Gaotu Techedu (GOTU)

Net assets on the balance sheet as of September 2024 : HK$2.29 Billion

According to Gaotu Techedu 's latest financial reports the company has HK$2.29 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	$HK$3.50 B	-0.52%
2021-12-31	$HK$3.52 B	-48.23%
2020-12-31	$HK$6.81 B	292.25%
2019-12-31	$HK$1.73 B	-5858.48%
2018-12-31	$-HK$30.16 Million	-94.76%
2017-12-31	$-HK$0.58 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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Gaotu Techedu (GOTU) - Net assets