Drax Group (DRX.L) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$19.69 B

According to Drax Group's latest financial reports the company has HK$19.69 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Drax Group - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$19.73 B	57.63%
2022-12-31	$HK$12.51 B	-9.23%
2021-12-31	$HK$13.79 B	-2.73%
2020-12-31	$HK$14.17 B	-20.05%
2019-12-31	$HK$17.73 B	-2.83%
2018-12-31	$HK$18.24 B	-1.68%
2017-12-31	$HK$18.56 B	-5.15%
2016-12-31	$HK$19.56 B	6.22%
2015-12-31	$HK$18.42 B	-3%
2014-12-31	$HK$18.99 B	5.19%
2013-12-31	$HK$18.05 B	-2.48%
2012-12-31	$HK$18.51 B	17.68%
2011-12-31	$HK$15.73 B	37.2%
2010-12-31	$HK$11.46 B	-10.1%
2009-12-31	$HK$12.75 B	64.64%
2008-12-31	$HK$7.74 B	37.72%
2007-12-31	$HK$5.62 B	-45.46%
2006-12-31	$HK$10.31 B	250.36%
2005-12-31	$HK$2.94 B	-150.51%
2004-12-31	$-HK$5.83 B	-0.11%
2003-12-31	$-HK$5.84 B	107.28%
2002-12-31	$-HK$2.82 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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Drax Group (DRX.L) - Net assets