Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : A$44.83 Million

According to Puyi Inc.'s latest financial reports the company has A$44.83 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Puyi Inc. - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$44.9 M	-20.19%
2022-06-30	$A$56.27 M	-14.86%
2021-06-30	$A$66.09 M	-12.82%
2020-06-30	$A$75.81 M	-9.41%
2019-06-30	$A$83.69 M	111.94%
2018-06-30	$A$39.48 M	29.76%
2017-06-30	$A$30.43 M

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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