Ocean Biomedical (OCEA)

Net assets on the balance sheet as of September 2024 : -HK$0.77 Billion

According to Ocean Biomedical's latest financial reports the company has -HK$0.77 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocean Biomedical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$0.71 Billion	738.58%
2022-12-31	$-HK$84.54 Million	-110.3%
2021-12-31	$HK$0.82 B	-5716.55%
2020-12-31	$-HK$14.62 Million	708.75%
2019-12-31	$-HK$1.81 Million

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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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Ocean Biomedical (OCEA) - Net assets