Third Harmonic Bio (THRD)

Net assets on the balance sheet as of June 2024 : HK$1.99 Billion

According to Third Harmonic Bio's latest financial reports the company has HK$1.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Third Harmonic Bio - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.25 B	-720.16%
2021-12-31	$-HK$0.37 Billion	155.92%
2020-12-31	$-HK$0.15 Billion

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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Third Harmonic Bio (THRD) - Net assets