| Compared with Europe and other countries and regions, the market for hundreds of years, our country was formally established in1990, China’s securities market, capital market also appears to be relatively young, but with the recent reform of China’s A-share market, especially after circulation stock index futures and margin trading launch, and constantly improve the short a-share market system functions, and in the past that rely simply relying on hearsay, ideas and methods of pure K-line technology investments we lopsided. Accordingly, based on the concept of value investing empirical analysis, is being more widely used in corporate and insight, people are constantly sum up the theory, outlined the success and industry practice, both to the right leads to investors, but also continue to regulate the securities and capital markets, as China has accumulated rich experience in the securities and capital markets.China’s market prospects of the electronics industry, has shown a larger space for development, economic restructuring process in the future may be further established strong national policy support, they may continue to be the depth of love and prospects of people. Accordingly, the paper selects "Netac Technology" for the study of the subject to empirical research and top-down approach, starting from a macroeconomic analysis of the electronics industry development space for a preliminary assessment, the "Netac Technology" in which the macro side, industry trends and the company’s own management capacity and development plan and other factors combine and on this basis the company’s results for the next few years to make predictions; theoretical system using a variety of valuation is calculated on the value of the company, summary; while, the "Netac Technology" with the current system of valuation risk factors combined with the stock market, and then re-evaluate the feasibility of investment, and ultimately come to a "Netac Technology," the company’s current stock price is overvalued, there are not suited to Conclusion investment. In this paper, the relative valuation method, the absolute value of the company’s investment valuation method and valuation theory, risk assessment, anatomic study of the investment value "Netac Technology," the company’s analysis, no doubt to industry colleagues to provide a "theory with practice the empirical research and the use of "thinking. Although still own opinion, but I still expect to give investors and relevant parties concerned with the healthy growth of business people with lofty ideals to provide some investment, research methodology reference. |