Belite Bio (BLTE) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.15 Billion

According to Belite Bio's latest financial reports the company has S$0.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Belite Bio - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.11 B	114.67%
2022-12-31	$S$55.63 M	-372.67%
2021-12-31	$-S$20.41 Million	119.18%
2020-12-31	$-S$9.31 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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Belite Bio (BLTE) - Net assets