Year-on-Year Growth Rate of Net Asset Value per Share
factor.formula
(Net asset per share in the latest reporting period (TTM) - Net asset per share in the same period of the previous year (TTM)) / Net asset per share in the same period of the previous year (TTM)
This formula calculates the year-on-year growth rate of net assets per share, where:
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Represents the net asset value per share (TTM) of the most recent reporting period (period t). TTM represents the rolling 12 months, that is, the cumulative value of the past four quarters, avoiding the seasonal fluctuations that may exist in single quarter data.
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Represents the net asset value per share (TTM) of the same period of the previous year (period t-1), that is, the same reporting period of the year before period t. Using the value of the same period of the previous year as a comparison benchmark can eliminate the impact of seasonal factors and more accurately reflect the true changes in the company's net asset size.
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It represents the difference between the net asset value per share (TTM) in the most recent reporting period and the net asset value per share (TTM) in the same period last year, that is, the increase in net asset value per share.
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It represents the net asset value per share in the same period of the previous year (TTM), which is used to standardize the growth amount and obtain the growth rate.
factor.explanation
The year-on-year growth rate of net assets per share reflects the relative growth of the company's net assets per share in the past year and is an important growth indicator. This indicator can effectively measure the company's net asset growth ability during the reporting period by comparing the net assets per share at the current point in time with the same point in the previous year. Using TTM data can smooth seasonal effects and more accurately reflect the company's long-term growth trend. High growth rates usually indicate that the company has good profitability and value creation capabilities, attracting investors' attention.