Bank of China (601988.SS) - Net assets

Net assets on the balance sheet as of September 2024 : S$551.03 Billion

According to Bank of China's latest financial reports the company has S$551.03 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	$S$499.07 B	0.08%
2021-12-31	$S$498.69 B	13.68%
2020-12-31	$S$438.70 B	15%
2019-12-31	$S$381.48 B	11.3%
2018-12-31	$S$342.74 B	5.74%
2017-12-31	$S$324.14 B	4.58%
2016-12-31	$S$309.95 B	4.61%
2015-12-31	$S$296.29 B	17.33%
2014-12-31	$S$252.53 B	25.46%
2013-12-31	$S$201.29 B	19.12%
2012-12-31	$S$168.98 B	8.32%
2011-12-31	$S$156.01 B	18.44%
2010-12-31	$S$131.71 B	17.5%
2009-12-31	$S$112.09 B	8.13%
2008-12-31	$S$103.66 B	15.49%
2007-12-31	$S$89.76 B	9.49%
2006-12-31	$S$81.97 B	51.26%
2005-12-31	$S$54.19 B	17.99%
2004-12-31	$S$45.93 B	-2.61%
2003-12-31	$S$47.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Agricultural Bank of China 601288.SS	S$577.16 B	4.74%	🇨🇳 China
China Construction Bank 601939.SS	S$641.02 B	16.33%	🇨🇳 China
ICBC 1398.HK	S$752.02 B	36.48%	🇨🇳 China

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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