Compared with using a real estate to turn over the clouds, I have to admit that this big bull stock is playing beautifully! After Yun Ling finished speaking, he glanced at Li Yan. Pen~Fun~ Pavilion www.biquge.info smiled and said: "If you think these two stories are history, then the stories that happen in the present, the stories you are experiencing may make you better understand what I want to express." ”

As soon as the words fell, Yun Ling picked up the teacup and took a sip of "tea root". Just as Li Yan nodded subconsciously, Yun Ling talked about today's story......

A listed company has just been penalized for setting up a shell company for a special purpose because the listed company secretly made a capital contribution.

What is it used for?

Specialized in purchasing from a listed company and then changing hands again through the other end of the company. Sell the purchased products of the listed company to the subsidiaries of the listed company.

A hand-changing motion, like a hat trick performed by a clown in a circus.

But this kind of hat-trick plays with the earnings data of listed companies between applause.

When the listed company needs to make a profit, the listed company will buy its own shell company products at a high price, and buy another company at a low price through this shell company.

And when it comes time to post its own losses, this company will do the opposite. In the whole process, the products of listed companies have been piled up in the warehouse, and they have not even consumed a cent of freight!

Just the transfer of a contract and warehouse receipt completes the increase in profits.

The company used this means to increase its income by more than one billion yuan in five years.

The profit even reached 400 million!

You must know that the profit of entity operation is generally about 20 percent, while the profit of this company is 40 percent. What is this concept? But who is involved in the secondary market speculation and who looks at the data behind the chips?

People generally pay attention to the ups and downs, ups and downs of K-lines. At a time when everyone is obsessed with the golden cross and death cross of the moving average, perhaps there are a few people who will open the F10 to see the company's profits. But how many can be found to have problems with the profit of goods in the same industry?

After Yun Ling said these words, he looked at Li Yan, who was quickly tapping on the keyboard of his notebook with both hands, and asked with a slight smile, "After listening to the third story, do you have anything to say?"

After tapping on the keyboard, Li Yan raised his hand and looked at Yun Ling, a strange smile appeared on his face. Seeing that Yun Ling nodded slightly to himself, Li Yan said to Yun Ling with some embarrassment: "That...... I think so......."

"If there's anything to swallow, just say whatever you want. It's just the two of us behind closed doors, isn't it?" Yun Ling's encouragement reassured Li Yan.

"Well, I think if you just comment on the story, the third story actually works backwards than the second. There will definitely be flaws in the gross profit margin, related party transactions and transportation costs in the financial report. After Li Yan said these words, he seemed to want to comment on something.

But Yun Ling just smiled and said to himself: "The third story has just been exposed by the China Securities Regulatory Commission, and the existence of counterfeiters has actually become an indispensable part of the development of the capital market. In fact, you should note that before the two fraudulent listed companies were exposed, their financial data were very beautiful, and their images also occupied a good position in the hearts of investors. These companies are generally generally favored and recommended by the media and stock critics, but the ruthless facts tell us a few truths that hurt to the bone!"

Li Yan nodded, and said with a sigh of grace: "If you only look at F10, I understand that if you don't say it, you will definitely be fooled, but the chance of falling into the pit is very high." ”

"Anything else?" Yun Ling asked at Li Yan.

Li Yan thought for a while and said, "Financial reports can be used to exclude fraudulent companies?"

Yun Ling looked at Li Yan's ambiguity, and said with a smile on his face: "Yes, you can exclude fraudulent enterprises, and when you learn it, you will realize the true meaning of these two aspects." At that time, your ability will take another qualitative leap!"

Li Yan squinted his eyes and thought about the three stories that Yun Ling had told himself, in fact, when he heard it, he felt that it was indeed very suspenseful. Li Yan also got some inspiration from the story, although it was not said that the old dragon was sitting on the beach, waking up the dreamer with a word, but Li Yan seemed to hear the faint killing sound of Jin Ge Iron Horse!

Yun Ling's story was not named, but Li Yan had a kind of déjà vu and always felt that he seemed to know these things, but if he wanted to describe the real historical events in Yun Ling's story, Li Yan couldn't tell the illusion.

Dreamlike, real or fake?

Li Yan knew that Yun Ling was talking about the capital market he was involved in!

A thick piece of A4 paper was pushed down in front of Li Yan by Yun Ling.

Subconsciously picked up this thing, and what Li Yan saw was an annual financial report of Moutai.

Yun Ling smiled at Li Yan and said, "This is Moutai's financial report, I just asked Mo Mo to type out the lesson plan." What can you see from this?"

Li Yanguan blurted out with his inertial thinking: "Fake?"

Yun Ling shook his head with a smile, looked down at the Moutai financial report in his hand and said: "Investors like to look at the income statement, and the practitioners generally tend to pay attention to the balance sheet. Debt is easy to understand, you don't need to think about the technical terms that are so profound that people are confused, you just need to know that the right side of the table is where the money comes from, and the left side is where the money goes. ”

Li Yan wanted to say that he would read it, but when the words came to his lips, he swallowed them back.

Yun Ling lowered his head and looked at the financial report in his hand, and said lightly: "The easiest thing to realize is currency, and this time it is put at the forefront." The most difficult to realize are fixed assets, intangible assets, and brand value, which are all at the end. Looking at the past item by item, the company's belongings are clear at a glance. ”

"What should I do after I see this?" Li Yan couldn't help but blurt out and asked Yun Ling.

Looking up at Li Yan, Yun Ling smiled.

Li Yan's straightforwardness, as well as his ability to learn, made Yun Ling feel that he was not wrong. One sentence directly to the point is also the result that Yun Ling wants to see.

"You need to fantasize!" Yun Ling replied to Li Yan with a faint forehead.

"Fantasy?" Li Yan was instantly blindfolded......

"Everyone has a dream of guidance, but most people don't have that opportunity. Because too many people are ordinary people. But ordinary doesn't mean you can't fantasize, because the fantasy I tell you will directly determine your understanding!" Yun Ling's voice fell, and Li Yan subconsciously muttered: "It's me who fantasizes about being the operator of a listed company, and then from the perspective of the operator, how to kill the Quartet in the board, and quickly knife leeks?"

As Li Yan spoke, he thought that every time he was trading, he would imagine that he was the operator behind the iron curtain of this listed company, and that feeling was like a great god possessing him, and the ghost was clear behind him. It was difficult to put into words for a while......

Yun Ling was stunned after listening to Li Yan's words, and motioned for Li Yan, who was stunned, to continue.

Li Yan was silent for a moment, and then said stubbornly: "Every time I fantasize about myself as a handicap player, thinking about how they will operate their chips when they look at the market. After the clear trajectory matched with my own fantasies, I would sigh with emotion every time. ”

"What?" this time the clouds changed.

"Everything in the main force is in my hands......" After Li Yan finished saying this, he stuck out his tongue in embarrassment and sold a cute look at Yunling.