Gracell Biotechnologies (GRCL) - Net assets

Net assets on the balance sheet as of September 2023 : A$0.35 Billion

According to Gracell Biotechnologies's latest financial reports the company has A$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gracell Biotechnologies - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.29 B	-25.9%
2021-12-31	$A$0.39 B	142.03%
2020-12-31	$A$0.16 B	213.04%
2019-12-31	$A$52.2 M	10514.6%
2018-12-31	$A$0.49 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.38 B	7.44%	🇺🇸 USA

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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