Telesis Bio (TBIO) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$77.28 Million

According to Telesis Bio's latest financial reports the company has HK$77.28 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.36 B	-48.6%
2021-12-31	$HK$0.70 B	-458.68%
2020-12-31	$-HK$0.2 Billion	237.75%
2019-12-31	$-HK$58.44 Million

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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Telesis Bio (TBIO) - Net assets