VectivBio (VECT) - Net Assets

Net assets on the balance sheet as of December 2022 : HK$1.65 Billion

According to VectivBio's latest financial reports the company has HK$1.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VectivBio - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.66 B	84.31%
2021-12-31	$HK$0.90 B	261.93%
2020-12-31	$HK$0.24 B	246.46%
2019-12-31	$HK$72.13 M	-18.07%
2018-12-31	$HK$88.04 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	HK$2.80 B	69.09%	Jersey
Novavax NVAX	-HK$4.1 Billion	-346.73%	🇺🇸 USA
Organovo ONVO	HK$2.83 M	-99.83%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$0.62 B	-62.39%	🇬🇧 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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VectivBio (VECT) - Net assets

Net assets on the balance sheet as of December 2022 : HK$1.65 Billion