Xiaomi (XIACF) - Net Assets

Net assets on the balance sheet as of June 2024 : £19.04 Billion

According to Xiaomi's latest financial reports the company has £19.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xiaomi - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£17.24 B	7.95%
2021-12-31	$£15.97 B	14.54%
2020-12-31	$£13.94 B	56.49%
2019-12-31	$£8.91 B	9.22%
2018-12-31	$£8.16 B	-156.41%
2017-12-31	$-£14.47 Billion	34.66%
2016-12-31	$-£10.75 Billion	19.11%
2015-12-31	$-£9.03 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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Xiaomi (XIACF) - Net assets