Zhuzhou CRRC Times Electric (3898.HK)

Net assets on the balance sheet as of December 2023 : NZ$9.43 Billion

According to Zhuzhou CRRC Times Electric's latest financial reports the company has NZ$9.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Zhuzhou CRRC Times Electric - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$8.06 B	5.38%
2021-12-31	$NZ$7.64 B	48.38%
2020-12-31	$NZ$5.15 B	9.27%
2019-12-31	$NZ$4.71 B	8.15%
2018-12-31	$NZ$4.36 B	11.62%
2017-12-31	$NZ$3.90 B	16.96%
2016-12-31	$NZ$3.34 B	5.73%
2015-12-31	$NZ$3.16 B	37.24%
2014-12-31	$NZ$2.30 B	25.14%
2013-12-31	$NZ$1.83 B	49.35%
2012-12-31	$NZ$1.23 B	11.13%
2011-12-31	$NZ$1.10 B	23.75%
2010-12-31	$NZ$0.89 B	14.58%
2009-12-31	$NZ$0.78 B	-9.82%
2008-12-31	$NZ$0.86 B	53.21%
2007-12-31	$NZ$0.56 B	15.32%
2006-12-31	$NZ$0.49 B	312.36%
2005-12-31	$NZ$0.11 B

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Zhuzhou CRRC Times Electric (3898.HK) - Net assets