Effect Analysis Of JiaLin Pharmaceutical Backdoor Listing Of Tianshan Textile

This paper selects the Grampian pharmaceutical backdoor Tianshan textile case,to analyze the effect of the Garlin pharmaceutical backdoor listing.This article introduces the change of the ownership of both sides,before and after the backdoor backdoor trading scheme,the transaction process and transaction pricing,and uses the event study method,financial index analysis,EVA economic value added effect of Tianshan textile Jialin pharmaceutical backdoor in a comprehensive analysis.First of all,the short-term effect of the event on the backdoor listing by using event study method were studied.The results show that the capital market has obvious positive reaction to the incident,the listed company does not appear inside information leakage in the backdoor before and after the success of the enterprise backdoor cumulative abnormal return rate increased significantly.Secondly,through the establishment of financial evaluation index system,horizontal and vertical analysis Garlin pharmaceutical solvency,operating capacity,profitability and growth ability,analysis results show that the growth of Garlin pharmaceutical solvency,profitability,ability has improved significantly higher than the industry average in after the success of the backdoor,the study also shows that the operating capacity the decline in the backdoor.Finally,this paper uses EVA economic value analysis method,comparative analysis of the changes of EVA before and after the enterprise backdoor,the results of the study show that Garlin pharmaceutical through the backdoor listing of increased economic value,creating shareholder wealth.The significance of this paper is through the analysis of the Grampian pharmaceutical backdoor listing effect Tianshan textile,reveal the related problems in the process of backdoor solution,and through the listing effect of short-term financial index analysis,EVA analysis and EVA analysis,find out the success and shortage of the case,to provide reference for other proposed backdoor listing of companies.To help investors make more informed investment decisions,but also enrich the research material of backdoor listing.