WuXi Biologics (WXXWY)

Net assets on the balance sheet as of December 2023 : $6.22 Billion USD

According to WuXi Biologics's latest financial reports the company has $6.22 Billion USD 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	$$5.25 B	2.3%
2021-12-31	$$5.13 B	60.18%
2020-12-31	$$3.20 B	73.58%
2019-12-31	$$1.84 B	58.81%
2018-12-31	$$1.16 B	87.92%
2017-12-31	$$0.61 B	1488.13%
2016-12-31	$$38.95 M	72.91%
2015-12-31	$$22.52 M	-62.49%
2014-12-31	$$60.05 M

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