Youdao (DAO) - Net Assets

Net assets on the balance sheet as of June 2024 : -$0.32 Billion USD

According to Youdao 's latest financial reports the company has -$0.32 Billion USD 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	$-$0.22 Billion	86.87%
2021-12-31	$-$0.12 Billion	-46.87%
2020-12-31	$-$0.22 Billion	-600.65%
2019-12-31	$$43.09 M	-125.96%
2018-12-31	$-$0.17 Billion	12.71%
2017-12-31	$-$0.15 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