China Tower (0788.HK)

Net assets on the balance sheet as of December 2023 : S$37.89 Billion

According to China Tower 's latest financial reports the company has S$37.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Tower - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$37.62 B	-6.33%
2021-12-31	$S$40.17 B	6.34%
2020-12-31	$S$37.77 B	7.22%
2019-12-31	$S$35.23 B	-1.74%
2018-12-31	$S$35.85 B	36.8%
2017-12-31	$S$26.21 B	0.16%
2016-12-31	$S$26.16 B	-4.44%
2015-12-31	$S$27.38 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IHS Towers IHS	-S$0.37 Billion	-100.95%	🇬🇧 UK
American Tower AMT	S$13.81 B	-63.56%	🇺🇸 USA
Crown Castle CCI	S$7.17 B	-81.06%	🇺🇸 USA

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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China Tower (0788.HK) - Net assets

Net assets on the balance sheet as of December 2023 : S$37.89 Billion