Gaotu Techedu (GOTU)

Net assets on the balance sheet as of September 2024 : S$0.39 Billion

According to Gaotu Techedu 's latest financial reports the company has S$0.39 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
2023-12-31	$S$0.58 B	-3.55%
2022-12-31	$S$0.60 B	-1.55%
2021-12-31	$S$0.61 B	-47.41%
2020-12-31	$S$1.16 B	286.69%
2019-12-31	$S$0.30 B	-5813.96%
2018-12-31	$-S$5.27 Million	-94.66%
2017-12-31	$-S$98.57 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