JD Logistics (2618.HK)

Net assets on the balance sheet as of December 2023 : HK$60.97 Billion

According to JD Logistics's latest financial reports the company has HK$60.97 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	$HK$61.18 B	1.5%
2022-12-31	$HK$60.27 B	21.96%
2021-12-31	$HK$49.42 B	-1537.04%
2020-12-31	$-HK$3.44 Billion	47.96%
2019-12-31	$-HK$2.33 Billion	122.71%
2018-12-31	$-HK$1.05 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