Replacement of assets placed through Medium Steam parts Co., Ltd. Chengdu 90% equity into the auto parts manufacturing industry.

公司通过资产置换置入中汽成都配件有限公司90%股权而进入汽车配件制造行业。

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One is the replacement cost of a company's assets, the so-called "q" ratio.

一个是公司资产的重置成本，也就是“q”比值。

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In theory, this should bring a useful short-term boost to Japanese in-deflation economy (any GDP growth will come from any replacement of lost assets, so it should not be overemphasized.)

从理论上讲，这应该会对日本处于通缩的经济带来一次有用的短期刺激(GDP的任何增长都将来自替换损失的资产，因此不应过分强调)。

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And there is Tobin's q, a ratio of the stockmarket value to the replacement cost of its tangible assets an attempt to measure what it would cost to recreate a company from scratch.

ECONOMIST: A survey of global equity markets: Valuation waltz | The

These find that, when the ratio (suitably adjusted to take care of accounting discrepancies) moves far above one, equilibrium is indeed eventually restored not, however, by a surge in the replacement value of companies' assets but by a correspondingly dramatic fall in the value that Wall Street places on them.

ECONOMIST: Letter of credit | The