Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : $29.92 Million USD

According to Puyi Inc.'s latest financial reports the company has $29.92 Million USD 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	$$29.92 M	-22.89%
2022-06-30	$$38.81 M	-21.68%
2021-06-30	$$49.55 M	-5.3%
2020-06-30	$$52.33 M	-10.97%
2019-06-30	$$58.78 M	101.07%
2018-06-30	$$29.23 M	25.12%
2017-06-30	$$23.36 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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