Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : HK$29.41 M

According to Phio Pharmaceuticals's latest financial reports the company has HK$29.41 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$84.68 M	-50.48%
2021-12-31	$HK$0.17 B	69.44%
2020-12-31	$HK$0.10 B	125.44%
2019-12-31	$HK$44.77 M	-57.89%
2018-12-31	$HK$0.10 B	642.43%
2017-12-31	$HK$14.32 M	-82.99%
2016-12-31	$HK$84.17 M	22.17%
2015-12-31	$HK$68.9 M	223.52%
2014-12-31	$HK$21.29 M	-44.43%
2013-12-31	$HK$38.32 M	-184.66%
2012-12-31	$-HK$45.27 M	892.87%
2011-12-31	$-HK$4.56 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	HK$46.88 M	59.42%	🇺🇸 USA
OPKO Health OPK	HK$10.87 B	36,881.71%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : HK$29.41 M