Sagimet Biosciences (SGMT)

Net assets on the balance sheet as of June 2024 : HK$1.42 Billion

According to Sagimet Biosciences's latest financial reports the company has HK$1.42 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	$-HK$1.47 Billion	18.37%
2021-12-31	$-HK$1.24 Billion	17.13%
2020-12-31	$-HK$1.06 Billion	7.95%
2019-12-31	$-HK$0.98 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