Xiaomi (XIACF) - Net Assets

Net assets on the balance sheet as of June 2024 : A$37.73 Billion

According to Xiaomi's latest financial reports the company has A$37.73 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xiaomi - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$30.66 B	3.08%
2021-12-31	$A$29.74 B	20.31%
2020-12-31	$A$24.72 B	48.11%
2019-12-31	$A$16.69 B	13.53%
2018-12-31	$A$14.70 B	-158.72%
2017-12-31	$-A$25.05 Billion	36.18%
2016-12-31	$-A$18.4 Billion	0.23%
2015-12-31	$-A$18.35 Billion

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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Xiaomi (XIACF) - Net assets