PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$15.85 Million

According to PainReform's latest financial reports the company has -HK$15.85 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$56.53 M	-34.34%
2022-12-31	$HK$86.1 M	-38.93%
2021-12-31	$HK$0.14 B	9.43%
2020-12-31	$HK$0.12 B	-394.26%
2019-12-31	$-HK$43.79 Million	25.45%
2018-12-31	$-HK$34.91 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	HK$46.69 M	-394.71%	🇺🇸 USA
OPKO Health OPK	HK$10.89 B	-68,861.39%	🇺🇸 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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PainReform (PRFX) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$15.85 Million