GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : £13.69 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has £13.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GAC (Guangzhou Automobile Group) - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£14.65 B	36.1%
2021-12-31	$£10.76 B	10.44%
2020-12-31	$£9.74 B	8.29%
2019-12-31	$£9.00 B	0.84%
2018-12-31	$£8.92 B	11.56%
2017-12-31	$£8.00 B	52.88%
2016-12-31	$£5.23 B	27.45%
2015-12-31	$£4.10 B	9.36%
2014-12-31	$£3.75 B	10.03%
2013-12-31	$£3.41 B	7.42%
2012-12-31	$£3.17 B	2.98%
2011-12-31	$£3.08 B	22.08%
2010-12-31	$£2.52 B	30.55%
2009-12-31	$£1.93 B	2.97%
2008-12-31	$£1.87 B	64.66%
2007-12-31	$£1.14 B	43.31%
2006-12-31	$£0.79 B	-0.53%
2005-12-31	$£0.80 B	49.25%
2004-12-31	$£0.53 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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GAC (Guangzhou Automobile Group) (601238.SS) - Net assets