Question 1: What does it mean if the provident fund per share of a stock is high? The provident fund is a matter of the company. Every company must have a provident fund. One is the capital reserve fund, which is the money incidental to the share capital, such as the money sold at a premium exceeding the share capital; the other is the surplus reserve fund, which is the company's profits retained in the enterprise. money.

Theoretically, the provident fund is the money of shareholders, but just like state-owned enterprises, it is theoretically owned by the people of the whole country. You have no right to ask for it to be distributed to you, unless approved by the shareholders' meeting and permitted by law. The entrusted ratio is the ratio of the difference between the entrusted buying amount and the entrusted selling amount and their sum.

What is capital reserve fund?

The concept and content of capital reserve fund

Capital reserve is the capital appreciation formed when an enterprise engages in non-business activities and belongs to all investors. It mainly includes items such as capital premium, donations received, capital conversion differences, revaluation and appreciation of legal property, etc.

(1) Capital premium

Capital premium refers to the difference between the actual capital contribution paid by the investor and the statutory capital contribution determined based on the registered capital and investment ratio. This type of capital contribution generally occurs when other investors participate in the operation, the original investors increase capital unilaterally, and the original investors increase capital at the same time. During the operation period of an operator, when new investors join, the original investors often require that they contribute capital in an amount greater than the legal capital contribution, so that the new investors can recognize and reward the market reputation that the invested enterprise has gained. The difference over the statutory capital contribution is the capital premium of the enterprise. In addition, after a company has been operating for a period of time, it will form book accumulation, such as withdrawn surplus reserves, undistributed profits, etc. This part of accumulated profits is also shared by new investors. As a condition for sharing this part of profits, new investors must invest the legal capital contribution. A joint stock company issues shares at a price that exceeds the face value, and the premium income received is also a capital premium.

(2) Accepting donations

Accepting donated assets refers to assets donated to the enterprise by ***, social groups or individuals. The various assets donated by a company do not belong to the capital invested by investors, because the donor does not own the company's net assets and is not responsible for the company's losses. Therefore, donations received by the enterprise are credited to the "capital reserve" account.

(3) Legal property revaluation and appreciation

Legal property revaluation and appreciation means that when an enterprise revalues ??the assets it occupies in accordance with national regulations, the revaluation value is greater than the book value Amount of value. Generally speaking, corporate property should be recorded at the actual cost when acquired. Unless the state stipulates adjustments when prices change, the book value cannot be adjusted at will. However, under special circumstances, companies may revalue assets. For example: enterprise splits, mergers and reorganizations; enterprises investing externally with physical assets and intangible assets; when prices rise to a large extent, the book value and actual value of enterprises are seriously separated.

(4) Capital conversion difference

When an enterprise accepts foreign currency investment, it shall convert the foreign currency into capital according to the exchange rate on the day when the investment is received or deposited into its account opening bank or the exchange rate on the 1st of the month. The RMB is credited to the relevant asset account, and the RMB converted according to the investment exchange rate stipulated in the contract and agreement is credited to the "paid-in capital" account. Due to the difference in conversion exchange rates used in the two accounts, the difference in the accounting standard currency is the difference in conversion of the invested capital and is recorded in the "capital reserve" account

Question 2: What is the reserve fund per share? What does it mean? The capital reserve fund per share refers to a kind of reserve fund withdrawn from the company's income other than profits. Its main sources include stock premium income, property revaluation and appreciation, and accepting donated assets. Its purpose is mainly to expand the company's production and operation activities and increase the company's registered capital. Among them, stock issuance premium is the most common and important source of capital reserve funds for listed companies. Capital reserve is the appreciation of assets caused by non-operating reasons of the enterprise, and it is the owner's equity formed by the conversion of non-profit. Capital reserve is a form of quasi-capital or capital reserve that can be converted into capital after certain procedures.

Question 3: The difference between provident fund per share and undistributed profits. Provident fund is divided into capital reserve and surplus reserve.

Capital reserve comes from share premium and acceptance of donations, whether it is operating or not. income.

The surplus reserve is a part of the enterprise's operating income. It is the enterprise development reserve fund that is accrued in proportion to the net profit.

