Xiaomi (XIACF) - Net Assets

Net assets on the balance sheet as of June 2024 : S$32.14 Billion

According to Xiaomi's latest financial reports the company has S$32.14 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	$S$27.97 B	-4.06%
2021-12-31	$S$29.15 B	15.91%
2020-12-31	$S$25.15 B	59.62%
2019-12-31	$S$15.75 B	11.34%
2018-12-31	$S$14.15 B	-154.12%
2017-12-31	$-S$26.16 Billion	36.3%
2016-12-31	$-S$19.19 Billion	1.47%
2015-12-31	$-S$18.91 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