Gyre Therapeutics (GYRE)

Net assets on the balance sheet as of June 2024 : $93.34 Million USD

According to Gyre Therapeutics's latest financial reports the company has $93.34 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gyre Therapeutics - Net assets on balance sheet (from 2024 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$13.94 M	33.22%
2022-12-31	$$10.47 M	-8.51%
2021-12-31	$$11.44 M

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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Gyre Therapeutics (GYRE) - Net assets