After three straight years of losses, the company's owners' equity has turned negative.
Tips
usage
The balance sheet, 资产负债表, rests on one identity: 资产 (assets) = 负债 (liabilities) + 所有者权益. A listed company's report usually calls it 股东权益 (shareholders' equity), and 净资产 (net assets) is the everyday way to say it.
