Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of September 2024 : £326.50 Billion

According to Bank of China's latest financial reports the company has £326.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bank of China - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£307.71 B	12.6%
2021-12-31	$£273.27 B	12.33%
2020-12-31	$£243.28 B	12.74%
2019-12-31	$£215.78 B	9.18%
2018-12-31	$£197.64 B	10.22%
2017-12-31	$£179.32 B	3.32%
2016-12-31	$£173.56 B	22.79%
2015-12-31	$£141.34 B	15.14%
2014-12-31	$£122.75 B	27.45%
2013-12-31	$£96.31 B	12.66%
2012-12-31	$£85.49 B	10.31%
2011-12-31	$£77.50 B	17.01%
2010-12-31	$£66.23 B	34.24%
2009-12-31	$£49.34 B	-0.24%
2008-12-31	$£49.46 B	57.52%
2007-12-31	$£31.39 B	15.04%
2006-12-31	$£27.29 B	44.6%
2005-12-31	$£18.87 B	28.71%
2004-12-31	$£14.66 B	-5.49%
2003-12-31	$£15.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	£341.98 B	4.74%	🇨🇳 China
China Construction Bank 601939.SS	£379.82 B	16.33%	🇨🇳 China
ICBC 1398.HK	£445.59 B	36.48%	🇨🇳 China

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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