JD Logistics (2618.HK)

Net assets on the balance sheet as of December 2023 : ₹658.62 Billion

According to JD Logistics's latest financial reports the company has ₹658.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

JD Logistics - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹652.15 B	2.15%
2022-12-31	$₹638.40 B	35.32%
2021-12-31	$₹471.77 B	-1554.01%
2020-12-31	$-₹32.45 Billion	52.45%
2019-12-31	$-₹21.29 Billion	128.38%
2018-12-31	$-₹9.32 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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JD Logistics (2618.HK) - Net assets