Cingulate (CING) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$24 Million

According to Cingulate's latest financial reports the company has HK$24 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cingulate - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$30.33 M	-81.34%
2021-12-31	$HK$0.16 B	1522.17%
2020-12-31	$HK$10.01 M	108.88%
2019-12-31	$HK$4.79 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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Cingulate (CING) - Net assets