Youdao (DAO) - Net Assets

Net assets on the balance sheet as of June 2024 : -£0.25 Billion

According to Youdao 's latest financial reports the company has -£0.25 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	$-£0.18 Billion	108.5%
2021-12-31	$-£84.92 Million	-46.35%
2020-12-31	$-£0.16 Billion	-581.64%
2019-12-31	$£32.86 M	-125.13%
2018-12-31	$-£0.14 Billion	20.01%
2017-12-31	$-£0.11 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