DDC Enterprise (DDC)

Net assets on the balance sheet as of June 2023 : -A$0.35 Billion

According to DDC Enterprise's latest financial reports the company has -A$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

DDC Enterprise - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$0.32 Billion	23.42%
2021-12-31	$-A$0.26 Billion	97.55%
2020-12-31	$-A$0.13 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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DDC Enterprise (DDC) - Net assets