Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$50.12 Million

According to Puyi Inc.'s latest financial reports the company has NZ$50.12 Million 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	$NZ$49.33 M	-20.88%
2022-06-30	$NZ$62.35 M	-12.06%
2021-06-30	$NZ$70.9 M	-12.92%
2020-06-30	$NZ$81.41 M	-6.89%
2019-06-30	$NZ$87.44 M	102.57%
2018-06-30	$NZ$43.16 M	35.05%
2017-06-30	$NZ$31.96 M

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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