Drax Group (DRX.L) - Net assets

Net assets on the balance sheet as of December 2023 : HK$19.66 Billion

According to Drax Group's latest financial reports the company has HK$19.66 Billion 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%
2021-12-31	$HK$13.75 B	-2.82%
2020-12-31	$HK$14.15 B	-19.22%
2019-12-31	$HK$17.52 B	-3.5%
2018-12-31	$HK$18.15 B	-2.19%
2017-12-31	$HK$18.56 B	-5.15%
2016-12-31	$HK$19.56 B	6.33%
2015-12-31	$HK$18.40 B	-3.08%
2014-12-31	$HK$18.99 B	5.31%
2013-12-31	$HK$18.03 B	-2.56%
2012-12-31	$HK$18.50 B	17.63%
2011-12-31	$HK$15.73 B	36.72%
2010-12-31	$HK$11.50 B	-10.49%
2009-12-31	$HK$12.85 B	63.74%
2008-12-31	$HK$7.85 B	40.42%
2007-12-31	$HK$5.59 B	-45.79%
2006-12-31	$HK$10.31 B	250.36%
2005-12-31	$HK$2.94 B	-145.46%
2004-12-31	$-HK$6.48 Billion	10.21%
2003-12-31	$-HK$5.88 Billion	108.77%
2002-12-31	$-HK$2.82 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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