Xlife Sciences (XLS.SW)

Net assets on the balance sheet as of December 2023 : HK$3.37 Billion

According to Xlife Sciences's latest financial reports the company has HK$3.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.39 B	18.72%
2022-12-31	$HK$2.85 B	4.85%
2021-12-31	$HK$2.72 B	138.04%
2020-12-31	$HK$1.14 B	46.38%
2019-12-31	$HK$0.78 B	11.83%
2018-12-31	$HK$0.69 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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Xlife Sciences (XLS.SW) - Net assets