In the amendment of Company Law published in the end of 2013,the contributed capital system has changed into subscribed capital system. Theory of Three Principles of Capital has been shook which focused attention to transaction security and creditor benefits by Enforcement of the new Company Law. There are a few disagreement over whether or not The Three Principles of Capital has necessity to exist. Therefore, we need to reexamine the historical values and theoretical contexts of Three Principles of Capital. Moreover, we should discuss the actual value under the background of reform of subscribed capital system.Onthepremiseofreorientingthevalue of Three Principles of Capital, we must update and adjust the doctrines of capital determination, capital maintenance and unchanging Capital.