Zhuzhou CRRC Times Electric (3898.HK)

Net assets on the balance sheet as of December 2023 : $5.33 Billion USD

According to Zhuzhou CRRC Times Electric's latest financial reports the company has $5.33 Billion USD 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	$$5.11 B	-2.05%
2021-12-31	$$5.22 B	40.47%
2020-12-31	$$3.71 B	17.06%
2019-12-31	$$3.17 B	8.59%
2018-12-31	$$2.92 B	5.43%
2017-12-31	$$2.77 B	19.92%
2016-12-31	$$2.31 B	7.01%
2015-12-31	$$2.16 B	19.88%
2014-12-31	$$1.80 B	19.32%
2013-12-31	$$1.51 B	49.19%
2012-12-31	$$1.01 B	17.14%
2011-12-31	$$0.86 B	25.19%
2010-12-31	$$0.69 B	21.71%
2009-12-31	$$0.56 B	12.87%
2008-12-31	$$0.50 B	16.07%
2007-12-31	$$0.43 B	25.38%
2006-12-31	$$0.34 B	325.03%
2005-12-31	$$81.33 M

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