Reneo Pharmaceuticals (RPHM)

Net assets on the balance sheet as of June 2024 : HK$0.59 Billion

According to Reneo Pharmaceuticals's latest financial reports the company has HK$0.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Reneo Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.78 B	-31.95%
2021-12-31	$HK$1.14 B	-451.59%
2020-12-31	$-HK$0.33 Billion	81.26%
2019-12-31	$-HK$0.19 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.35 B	293.40%	🇺🇸 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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Reneo Pharmaceuticals (RPHM) - Net assets

Net assets on the balance sheet as of June 2024 : HK$0.59 Billion