CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : $118.39 Billion USD

According to CITIC Bank's latest financial reports the company has $118.39 Billion USD 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	$$99.44 B	-1.4%
2021-12-31	$$100.84 B	17.45%
2020-12-31	$$85.86 B	12.64%
2019-12-31	$$76.23 B	15.71%
2018-12-31	$$65.88 B	3.92%
2017-12-31	$$63.39 B	14.49%
2016-12-31	$$55.37 B	12.26%
2015-12-31	$$49.32 B	14.24%
2014-12-31	$$43.17 B	13.25%
2013-12-31	$$38.12 B	17.04%
2012-12-31	$$32.57 B	14.51%
2011-12-31	$$28.44 B	51.03%
2010-12-31	$$18.83 B	20.22%
2009-12-31	$$15.66 B	-17.29%
2008-12-31	$$18.94 B	64.21%
2007-12-31	$$11.53 B	182.9%
2006-12-31	$$4.07 B	38.71%
2005-12-31	$$2.93 B	178.68%
2004-12-31	$$1.05 B	-48.23%
2003-12-31	$$2.03 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