Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : €4.30 Billion

According to Hong Kong Telecom 's latest financial reports the company has €4.30 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	$€4.34 B	3.19%
2021-12-31	$€4.21 B	5.97%
2020-12-31	$€3.97 B	-8.67%
2019-12-31	$€4.35 B	3.71%
2018-12-31	$€4.19 B	3.82%
2017-12-31	$€4.04 B	-14.01%
2016-12-31	$€4.70 B	5.57%
2015-12-31	$€4.45 B	10.42%
2014-12-31	$€4.03 B	40.18%
2013-12-31	$€2.87 B	-5.22%
2012-12-31	$€3.03 B	-1.04%
2011-12-31	$€3.06 B	62.69%
2010-12-31	$€1.88 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