SMIC (0981.HK) - Net Assets

Net assets on the balance sheet as of September 2024 : $31.42 Billion USD

According to SMIC's latest financial reports the company has $31.42 Billion USD 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	$$28.96 B	13.85%
2021-12-31	$$25.43 B	17.33%
2020-12-31	$$21.68 B	112.61%
2019-12-31	$$10.19 B	14.28%
2018-12-31	$$8.92 B	32.76%
2017-12-31	$$6.72 B	24.39%
2016-12-31	$$5.40 B	28.95%
2015-12-31	$$4.19 B	26.68%
2014-12-31	$$3.30 B	27.55%
2013-12-31	$$2.59 B	13.91%
2012-12-31	$$2.27 B	1.36%
2011-12-31	$$2.24 B	3.46%
2010-12-31	$$2.17 B	18.55%
2009-12-31	$$1.83 B	-34.42%
2008-12-31	$$2.79 B	-8.38%
2007-12-31	$$3.04 B	0.04%
2006-12-31	$$3.04 B	-0.71%
2005-12-31	$$3.06 B	-1.33%
2004-12-31	$$3.10 B	109.38%
2003-12-31	$$1.48 B	70.51%
2002-12-31	$$0.87 B	69.46%
2001-12-31	$$0.51 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