Nuvation Bio (NUVB) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$2.00 B

According to Nuvation Bio's latest financial reports the company has HK$2.00 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.72 B	-7.66%
2022-12-31	$HK$5.11 B	-12.01%
2021-12-31	$HK$5.81 B	248.8%
2020-12-31	$HK$1.66 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	17.58%	🇺🇸 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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Nuvation Bio (NUVB) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.00 B