Youdao (DAO) - Net Assets

Net assets on the balance sheet as of September 2024 : -€0.3 Billion

According to Youdao 's latest financial reports the company has -€0.3 Billion 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	$-€0.2 Billion	97.29%
2021-12-31	$-€0.11 Billion	-42.3%
2020-12-31	$-€0.18 Billion	-555.98%
2019-12-31	$€38.46 M	-126.51%
2018-12-31	$-€0.15 Billion	18.22%
2017-12-31	$-€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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Youdao (DAO) - Net assets