The surplus reserve refers to the company's after-tax profits in accordance with regulations. The accumulated funds withdrawn from the capital reserve are the appreciation of the company's assets arising from non-operational reasons.

Undistributed profit is the balance of net profit from operations minus distributions. It is retained earnings for unspecified purposes

1. Capital reserve per share + undistributed profits per share + capital per share = net assets per share 2. Company net assets + company liabilities = total assets of the company, Therefore, total assets include provident fund and undistributed profits. 3. Since total assets can be fixed assets, bank deposits, or bank loans, which is a way of existence, the provident fund and undistributed profits can be embodied in fixed assets or bank loans. But in practice, no distinction is made between them, and it has no meaning.

Question 4: What is the meaning of capital reserve fund per share? In popular language, everything mentioned on the first floor is correct. The provident fund is a portion of all profits earned since the establishment of the company.

To understand the capital reserve fund, it must be understood in conjunction with net assets, equity, undistributed profits and other items.

Net assets = share capital + capital reserve + undistributed profits

For example:

The company was established in 1990 with a share capital of 10 million. The company's net assets are also 10 million.

There was nothing at the beginning, the provident fund was zero, and the undistributed profits were also zero.

Five years later, in 1990-95, the company's total profit was 20 million, and its net assets became 30 million. According to national regulations, 10% of profits must be converted into capital reserve funds. So:

The share capital is still 10 million, the provident fund is 2 million, and the undistributed profits are 18 million. Total net worth is 30 million.

The provident fund per share must be divided by the total share capital,

Therefore, the provident fund per share = 0.2 yuan. Undistributed profit per share is 1.8 yuan, and net assets per share are 3 yuan.

In 1995, the company made money and should pay dividends to shareholders. According to the Company Law, shareholders can only distribute undistributed profits, but share capital and public reserves cannot be misappropriated. Therefore, the company can distribute up to 18 million in dividends. It was finally decided to distribute a dividend of 2 million to shareholders.

After dividends: share capital is still 10 million, provident fund is 2 million, undistributed profits become 16 million, and net assets become 28 million.

In 1996, the company went public. The company’s net assets per share were 2.8 yuan, so the issue price of 10 yuan should be no problem. 6 million new shares were issued and 60 million funds were raised. If a stock with a face value of 1 yuan is issued and sold for 10 yuan, the extra 9 yuan will be included in the provident fund. That is 54 million more provident funds.

After IPO: share capital is 16 million, provident fund increased to 56 million, undistributed profits remain unchanged at 16 million, net assets are 88 million.

Provident fund per share: 3.5 yuan, retained profit per share: 1 yuan, net assets per share: 5.5 yuan.

In 1997, the company started playing the giveaway game. When new shares are listed, the stock price reaches 20 yuan under the expectation of high growth and high transfers.

The company decided: 10 to 10. What does it mean? That is, for every 10 shares of stock, 10 shares will be added to share capital through the provident fund.

Overall data:

It turns out to be like this (in millions of yuan): share capital 16, provident fund 56, undistributed profits 16, net assets 88

Transfer After the increase, it became like this: share capital 32, provident fund 40, undistributed profits 16, net assets 88

Data per share:

It turned out to be like this: Provident fund per share: 3.5 yuan per share Undistributed profits per share: 1 yuan Net assets per share: 5.5 yuan

After the transfer, it becomes like this: Provident fund per share: 1.25 yuan Undistributed profits per share: 0.5 yuan Net assets per share: 2.75 yuan< /p>

After ex-rights, the stock price changes from 20 yuan to 10 yuan, and every 10 shares becomes 20 shares. The reserve fund per share was significantly reduced, and the net assets per share were halved.

In summary, what is the Provident Fund? The provident fund is a part of net assets. The increase in net assets must rely on profits or the issuance of new shares. The value of the provident fund is actually the accumulated profits over the years × 10% plus the new share issuance premium. Provident funds cannot be moved, so they are similar to share capital and can be converted into share capital.

A high provident fund per share means that the company has high potential for transfer, so what are the benefits of converting the reserve fund into share capital? I really don’t know what the benefits are, because the transfer has no impact on the future development of the company, and there is no dividend paid to shareholders. It just adjusts the financial data, but anyway, high transfer is a good thing, and it will increase.

