Sagimet Biosciences (SGMT)

Net assets on the balance sheet as of June 2024 : S$0.23 B

According to Sagimet Biosciences's latest financial reports the company has S$0.23 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sagimet Biosciences - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$0.26 B	17.43%
2021-12-31	$-S$0.22 B	18.78%
2020-12-31	$-S$0.18 B	6.63%
2019-12-31	$-S$0.17 B

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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Sagimet Biosciences (SGMT) - Net assets