Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : C$41.06 Million

According to Puyi Inc.'s latest financial reports the company has C$41.06 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	$C$39.61 M	-20.73%
2022-06-30	$C$49.96 M	-18.64%
2021-06-30	$C$61.41 M	-13.54%
2020-06-30	$C$71.03 M	-7.68%
2019-06-30	$C$76.94 M	100.17%
2018-06-30	$C$38.44 M	26.65%
2017-06-30	$C$30.35 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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