What does net assets per share mean, high or low?

Net assets per share is a commonly used index in fundamental stock selection. It is a concept derived from net assets, which determines the operating strength and performance of listed companies, and the net assets contained in each share have a decisive impact on the stock price.

Stocks with high net assets per share are good, even the higher the better. The net asset value per share reflects the net asset value of the company represented by each share and is an important basis for supporting the stock market price. The greater the net asset value per share, the stronger the wealth represented by each share, and the stronger the ability to create profits and resist the influence of external factors. If the companies are of the same nature and the stock market prices are similar, the higher the net assets per share of the company's stock, the greater the development potential of the company and the investment value of the stock, and the smaller the investment risk borne by investors.

The net assets of a stock is the number of actual assets contained in each share of a listed company, which shows the economic strength of the listed company, because the operation of any enterprise is based on net assets. If the enterprise has too much debt and less net assets, it means that most of the operating results will be used to pay off debts; If there is too much debt, the enterprise will face the danger of bankruptcy.

Risk warning: This information does not constitute any investment advice. Investors should not use this information to replace their independent judgment, or make decisions only based on this information. It does not constitute any trading operation and does not guarantee any income. If you operate by yourself, please pay attention to position control and risk control.

Characteristics of intangible assets:

(1) immateriality, on the one hand, intangible assets have no physical form that people can feel with their senses, but can only be felt conceptually.

2 monopoly. The monopoly of intangible assets is manifested in the following aspects: under the protection of legal system, some intangible assets are prohibited from being obtained by non-holders for free; Illegal competition that excludes others. Such as patent right and trademark right; Although the exclusive rights of some intangible assets are not protected by law, they can actually be monopolized as long as the secrets are not leaked to the outside world, such as proprietary technology and secret decision-making. There are also some intangible assets that cannot be separated from the whole enterprise. Unless the property right of the whole enterprise is transferred, others can't get it, such as business reputation.

③ Uncertainty. On the one hand, influenced by technological progress and market changes, it is difficult to accurately determine the validity period of intangible assets; On the other hand, due to the unstable validity period.

4 * * * Enjoy. It means that intangible assets can be owned by several entities at the same time after paid transfer, while fixed assets and current assets cannot be used by two or more enterprises at the same time. For example, the transferee of trademark rights can use it, and the transferor can also use it.

⑤ High efficiency. Intangible assets can bring economic benefits far higher than their costs to enterprises.