Youdao (DAO) - Net Assets

Net assets on the balance sheet as of June 2024 : -£0.24 B

According to Youdao 's latest financial reports the company has -£0.24 B 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
2022-12-31	$-£0.18 B	108.5%
2021-12-31	$-£84.92 M	-46.35%
2020-12-31	$-£0.16 B	-581.64%
2019-12-31	$£32.86 M	-125.13%
2018-12-31	$-£0.14 B	20.01%
2017-12-31	$-£0.11 B

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