Adagene (ADAG) - Total assets

Total assets on the balance sheet as of December 2023 : HK$0.89 Billion

According to Adagene's latest financial reports the company's total assets are HK$0.89 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Adagene - Total assets on balance sheet (from 2019 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	HK$1.19 B	-19.42%
2021-12-31	HK$1.47 B	126.22%
2020-12-31	HK$0.65 B	-20.79%
2019-12-31	HK$0.82 B	93.53%
2018-12-31	HK$0.42 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Novocure NVCR	HK$9.49 B	955.91%	Jersey
Novavax NVAX	HK$13.30 B	1,379.73%	🇺🇸 USA
Organovo ONVO	HK$52.47 M	-94.16%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$1.57 B	74.78%	🇬🇧 UK

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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