Gaotu Techedu (GOTU)

Net assets on the balance sheet as of September 2024 : €0.28 Billion

According to Gaotu Techedu 's latest financial reports the company has €0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$€0.41 B	4.82%
2021-12-31	$€0.39 B	-44.11%
2020-12-31	$€0.71 B	258.9%
2019-12-31	$€0.19 B	-6012.96%
2018-12-31	$-€3.37 Million	-94.52%
2017-12-31	$-€61.42 Million

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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Gaotu Techedu (GOTU) - Net assets