Hong Kong Telecom (6823.HK)

Net assets on the balance sheet as of December 2023 : NZ$7.32 B

According to Hong Kong Telecom 's latest financial reports the company has NZ$7.32 B 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	5.42%
2021-12-31	$NZ$6.96 B	2.49%
2020-12-31	$NZ$6.79 B	-5.95%
2019-12-31	$NZ$7.22 B	1.02%
2018-12-31	$NZ$7.15 B	4.77%
2017-12-31	$NZ$6.82 B	-4.33%
2016-12-31	$NZ$7.13 B	0.23%
2015-12-31	$NZ$7.12 B	13.95%
2014-12-31	$NZ$6.24 B	29.21%
2013-12-31	$NZ$4.83 B	-1.22%
2012-12-31	$NZ$4.89 B	-4.04%
2011-12-31	$NZ$5.10 B	56.36%
2010-12-31	$NZ$3.26 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