Cullinan Therapeutics (CGEM)

Net assets on the balance sheet as of September 2024 : HK$4.88 Billion

According to Cullinan Therapeutics's latest financial reports the company has HK$4.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cullinan Therapeutics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.54 B	-15.2%
2022-12-31	$HK$4.18 B	26.03%
2021-12-31	$HK$3.31 B	113.6%
2020-12-31	$HK$1.55 B	-599.61%
2019-12-31	$-HK$0.32 Billion	92.21%
2018-12-31	$-HK$0.17 Billion

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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Cullinan Therapeutics (CGEM) - Net assets