Gaotu Techedu (GOTU)

Net assets on the balance sheet as of June 2024 : NZ$0.59 B

According to Gaotu Techedu 's latest financial reports the company has NZ$0.59 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gaotu Techedu - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.70 B	7.09%
2021-12-31	$NZ$0.66 B	-45.95%
2020-12-31	$NZ$1.22 B	269.61%
2019-12-31	$NZ$0.33 B	-5860.2%
2018-12-31	$-NZ$5.74 M	-94.47%
2017-12-31	$-NZ$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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Gaotu Techedu (GOTU) - Net assets