Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : £22.23 Million

According to Puyi Inc.'s latest financial reports the company has £22.23 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	$£23.54 M	-26.24%
2022-06-30	$£31.91 M	-10.93%
2021-06-30	$£35.83 M	-15.16%
2020-06-30	$£42.23 M	-8.78%
2019-06-30	$£46.3 M	109.22%
2018-06-30	$£22.13 M	23.2%
2017-06-30	$£17.96 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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