Chindata (CD) - Net assets

Net assets on the balance sheet as of June 2023 : HK$12.08 Billion

According to Chindata's latest financial reports the company has HK$12.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Chindata - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$12.35 B	-0.15%
2021-12-31	$HK$12.37 B	6.92%
2020-12-31	$HK$11.57 B	220.76%
2019-12-31	$HK$3.60 B	368.93%
2018-12-31	$HK$0.76 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PFSweb PFSW	HK$0.66 B	-94.51%	🇺🇸 USA

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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