China Aluminum's Non-recurring Profit And Loss Motivation?Methods And Its Performance Research

Loss is a common economic phenomenon in enterprises.The way to turn losses is also different because of the nature,scale,life cycle and urgency of turning losses.The large-scale listed enterprises represented by China Aluminum experienced the process of turning losses from net profit to deducting non-recurring profit and loss net profit,and gradually embarked on the normal profit track.This paper adopted the reasons for loss of China Aluminum,the way to turn losses,and choose The motive of non-recurring profit and loss and the performance after turning losses,found that based on the rapidity and convenience of non-recurring gains and losses,resource-based SOEs tend to reverse losses through non-recurring gains and losses to avoid delisting or Adjust profits and other purposes.Large listed companies have the ability and intention to further realize long-term stable deduction of non-net profit after the loss of net profit.This paper focuses on the motivation,methods and performance of Chinalco's non-recurring gains and losses in the period of recession and turmoil.When analyzing the motives,we focus on avoiding ST and shelling motives,returning funds,and avoiding cash flow risks.When analyzing the method of turning losses,the overall contribution from non-recurring gains and losses to the loss-making and non-recurring gains and losses are internal components.In the end,the entropy weight method and the event research method are used to analyze the financial performance and market performance of the loss-making,and use the business composition to analyze its impact on non-financial and non-market aspects,in order to obtain its performance.More comprehensive conclusions.Regardless of whether it is financial or non-financial,the effect of turning losses on non-net profit margins is better than relying on non-recurring gains and losses.Finally,for state-owned enterprises with loss-making resources,this paper believes that the contribution of non-recurring profit and loss projects to turn losses should be reduced,and by regulating non-recurring profit and loss disclosure,enhancing core competitiveness and exerting force downstream of the industrial chain,and focus on the stability and sustainability of the loss-making to achieve long-term and stable development.