Zhuzhou CRRC Times Electric (3898.HK)

Net assets on the balance sheet as of December 2023 : €4.97 Billion

According to Zhuzhou CRRC Times Electric's latest financial reports the company has €4.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Zhuzhou CRRC Times Electric - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$€4.77 B	3.41%
2021-12-31	$€4.61 B	52.56%
2020-12-31	$€3.02 B	6.62%
2019-12-31	$€2.83 B	10.89%
2018-12-31	$€2.55 B	10.57%
2017-12-31	$€2.31 B	5.13%
2016-12-31	$€2.20 B	11.24%
2015-12-31	$€1.97 B	33.35%
2014-12-31	$€1.48 B	35.49%
2013-12-31	$€1.09 B	42.89%
2012-12-31	$€0.76 B	15%
2011-12-31	$€0.66 B	28.23%
2010-12-31	$€0.51 B	31.09%
2009-12-31	$€0.39 B	10.14%
2008-12-31	$€0.35 B	21.23%
2007-12-31	$€0.29 B	13.31%
2006-12-31	$€0.26 B	281.57%
2005-12-31	$€68.65 M

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Zhuzhou CRRC Times Electric (3898.HK) - Net assets