SMIC (0981.HK) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$55.65 Billion

According to SMIC's latest financial reports the company has NZ$55.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SMIC - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$45.61 B	22.48%
2021-12-31	$NZ$37.24 B	23.94%
2020-12-31	$NZ$30.04 B	98.45%
2019-12-31	$NZ$15.14 B	13.82%
2018-12-31	$NZ$13.30 B	40.57%
2017-12-31	$NZ$9.46 B	21.33%
2016-12-31	$NZ$7.80 B	27.41%
2015-12-31	$NZ$6.12 B	45.02%
2014-12-31	$NZ$4.22 B	33.78%
2013-12-31	$NZ$3.15 B	14.04%
2012-12-31	$NZ$2.76 B	-3.84%
2011-12-31	$NZ$2.87 B	2.28%
2010-12-31	$NZ$2.81 B	11.61%
2009-12-31	$NZ$2.52 B	-47.6%
2008-12-31	$NZ$4.81 B	20.94%
2007-12-31	$NZ$3.97 B	-7.99%
2006-12-31	$NZ$4.32 B	-3.67%
2005-12-31	$NZ$4.48 B	3.01%
2004-12-31	$NZ$4.35 B	90.74%
2003-12-31	$NZ$2.28 B	37.28%
2002-12-31	$NZ$1.66 B	34.46%
2001-12-31	$NZ$1.23 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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SMIC (0981.HK) - Net assets