Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : HK$0.23 Billion

According to Puyi Inc.'s latest financial reports the company has HK$0.23 Billion 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	$HK$0.23 B	-22.97%
2022-06-30	$HK$0.30 B	-20.84%
2021-06-30	$HK$0.38 B	-5.14%
2020-06-30	$HK$0.40 B	-11.69%
2019-06-30	$HK$0.45 B	100.18%
2018-06-30	$HK$0.22 B	25.82%
2017-06-30	$HK$0.18 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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