Provention Bio (PRVB)

Net assets on the balance sheet as of December 2022 : HK$0.94 Billion

According to Provention Bio's latest financial reports the company has HK$0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provention Bio - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.95 B	10.26%
2021-12-31	$HK$0.86 B	-162.7%
2020-12-31	$-HK$1.38 Billion	-315.23%
2019-12-31	$HK$0.63 B	36.96%
2018-12-31	$HK$0.46 B	196.73%
2017-12-31	$HK$0.15 B	-12426.89%
2016-12-31	$-HK$1.28 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	HK$2.65 B	180.13%	Jersey
Novavax NVAX	-HK$1.22 Billion	-228.58%	🇺🇸 USA
Organovo ONVO	HK$81.65 M	-91.39%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$0.62 B	-34.13%	🇬🇧 UK

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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Provention Bio (PRVB) - Net assets

Net assets on the balance sheet as of December 2022 : HK$0.94 Billion