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1、股份“掺水”现象目前,我国发行股份普遍采用的定价方法是“市盈率乘数法”,即:发行价=每股净利润×发行市盈率。为保证发行成功,发行市盈率-般取得比当时股市的平均市盈率略低。社会公众按照上述方法确定的价格认购股份,而发起人可以以实物、工业产权等折股,其折股
1, the phenomenon of “mixed water” shares At present, the commonly used pricing method of China’s issue of shares is “price-earnings multiplier method”, that is: issue price = net profit per share × issue price-earnings ratio. To ensure a successful issuance, the issue price-earnings ratio - as compared with the stock market average earnings ratio was slightly lower. The public subscribes for the shares at the price determined by the above method, and the promoters may discount their shares in kind or industrial property,