Question 5: Which one is more important, the common reserve fund per share or the net assets per share? Which one is more important, the common reserve fund per share or the net assets per share? Of course, the important one is the net assets per share. This is where shareholder value lies.

From the balance sheet: the net assets of a company are owners’ equity, and all equity includes undistributed profits, including capital reserve funds

Net assets per share = owners’ equity/ Paid-in capital

Capital reserve per share = capital reserve/paid-in capital

Undistributed profits per share = undistributed profits/paid-in capital

From now on It can be seen that they are a whole and part relationship, that is, capital reserve per share and retained earnings per share are components of net assets per share, because there are other matters, which can be seen in the asset statement.

Question 6: What does the provident fund in stocks mean? It is actually the owner's equity. It consists of two parts. One part is the capital invested when the company was founded, including the premium part, and the other part is the capital invested by the company during its operation. assets created in the company, including assets received from donations. The more net assets per share, the more guaranteed your equity is in theory. Assets minus liabilities are the owner's equity. The provident fund includes capital reserve and surplus reserve

Capital reserve refers to the capital invested by investors or others into the enterprise, the ownership belongs to the investor, and the amount invested exceeds the statutory capital. According to my country's accounting standards, there are four credits that can be included in capital reserves: capital (share capital) premium, other capital reserves, asset capital reserve assessment appreciation, donated capital and capital conversion differences.

Process refers to various accumulated funds that the company withdraws from net profits in accordance with regulations. Surplus reserves are divided into two categories: public welfare funds and general surplus reserves according to their different uses. The public welfare fund is used exclusively for expenditures on welfare facilities for company employees. According to current regulations, listed companies withdraw statutory public welfare funds at a rate of 5% to 10% of after-tax profits.

Question 7: What is the capital reserve fund per share and undistributed profits of stocks? 1. Capital reserve fund per share: refers to a kind of reserve fund withdrawn from income other than company profits. Its main sources include income from stock premium issuance, property revaluation appreciation, and donated assets accepted by the company. Its purpose is mainly to expand the company's production and operation activities and increase the company's registered capital. For example, if a company converts to bonus shares, the higher the capital reserve per share, the greater the possibility of converting it to bonus shares.

2. Undistributed profits per share: It is the company’s remaining profits over the years that have been reserved for distribution in subsequent years. Undistributed profits have two meanings. One is profits that are reserved for distribution in subsequent years; the other is profits that have not yet been designated for specific purposes. Profit per share can be used to cover company losses, cash dividends and bonus shares. The higher the retained earnings per share, the greater the possibility of bonus shares.

3. The stock price is 4.5 yuan, the provident fund (per share) is 3.811 yuan, and the undistributed profit (per share) is 5.391 yuan. Explain how this stock is:

Of course it is a hot spot in the near future. I don’t know which stock you are talking about about the high bonus transfer stock.

Question 8: What are the top 10 stocks in terms of provident fund per share? 002466～300343～300473～002315～300485～002289～002623～002393～603018～300256

Question 9: What does the reserve fund per share mean? What does the stock reserve fund mean? The reserve fund per share is the reserve fund divided by the total shares. number. If there is a large amount of provident fund per share, it means that there are conditions for converting shares into shares. Giving away shares and converting shares in a bull market will often lead to rights filling. However, it is the major shareholders who have the final say whether to convert the shares into shares or not.

A listed company without provident fund is a listed company without hope.

The company's annual profits have the following distribution principles. First, the capital reserve fund is withdrawn, which is about 30%. It is also withdrawn from the public welfare fund, which is about 5%. It is also required to withdraw bad debt provisions. The specific amount is unknown. The company cannot All profits per share are paid off. It can only be a bit interesting, unless the company really has high growth potential. If the company really has high growth potential, the company will use the capital reserve fund to donate equity. If a company does not overestimate its own capabilities and just pretends to be fat, regardless of its own capabilities, and uses a large proportion of capital reserve funds to distribute shares to shareholders, it will also lead the company to a path of no return. That is why it went downhill and never recovered.

Question 10: What is the meaning of provident fund per share? If the provident fund per share is large, it means that there are conditions for converting shares into shares. Giving away or converting shares in a bull market will often lead to rights filling. However, it is the major shareholders who have the final say whether to convert the shares into shares or not.