Gyre Therapeutics (GYRE)

Net assets on the balance sheet as of June 2024 : £71.12 M

According to Gyre Therapeutics's latest financial reports the company has £71.12 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gyre Therapeutics - Net assets on balance sheet (from 2024 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£10.94 M	26.5%
2022-12-31	$£8.65 M	2.35%
2021-12-31	$£8.45 M

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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Gyre Therapeutics (GYRE) - Net assets