RXO (RXO) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$4.50 Billion

According to RXO's latest financial reports the company has HK$4.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RXO - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.63 B	1.15%
2022-12-31	$HK$4.58 B	-45.03%
2021-12-31	$HK$8.34 B	0.77%
2020-12-31	$HK$8.27 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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RXO (RXO) - Net assets