Gaotu Techedu (GOTU)

Net assets on the balance sheet as of September 2024 : C$0.42 Billion

According to Gaotu Techedu 's latest financial reports the company has C$0.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gaotu Techedu - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.60 B	5.71%
2021-12-31	$C$0.57 B	-48.56%
2020-12-31	$C$1.12 B	284.72%
2019-12-31	$C$0.29 B	-5651.5%
2018-12-31	$-C$5.25 Million	-94.34%
2017-12-31	$-C$92.65 Million

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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Gaotu Techedu (GOTU) - Net assets