Youdao (DAO) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹26.4 Billion

According to Youdao 's latest financial reports the company has -₹26.4 Billion 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	$-₹17.73 Billion	107.75%
2021-12-31	$-₹8.54 Billion	-45.93%
2020-12-31	$-₹15.78 Billion	-613.45%
2019-12-31	$₹3.07 B	-126.48%
2018-12-31	$-₹11.61 Billion	23.43%
2017-12-31	$-₹9.41 Billion

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