JD Logistics (2618.HK)

Net assets on the balance sheet as of December 2023 : S$10.61 Billion

According to JD Logistics's latest financial reports the company has S$10.61 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	$S$10.34 B	0.03%
2022-12-31	$S$10.34 B	20.7%
2021-12-31	$S$8.56 B	-1559.96%
2020-12-31	$-S$0.59 Billion	45.86%
2019-12-31	$-S$0.41 Billion	120.99%
2018-12-31	$-S$0.19 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