Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : £23.09 Million

According to Puyi Inc.'s latest financial reports the company has £23.09 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	$£23.72 M	-25.85%
2022-06-30	$£31.99 M	-10.63%
2021-06-30	$£35.8 M	-15.78%
2020-06-30	$£42.5 M	-8.19%
2019-06-30	$£46.3 M	109.21%
2018-06-30	$£22.13 M	23.24%
2017-06-30	$£17.95 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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