Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : ₹2.69 Billion

According to Puyi Inc.'s latest financial reports the company has ₹2.69 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	$₹2.45 B	-19.87%
2022-06-30	$₹3.06 B	-16.84%
2021-06-30	$₹3.68 B	-7.02%
2020-06-30	$₹3.96 B	-2.18%
2019-06-30	$₹4.05 B	102.53%
2018-06-30	$₹2.00 B	32.52%
2017-06-30	$₹1.50 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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