Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : C$41.55 Million

According to Puyi Inc.'s latest financial reports the company has C$41.55 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$39.65 M	-20.7%
2022-06-30	$C$50 M	-18.6%
2021-06-30	$C$61.43 M	-14.04%
2020-06-30	$C$71.46 M	-7.37%
2019-06-30	$C$77.15 M	100.71%
2018-06-30	$C$38.44 M	26.63%
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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