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@Tim Normally as an investor, we usually do not put too much focus on NTA. Why? It's easy, NTA = Total Assets minus Total Liabilities, if you noticed, NTA is actually equals to Shareholders Equity.
So, when you keep this in your mind, NTA (OR shareholders equity) is actually how much money you will get if the company is liquidated. Eg: assume Company XYZ has a NTA RM 1 and MP RM 0.50. If today XYZ is liquidated, you will get paid of those assets worth RM 1 each share, which is a 100% ROI. In other words, NTA tells you how much margin of safety you will get paid from owning those shares (50% safety margin in this case).
All in all, if you realized, NTA can only provide you with an information ONLY IF liquidation happens, otherwise it's useless because you will not get paid from the remaining after all assets are being sold.
Hope this helps, it's just a warm sharing, I have no offence on you.
NTA is accounting book value, 账面价值, net book value = costs of assets minus accumulated depreciation. NTA has nothing to do with valuation, as it's not reflecting the current market value of the asset. This is called the prudence concept in accounting, the objective is to avoid the assets from being overstated.