What is the difference between giving shares and transferring shares, and what are the differences b

The difference between the conversion of share capital and the bonus shares:

The conversion of share capital refers to the conversion of capital reserve or surplus reserve into share capital, which does not change the rights and interests of shareholders, but increases the scale of share capital, so the objective result is similar to that of bonus shares. The essential difference between the conversion of share capital and the bonus share is that the bonus share comes from the company's annual after-tax profits, and only if the company has a surplus, can the bonus share be sent to the shareholders, while the conversion of share capital comes from the capital reserve, which can not be limited by the amount and time of the company's distributable profits in the current year, as long as the capital reserve on the company's books is reduced and the corresponding registered capital can be increased. Therefore, in a strict sense, the conversion of share capital is not really a return on dividends to shareholders.

Hello, 1Gift shares.

Giving shares means that the listed company will keep the profits of the current year in the enterprise and issue ** as dividends, so as to convert the profits into equity. After the bonus shares, the total structure of the company's assets, liabilities and shareholders' equity has not changed substantially. However, as the total share capital has increased, its net assets per share have decreased, and the stock price has decreased accordingly.

To put it simply, 10 shares for 10 shares is like 1 box of drinks worth 200 yuan being divided into two boxes, each box worth 100 yuan, although the drink is still the original drink, but the number has increased, and its value has not changed. But why do investors still like to give away? In summary, there are three reasons for this phenomenon:

1) Shareholders want to buy high value, but their funds are limited, and they cannot buy a large number of high**, if they are divided into two parts, then the number of shares they can bear becomes more.

2) Shareholders believe that the stock will rise in price in the future, for example, the ** worth 10 yuan now may be ** to 20 yuan, 30 yuan, or even 100 yuan in the future.

Of these three reasons, the first reason will not have an excessive impact on the future, while the second and third reasons are the intrinsic dynamics of the stock price.

2.Share transfer. The essential difference between a share transfer and a share gift is that:

The share gift comes from the company's annual after-tax profit, which is the company's undistributed profit in the form of dividends. The transfer of shares comes from the capital reserve, and the capital reserve of the enterprise is converted into shares according to the equity, and is not affected by the annual distributable profit of the enterprise.

Strictly speaking, the conversion of share capital is not a return on dividends to shareholders. As long as the capital reserve fund is sufficient, it will naturally have the conditions for increasing the share capital.

For a listed company, the transfer of shares is easy to do, while the gift of shares needs to have enough profit to achieve. However, for shareholders and friends, the meaning of the war is the same, and shareholders can use it to measure the profitability of listed companies. If a listed company chooses to give away shares instead of increasing share capital, then it usually means that the listed company's profitability is relatively good, and there are surplus profits for distribution, while not delaying the increase in capital reserve to promote future development.

Listed companies that rely on the conversion of share capital instead of giving away shares have relatively poor profitability and cannot provide enough cash for distribution, but their capital reserves may be relatively generous.

This information does not constitute any investment advice and should not be relied upon by investors as a substitute for their independent judgment or decision making based solely on such information.

When you say "share transfer", you mean "share capital increase". The share gift is to use the profits produced by the listed company in the current year to distribute to shareholders in the form of bonus shares. The "conversion of share capital" is to take a part of the capital reserve accumulated in previous years and distribute it to shareholders in the form of share capital.

In the form, it is to increase the shares of shareholders. There is no difference between the two in terms of ex-rights trading in the market. There is no difference in diluted net value per share and diluted profit per share, the difference is that the funds used to give away shares are different, and the book treatment is different.

When shareholders judge whether the company has the ability to give shares, they should look at whether the after-tax profit per share of the year is high. To judge whether the company has the ability to increase its share capital, it is necessary to look at whether the capital reserve per share accumulated in previous years is high. Of course, a company with both high will not necessarily give away shares, and a company with low both will definitely not give away shares!

