Annovis Bio (ANVS) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$54.88 Million

According to Annovis Bio's latest financial reports the company has HK$54.88 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Annovis Bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$60.54 Million	-127.35%
2022-12-31	$HK$0.22 B	-36.22%
2021-12-31	$HK$0.34 B	493.5%
2020-12-31	$HK$58.45 M	-187.52%
2019-12-31	$-HK$66.8 Million	12.32%
2018-12-31	$-HK$59.47 Million	9.27%
2017-12-31	$-HK$54.43 Million

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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Annovis Bio (ANVS) - Net assets