Is the net assets per share of a listed company real?

What is real? It's just a relative concept. However, there is a whole set of mechanisms in the market to ensure the authenticity of the financial statement data, and earnings per share is one of the financial data. Here's how it works:

The Ministry of Finance publishes accounting standards (in foreign countries, it is generally an association of accountants, which is a non-governmental organization), and the China Securities Regulatory Commission and the stock exchange publish information disclosure requirements - The management of the enterprise prepares the accounting statements of the listed company - The accounting firm (a profit-making enterprise) as an independent third party expresses its opinion on the authenticity of the accounting statements - > publishes the accounting statements (annual report). If it turns out that the accounting data is false, then the responsibility needs to be divided according to the "auditing standards" and punished by law (a famous example is that Arthur Andersen was forced to shut down during the "Enron incident").

In China, on the one hand, due to the poor level of practice of accounting firms, on the other hand, due to the small size of the firms, listed companies can easily force the firm to issue misleading audit opinions due to the bait of audit fees, and the regulatory authorities are not very mature, resulting in worrying quality of accounting information of listed companies (well-known examples are Yin Guangsha or Delong).

The quality of accounting information is true or not, but I believe that the quality of accounting information is gradually improving, but at present, it is not completely satisfactory.

In China, on the one hand, due to the poor level of practice of accounting firms, on the other hand, due to the small scale of the firms, listed companies use audit fees as bait, it is easy to force the firm to issue misleading audit opinions, and the regulatory authorities are not very mature, resulting in worrying quality of accounting information of listed companies (famous examples are Yin Guangsha or Delong).

In China's leading market, this is no secret, listed companies modify accounting statements, this is already a fact that almost everyone in the accounting industry knows. It's just that some of them are still more formal, most of the information is still more true, and some are the other extreme.

It should all be true, and this is reviewed by the Securities Regulatory Commission.

It depends on the accounting law and the accounting department, but China's accounting method is not very scientific, and with the change of the accounting law, it may tend to be true, but no country in the world is completely true.

Depending on the valuation criteria, net assets per share is a vague concept in itself.

Not absolutely true, 90% true.

Net assets are assets owned by the enterprise and can be used for discretion, which is owner's equity or equity capital. In fact, it is equivalent to the economic benefits that the owner can enjoy in the assets of the enterprise, mainly including paid-in capital, capital reserve, surplus reserve and undistributed profits.

Market value refers to the total value of the issued shares of a listed company calculated by the market, which is calculated by multiplying the market per share by the total number of shares issued. The sum of the market value of all listed companies in the whole market is the total market capitalization.

1. Listed companies are generally about twice the net assets of listed companies.

2. Net assets are one of the important bases for value investment, and generally have investment value if it falls below the opening price. If it falls below the net worth, it is the buying point.

3. The market value, that is, the total share capital, is the same as the relationship between total assets and net assets, which is to judge the specific investment value of a company. The two are generally positively correlated, with net assets rising and market value rising.

Net assets per share refers to the ratio of shareholders' equity to the total number of shares. The formula is as follows: net assets per share = total shareholders' equity total share capital * par value. This indicator reflects the present value of assets owned per share**.

Net assets per share refers to the ratio of shareholders' equity to the total number of shares. The formula is as follows: net assets per share = total shareholders' equity total share capital * par value. This indicator reflects the present value of assets owned per share**.

Net asset refers to the owner's equity or equity capital.

Net assets per share refers to the ratio of shareholders' equity to the total number of shares. The higher the net assets per share, the more value of assets per share owned by shareholders; The lower the net assets per share, the less the value of the assets per share owned by the shareholder. Generally, the higher the net assets per share, the better.

Net assets per share refers to the ratio of shareholders' equity to the total number of shares. The formula is as follows: net assets per share = shareholders' equity Total number of shares.

This indicator reflects the present value of assets owned per share**. The higher the net assets per share, the more value of assets per share owned by shareholders; The lower the net assets per share, the less the value of the assets per share owned by the shareholder. Generally, the higher the net assets per share, the better.

Article 95 of the Company Law of the People's Republic of China: When a limited liability company is changed to a share, the total paid-in share capital shall not be higher than the company's net assets. When a limited liability company is changed to a share, it shall be handled in accordance with the law when it is publicly issued in order to increase its capital.

Net assets per share generally include provident fund per share and undistributed profit per share.

Net assets per share refers to the ratio of shareholders' equity to total share capital. It is calculated as follows: net assets per share = shareholders' equity total share capital). This indicator reflects the present value of assets owned per share**.

The higher the net assets per share, the greater the present value of the assets owned by the shareholder; The less the net assets per share, the less the present value of the assets owned by the shareholders. Generally, the higher the net assets per share, the better.

The provident fund per share is the provident fund divided by the total number of shares.

Undistributed profit per share = total undistributed profit of the enterprise for the current period Total share capital.

Undistributed profit is the balance profit that the enterprise retains for distribution in the following years, and the undistributed profit has two meanings: one is the profit reserved for distribution in the following years; The second is profits that have not yet been earmarked for a specific purpose.

Net assets per share refers to the ratio of shareholders' equity to the total number of shares. The formula is as follows: net assets per share = total shareholders' equity total share capital * par value. This indicator reflects the present value of assets owned per share**.