Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$702.31 Billion

According to Bank of China's latest financial reports the company has NZ$702.31 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	$NZ$586.35 B	8.57%
2021-12-31	$NZ$540.05 B	17.51%
2020-12-31	$NZ$459.58 B	9.39%
2019-12-31	$NZ$420.15 B	12.33%
2018-12-31	$NZ$374.02 B	9.61%
2017-12-31	$NZ$341.24 B	10.37%
2016-12-31	$NZ$309.17 B	1.02%
2015-12-31	$NZ$306.05 B	25.47%
2014-12-31	$NZ$243.92 B	26.17%
2013-12-31	$NZ$193.33 B	15.1%
2012-12-31	$NZ$167.97 B	8.82%
2011-12-31	$NZ$154.35 B	16.46%
2010-12-31	$NZ$132.54 B	20.57%
2009-12-31	$NZ$109.93 B	-11.99%
2008-12-31	$NZ$124.91 B	53.39%
2007-12-31	$NZ$81.43 B	7.31%
2006-12-31	$NZ$75.88 B	59.35%
2005-12-31	$NZ$47.62 B	20.7%
2004-12-31	$NZ$39.45 B	-7.6%
2003-12-31	$NZ$42.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	NZ$735.62 B	4.74%	🇨🇳 China
China Construction Bank 601939.SS	NZ$817.00 B	16.33%	🇨🇳 China
ICBC 1398.HK	NZ$958.48 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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