Gaotu Techedu (GOTU)

Net assets on the balance sheet as of June 2024 : £0.29 Billion

According to Gaotu Techedu 's latest financial reports the company has £0.29 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	$£0.37 B	10.77%
2021-12-31	$£0.33 B	-48.03%
2020-12-31	$£0.64 B	279.1%
2019-12-31	$£0.17 B	-5704.91%
2018-12-31	$-£3.04 Million	-94.44%
2017-12-31	$-£54.53 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