%
2013-12-31	$$46.04 B	7.89%
2012-12-31	$$42.67 B	4.41%
2011-12-31	$$40.87 B	9.8%
2010-12-31	$$37.22 B	14.23%
2009-12-31	$$32.59 B	3.5%
2008-12-31	$$31.48 B	1.64%
2007-12-31	$$30.98 B	16.67%
2006-12-31	$$26.55 B	17.06%
2005-12-31	$$22.68 B	16.74%
2004-12-31	$$19.43 B	21.19%
2003-12-31	$$16.03 B	5.22%
2002-12-31	$$15.23 B	-26.02%
2001-12-31	$$20.59 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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China Telecom (0728.HK) - Net assets