Puyi Inc. (PUYI) - Net assets

Net assets on the balance sheet as of June 2023 : S$38.39 Million

According to Puyi Inc.'s latest financial reports the company has S$38.39 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	$S$40.46 M	-25%
2022-06-30	$S$53.95 M	-19.03%
2021-06-30	$S$66.64 M	-8.62%
2020-06-30	$S$72.93 M	-8.22%
2019-06-30	$S$79.46 M	99.44%
2018-06-30	$S$39.84 M	23.87%
2017-06-30	$S$32.16 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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