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Research On The Performance Of Major Asset Reorganization In Si Chuang Yi Hui

Posted on:2019-04-10Degree:MasterType:Thesis
Country:ChinaCandidate:W H XiaFull Text:PDF
GTID:2429330545488806Subject:Accounting
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After the 21 st century,China's economy has entered a fast-growing area,and the ever-growing economy and scientific and technological level have made the competition among enterprises continue to increase.To adapt to the current economic situation,more and more companies have used assets such as mergers,acquisitions,and equity transfer to restructure.Expand the scale of the company and continuously improve its profitability and core competitiveness through the integration of enterprises.Although there are many advantages in the major asset reorganization of listed companies,the various risks involved in the reorganization period cannot be ignored.How to promote sustainable corporate development through effective asset restructuring has become a hot topic in the current economic market.Since the start of the major asset restructuring in February 2015,Tetron Medical intends to officially enter the new field of smart healthcare by acquiring medical technology with high-quality medical resources and R&D technology.After the reorganization of the major assets reorganization draft was announced,the company's stock price ushered in 13 "one-word" daily limit,and became a group of dark horses on the GEM board.Due to the upswing in the economy and the favorable stock market conditions,this rising trend is even more pronounced.The surge in the stock price of Trinidad Huihui was due to the effect of compensatory growth during the suspension of major assets reorganization or the good news of the acquisition of Medicare Technology to be determined.Whether medical science and technology can bring positive and lasting positive effects to Medicare needs further research.This article focuses on the major asset restructuring events of Sichuang Medical Technology Co.,Ltd.and conducts research on the major asset restructuring performance of listed companies.First of all,combing the relevant theory of asset reorganization and performance evaluation methods.Secondly,it introduced the basic situation of the major assets reorganization of Medicare,including the background,purpose,process and characteristics of the transaction plan.Thirdly,using the event research method to analyze the changes in stocks before and after major asset reorganizations,we analyzed whether or not the major asset reorganization of Sichuang Huihui created short-term market value for the shareholders of the company.At the same time,the financial indicators evaluation method and the comparative analysis method were applied to each financial item.The indicators are compared horizontally and vertically,and the impact of major asset reorganization on the financial performance of the company is analyzed.Different from previous researches,this paper analyzes the cumulative abnormal return rate during the period of suspension of the major assets reorganization,and then confirms that the short-term performance of major asset reorganization is caused by non-market economy upswing.By analyzing the changes in short-term performance and long-term performance before and after reorganization of assets,it was concluded that this time,the major asset reorganization of the company has improved the overall performance of the company,increased the investment value and core competitiveness of the company,and promoted the diversification of enterprises.Finally,it puts forward suggestions and measures for the problems that arise during the process of major asset restructuring.At the same time,it also provides reference and reference for the transformation and upgrading of other types of companies in the same industry.
Keywords/Search Tags:Si chuang yi hui, Major asset reorganization, Market performance, Financial performance
PDF Full Text Request
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