XD Inc. (2400.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$0.46 Billion

According to XD Inc.'s latest financial reports the company has NZ$0.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

XD Inc. - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.43 B	-20.49%
2021-12-31	$NZ$0.54 B	-0.16%
2020-12-31	$NZ$0.54 B	12.81%
2019-12-31	$NZ$0.48 B	66.99%
2018-12-31	$NZ$0.29 B	40.4%
2017-12-31	$NZ$0.20 B	95.53%
2016-12-31	$NZ$0.10 B

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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XD Inc. (2400.HK) - Net assets