Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : A$45.35 Million

According to Puyi Inc.'s latest financial reports the company has A$45.35 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$45.21 M	-19.86%
2022-06-30	$A$56.41 M	-14.47%
2021-06-30	$A$65.95 M	-13.39%
2020-06-30	$A$76.15 M	-9.03%
2019-06-30	$A$83.7 M	111.98%
2018-06-30	$A$39.48 M	29.88%
2017-06-30	$A$30.4 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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