CITIC Bank (601998.SS)

Net assets on the balance sheet as of September 2024 : HK$919.89 Billion

According to CITIC Bank's latest financial reports the company has HK$919.89 Billion 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	$HK$776.95 B	-1.2%
2021-12-31	$HK$786.38 B	18.14%
2020-12-31	$HK$665.65 B	12.12%
2019-12-31	$HK$593.69 B	15.07%
2018-12-31	$HK$515.91 B	4.16%
2017-12-31	$HK$495.30 B	15.35%
2016-12-31	$HK$429.38 B	12.32%
2015-12-31	$HK$382.30 B	14.16%
2014-12-31	$HK$334.89 B	13.28%
2013-12-31	$HK$295.63 B	17.09%
2012-12-31	$HK$252.47 B	14.28%
2011-12-31	$HK$220.93 B	50.74%
2010-12-31	$HK$146.57 B	20.66%
2009-12-31	$HK$121.47 B	-17.01%
2008-12-31	$HK$146.37 B	62.74%
2007-12-31	$HK$89.94 B	183.61%
2006-12-31	$HK$31.71 B	39.14%
2005-12-31	$HK$22.79 B	178.04%
2004-12-31	$HK$8.19 B	-48.1%
2003-12-31	$HK$15.79 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