The conversion of shares refers to the conversion of the company's capital reserve into shares according to equity, while the share gift is to use the company's undistributed profits to give shares in the form of dividends.

Ex-rights of shares to be given away ** = price on the record date of the shares (1 + share share distribution ratio).

The ** company that converts into shares is the same.

Bonus shares are the company's profits for the current year to stay in the company and issue ** as dividends, so as to convert profits into share capital. The shares given are the company's profits for the previous year. assets of the company. The structure of total shareholders' equity has not changed, but the net assets per share have decreased, but the total share capital has increased.

The increased shares come from the provident fund, and the shareholders' equity has not changed, but the size of the company's share capital has increased. The objective result is the same as the delivery of shares. It's all given away for free, and you don't have to pay for it.

The difference between them is that the shares can only be given if the company has a surplus in after-tax profits. The conversion of shares is not subject to the amount of the company's annual distributable profits.

Time limit, as long as the company's book capital reserve is reduced, the corresponding registered capital can be increased. Therefore, strictly speaking, the conversion of shares is not a return on dividends to shareholders.

Being able to give away shares at least means that the company's after-tax profits have a surplus, which is much stronger than that of a company that converts 10 to 10 shares, because they have no surplus to give away, and can only use the provident fund to increase. If the company's performance is not good, it may also turn 10 to 10, because it only needs to reduce the provident fund on the book and increase the corresponding registered capital. It is fundamentally different from a share delivery company.

1. Only when the company has profits can the company's undistributed profits be given shares in the form of dividends, and the transfer of shares is to take out money from the capital reserve and exchange it for shares to distribute to everyone. 2. Giving shares is that the listed company will keep the profits of the year in the company and issue ** as dividends, so as to convert the profits into share capital. The transfer of shares is not limited by the amount and time of the company's distributable profits in the current year, as long as the capital reserve on the company's books is reduced and the corresponding registered capital can be increased.

There is a difference! The share gift is to use the distributable profits of the listed company. The transfer of shares is the use of the capital reserve of the listed company. For shareholders, the two are the same, both of which have increased the number of people in their hands!

1. What is the difference between transferring shares and giving away shares?

1. The differences between transferring shares and giving away shares include:

1) The distribution method is different. The share is distributed from the undistributed profits, and the share transfer is the transfer of capital reserve to increase the share capital;

2) Taxes are different. It is a dividend income, which needs to pay individual income tax in accordance with the relevant tax laws, and does not need to pay individual income tax for share gifts;

3) Profits are different. It is issued as a dividend, and the transfer of shares is related to the profit of the year.

2. Legal basis: Article 27 of the Company Law of the People's Republic of China.

Shareholders can make capital contributions in monetary terms, or in kind, intellectual property rights, land use rights, etc., which can be valued in currency and can be transferred in accordance with the law. However, there is an exception for property that is not allowed to be used as capital contribution as stipulated by laws and administrative regulations.

The non-monetary property used as capital contribution shall be appraised and verified, and the property shall not be overvalued or undervalued. Where laws and administrative regulations have provisions on appraisal valuation, follow those provisions.

2. What are the prerequisites for the transfer of shares?

The conditions for selling before the transfer of shares include:

1. Only when the company has profits can it give shares, and the increase in shares is to use the provident fund to increase the total share capital;

2. The conversion of share capital refers to the conversion of capital reserve into share capital, which does not change the rights and interests of shareholders, but increases the scale of share capital, so the objective result is similar to that of giving shares.

Distinguish. 1. Content: Share transfer refers to the transfer of the company's capital reserve according to the equity converted into shares. The share gift is to use the company's undistributed profits to convert into ** form of shares.

2. In essence: the share is from the company's annual after-tax profits, only in the case of the company's surplus can be sent to shareholders bonus shares, but the positive ** itself is from the capital reserve, he can not be limited by the company's current year's distribution of profits and time, only need to reduce the company's capital reserve on the books, increase the corresponding registered capital can be transferred to shareholders.