Turnstone Biologics (TSBX)

Net assets on the balance sheet as of June 2025 : HK$0.11 Billion

According to Turnstone Biologics's latest financial reports the company has HK$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turnstone Biologics - Net assets on balance sheet (from 2022 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$HK$0.24 B	-68.3%
2023-12-31	$HK$0.77 B	-197.2%
2022-12-31	$-HK$0.8 Billion	24.21%
2021-12-31	$-HK$0.64 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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Turnstone Biologics (TSBX) - Net assets