Youdao (DAO) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$0.54 Billion

According to Youdao 's latest financial reports the company has -NZ$0.54 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	$-NZ$0.34 Billion	101.03%
2021-12-31	$-NZ$0.17 Billion	-43.87%
2020-12-31	$-NZ$0.3 Billion	-567.31%
2019-12-31	$NZ$63.98 M	-125.86%
2018-12-31	$-NZ$0.25 Billion	19.34%
2017-12-31	$-NZ$0.21 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