Gaotu Techedu (GOTU)

Net assets on the balance sheet as of June 2024 : ₹31.02 Billion

According to Gaotu Techedu 's latest financial reports the company has ₹31.02 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	$₹37.14 B	10.38%
2021-12-31	$₹33.65 B	-47.62%
2020-12-31	$₹64.24 B	304.14%
2019-12-31	$₹15.89 B	-6005.1%
2018-12-31	$-₹0.27 Billion	-94.28%
2017-12-31	$-₹4.71 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