The net stock value is the sum of capital reserve, capital public welfare fund, statutory reserve, discretionary reserve and undistributed surplus, representing the rights and interests enjoyed by all shareholders, also known as net assets. The better the operating performance of a joint-stock company, the faster the asset appreciation, the higher the net value of the stock, and the more rights and interests shareholders have.

After the stock is listed, the actual transaction price is formed, which is commonly referred to as the stock price, that is, the stock price. Most stock prices are far from their par values. Usually, the so-called net stock value refers to the intrinsic value of the issued shares. From the accounting point of view, the net value of shares (also called net value per share and net assets per share) is equal to the surplus of the company's assets MINUS liabilities, and then divided by the total number of shares issued by the company.