Tourmaline Bio (TRML)

Net assets on the balance sheet as of December 2024 : HK$2.32 Billion

According to Tourmaline Bio's latest financial reports the company has HK$2.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tourmaline Bio - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$2.32 B	45.46%
2023-12-31	$HK$1.60 B	-1138.71%
2022-12-31	$-HK$0.16 Billion	8648.54%
2021-12-31	$-HK$1.77 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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Tourmaline Bio (TRML) - Net assets