Sagimet Biosciences (SGMT)

Net assets on the balance sheet as of September 2024 : A$0.26 Billion

According to Sagimet Biosciences's latest financial reports the company has A$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sagimet Biosciences - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$0.28 Billion	25.85%
2021-12-31	$-A$0.22 Billion	23.5%
2020-12-31	$-A$0.18 Billion	-1.25%
2019-12-31	$-A$0.18 Billion

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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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Sagimet Biosciences (SGMT) - Net assets