XD Inc. (2400.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : A$0.39 B

According to XD Inc.'s latest financial reports the company has A$0.39 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

XD Inc. - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.40 B	-21.04%
2021-12-31	$A$0.51 B	0.16%
2020-12-31	$A$0.51 B	10.26%
2019-12-31	$A$0.46 B	68.09%
2018-12-31	$A$0.27 B	46.9%
2017-12-31	$A$0.18 B	85.1%
2016-12-31	$A$0.10 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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XD Inc. (2400.HK) - Net assets