Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : NZ$8.01 Billion

According to Hong Kong Telecom 's latest financial reports the company has NZ$8.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hong Kong Telecom - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$7.34 B	5.15%
2021-12-31	$NZ$6.98 B	3.07%
2020-12-31	$NZ$6.77 B	-6.4%
2019-12-31	$NZ$7.23 B	1.15%
2018-12-31	$NZ$7.15 B	4.81%
2017-12-31	$NZ$6.82 B	-4.33%
2016-12-31	$NZ$7.13 B	0.34%
2015-12-31	$NZ$7.11 B	13.65%
2014-12-31	$NZ$6.25 B	29.48%
2013-12-31	$NZ$4.83 B	-0.94%
2012-12-31	$NZ$4.87 B	-4.37%
2011-12-31	$NZ$5.10 B	57.01%
2010-12-31	$NZ$3.25 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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Hong Kong Telecom (6823.HK) - Net assets