WuXi Biologics (WXXWY)

Net assets on the balance sheet as of December 2023 : HK$48.47 Billion

According to WuXi Biologics's latest financial reports the company has HK$48.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

WuXi Biologics - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$41.02 B	2.5%
2021-12-31	$HK$40.02 B	61.12%
2020-12-31	$HK$24.84 B	72.78%
2019-12-31	$HK$14.37 B	57.94%
2018-12-31	$HK$9.10 B	88.35%
2017-12-31	$HK$4.83 B	1500.09%
2016-12-31	$HK$0.30 B	72.99%
2015-12-31	$HK$0.17 B	-62.51%
2014-12-31	$HK$0.46 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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WuXi Biologics (WXXWY) - Net assets