Youdao (DAO) - Net Assets

Net assets on the balance sheet as of September 2024 : -C$0.45 Billion

According to Youdao 's latest financial reports the company has -C$0.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Youdao - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.4 Billion	37.45%
2022-12-31	$-C$0.3 Billion	98.96%
2021-12-31	$-C$0.15 Billion	-46.9%
2020-12-31	$-C$0.28 Billion	-588.77%
2019-12-31	$C$56.28 M	-124.89%
2018-12-31	$-C$0.23 Billion	22.12%
2017-12-31	$-C$0.19 Billion

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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Youdao (DAO) - Net assets