Adicet Bio (ACET) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.82 Billion

According to Adicet Bio's latest financial reports the company has HK$1.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adicet Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.28 B	-3.37%
2021-12-31	$HK$2.36 B	177.62%
2020-12-31	$HK$0.85 B	-281.1%
2019-12-31	$-HK$0.48 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Quaker Houghton KWR	HK$11.25 B	515.14%	🇺🇸 USA
Merck MRK	HK$346.74 B	18,852.75%	🇺🇸 USA
Pfizer PFE	HK$720.24 B	39,267.79%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	HK$49.67 B	2,615.31%	🇮🇱 Israel
Novartis NVS	HK$338.03 B	18,376.80%	🇨🇭 Switzerland
Hawkins HWKN	HK$3.45 B	88.58%	🇺🇸 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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Adicet Bio (ACET) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.82 Billion