Research On Financial Performance Of Offcn Education Technology Company Limited Backdoor Listing

At present,although the vocational education industry has the market development space,but the competition in the industry is fierce,most companies lack development funds,which makes many vocational education companies seek to be listed and expand financing channels for companies.At present,there are mainly IPO listing and backdoor listing.However,IPO listing needs high listing cost,strict audit and low success rate,while backdoor listing requires low time cost,simple process and high probability of successful listing.Therefore,the companies which can not meet the IPO listing standard in a short time have chosen this way to achieve the purpose of listing.Based on the analysis and summary of the relevant contents of Offcn Education Technology Company Limited backdoor Yaxia automobile,and based on the financial index analysis method and factor analysis method to study the financial performance of Offcn Education Technology Company Limited,this thesis draws the relevant enlightenment,and finally draws the conclusion:(1)Expounds the relevant contents of the backdoor listing of Offcn Education Technology Company Limited.It includes the introduction of Offcn Education Technology Company Limited and its industry situation analysis,the introduction of yaxia automobile,the motivation,process and scheme,the financial risk in the process and the risk prevention measures taken.(2)This thesis studies the change of financial performance of Offcn Education Technology Company Limited before and after backdoor listing.The results show that: first,the overall financial performance of Offcn Education Technology Company Limited has been improved before and after backdoor listing;second,the solvency of public education has declined after backdoor listing;third,the profitability of Offcn Education Technology Company Limited has been improved after backdoor listing;fourth,the growth ability of Offcn Education Technology Company Limited has been improved after backdoor listing.(3)It puts forward some suggestions to improve the financial performance of the company.It includes improving business quality and creating one-to-one service mode,improving financial risk management system,attaching importance to the integration of companies after backdoor listing and improving the efficiency of resource utilization.(4)The Enlightenment of the backdoor listing of Offcn Education Technology Company Limited is obtained.There are five enlightenments,including flexible choice of listing mode,backdoor party’s preparation before backdoor listing,making shell company achieve net shell state in backdoor listing,paying attention to integration after listing,and paying attention to grasping debt paying ability in the process of backdoor listing.Through the research,we can know that the backdoor listing of Offcn Education Technology Company Limited has achieved initial success,and the analysis of the successful listing of Offcn Education Technology Company Limited Yaxia automobile is typical,which provides experience for other enterprises seeking listing,and has practical reference significance.This thesis has 8 pictures,16 tables and 52 references.