GAC (Guangzhou Automobile Group) (601238.SS)

Net assets on the balance sheet as of September 2024 : S$23.59 Billion

According to GAC (Guangzhou Automobile Group)'s latest financial reports the company has S$23.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GAC (Guangzhou Automobile Group) - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$23.76 B	20.96%
2021-12-31	$S$19.64 B	11.76%
2020-12-31	$S$17.57 B	10.46%
2019-12-31	$S$15.91 B	2.8%
2018-12-31	$S$15.47 B	7.02%
2017-12-31	$S$14.46 B	54.75%
2016-12-31	$S$9.34 B	8.58%
2015-12-31	$S$8.60 B	11.44%
2014-12-31	$S$7.72 B	8.31%
2013-12-31	$S$7.13 B	13.58%
2012-12-31	$S$6.27 B	1.12%
2011-12-31	$S$6.20 B	23.58%
2010-12-31	$S$5.02 B	14.27%
2009-12-31	$S$4.39 B	11.61%
2008-12-31	$S$3.93 B	20.72%
2007-12-31	$S$3.26 B	36.4%
2006-12-31	$S$2.39 B	4.05%
2005-12-31	$S$2.29 B	36.82%
2004-12-31	$S$1.68 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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GAC (Guangzhou Automobile Group) (601238.SS) - Net assets