89bio (ETNB) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.93 Billion

According to 89bio's latest financial reports the company has HK$2.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

89bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.18 B	253.08%
2022-12-31	$HK$1.18 B	20.79%
2021-12-31	$HK$0.98 B	-37.58%
2020-12-31	$HK$1.57 B	124.61%
2019-12-31	$HK$0.70 B	-657.09%
2018-12-31	$-HK$0.13 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.12 B	-27.53%	🇺🇸 USA

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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89bio (ETNB) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.93 Billion