CITIC Bank (601998.SS)

Net assets on the balance sheet as of June 2024 : £85.54 B

According to CITIC Bank's latest financial reports the company has £85.54 B 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	$£82.19 B	10.3%
2021-12-31	$£74.51 B	18.47%
2020-12-31	$£62.89 B	9.5%
2019-12-31	$£57.44 B	11.25%
2018-12-31	$£51.63 B	10.08%
2017-12-31	$£46.90 B	4.53%
2016-12-31	$£44.87 B	34.96%
2015-12-31	$£33.25 B	19.88%
2014-12-31	$£27.73 B	20.14%
2013-12-31	$£23.08 B	14.6%
2012-12-31	$£20.14 B	10.07%
2011-12-31	$£18.30 B	49.5%
2010-12-31	$£12.24 B	25.43%
2009-12-31	$£9.75 B	-25.71%
2008-12-31	$£13.13 B	127.39%
2007-12-31	$£5.77 B	177.52%
2006-12-31	$£2.08 B	22.12%
2005-12-31	$£1.70 B	209.98%
2004-12-31	$£0.54 B	-52.14%
2003-12-31	$£1.14 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