JD Logistics (2618.HK)

Net assets on the balance sheet as of December 2023 : £6.23 Billion

According to JD Logistics's latest financial reports the company has £6.23 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	$£6.14 B	-3.58%
2022-12-31	$£6.37 B	35.8%
2021-12-31	$£4.69 B	-1542.67%
2020-12-31	$-£0.33 Billion	43%
2019-12-31	$-£0.23 Billion	116.77%
2018-12-31	$-£0.11 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