XD Inc. (2400.HK) - Net Assets

Net assets on the balance sheet as of December 2023 : S$0.35 Billion

According to XD Inc.'s latest financial reports the company has S$0.35 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	$S$0.37 B	-26.72%
2021-12-31	$S$0.50 B	-3.42%
2020-12-31	$S$0.52 B	18.6%
2019-12-31	$S$0.44 B	65.46%
2018-12-31	$S$0.26 B	35.45%
2017-12-31	$S$0.19 B	85.27%
2016-12-31	$S$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