Chapter 166: Seriously underrated
Chen Qiaoshan and Li Suyi have not been able to distinguish between right and wrong until now.
It's no wonder that two people who are originally unrelated, because Delong are together, think about it, it's a little inexplicable.
The two quarreled, but they did not burn the war on Delong's head.
Chen Qiaoshan didn't mention the matter of Delong's department at all, and coupled with his deliberate guidance, the mutual hatred between the two slowly deviated.
Li Su accused Chen Qiaoshan of creating something out of nothing, smearing listed companies and affecting Delong's business reputation.
Chen Qiaoshan said that Li Su did not understand the laws of economics.
Li Su's accusation that he bombarded Delong has no factual basis.
Chen Qiaoshan said that Li Su is a ninth-rate person and will not look at the financial report.
……
Regarding Li Su's accusations, Chen Qiaoshan denied all of them, he just questioned Li Su's academic level, how could people bear it?
As a result, the mutual hatred between the two gradually shifted to questioning each other's economic literacy, and this also played into Chen Qiaoshan's arms.
Just said that he didn't practice fake tricks, and he directly offered to make a bet with Li Su.
Don't you call yourself an economist, then let's stop arguing, it's a bear market now, just see the real chapter in the stock market.
Of course, going to Chang'an Avenue to run naked is a gimmick, and no one will take it seriously.
If you really want to go, the police uncle may not be able to agree.
Chen Qiaoshan's original intention was to make a big deal out of it, but as he wished, the matter really got bigger.
Nowadays, the Internet is not strictly regulated, and the gambling contract he proposed is on the Internet in a grand manner.
The bet is very simple, Li Su claims to be the most professional management consulting expert in China, then look at the annual report, the bet between the two is about the annual report of the listed company.
Chen Qiaoshan proposed that all A-share companies should be selected to see who can take the lead in finding a listed company with a problematic annual report.
His gambling contract is very tricky, there are many problems in listed companies, and it can be seen from the financial reports that there are very few cats.
Not to mention the importance of the financial report, the introduction process is not to be denied.
Don't say that there is no problem with the financial report, but if there is a problem, it has been dealt with by professionals a long time ago, where can people find out the fault casually.
Of course, this bet is not as simple as it seems.
In fact, there is a trap hidden in this.
If there is a problem with the financial report of a listed company, the general impression must be that it is suspected of fraud, but in fact, some financial reports have problems, which are legal and unreasonable, and the stock price of such a company is basically seriously undervalued.
When looking at the content of the gambling contract clearly, most people subconsciously think that Peking University Qiaoshan has found a new target, and they don't know which listed company is going to be unlucky.
It is no wonder that the problem of Southern Securities' misappropriation of margin was exposed from the financial report.
After this battle, no one will definitely question Chen Qiaoshan's level of looking at financial reports.
However, there are not a few people who mutter in their hearts, and in front of everyone's eyes, why is he the only one who can see the problem? Could it be that those professional accounting personnel are not able to set up?
Li Su was silent for a while, and did not react at all to Chen Qiaoshan's bet.
There are so many listed companies, as the most important service object, the work of consulting companies is not as simple as it seems on the surface, and Li Su naturally knows the industry insiders of many companies.
It's one thing to know, it's another thing to poke it out.
Li Su was silent this time, watching coldly from the side, and couldn't help sneering in his heart, he just waited to see Chen Qiaoshan's jokes.
……
Chen Qiaoshan was not surprised, he had long expected this to be the case.
This is a normal reaction, in line with Li Su's usual style of acting.
From helping Delong speak out, it can be seen that Li Su is a character who seeks advantages and avoids disadvantages.
Professor Yan didn't dare to provoke, let alone major listed companies, which were the parents of management consulting companies, Li Su naturally wouldn't take the job, otherwise his reputation would be stinky, and how would he eat together.
Although the other party did not respond, Chen Qiaoshan was not idle, betting is just an excuse, and hype is the goal.
And the target of the hype is SDIC Power.
Chen Qiaoshan has been busy in the past few days, collecting and sorting out the information of SDIC Power.
It's a pity that there are too many things involved, and it's a bit complicated, and he can't figure it out for a while, so he can only pull Yan Xiaoqin to help.
SDIC Power is a listed company, so it's not very accurate.
To be precise, SDIC Power is a listed company with extremely serious losses, at least according to their first-half financial report released in August.
Chen Qiaoshan knew that there was actually something wrong with this financial report.
Not only is there a problem, but it is serious.
"Chen Qiaoshan!"
Chen Qiaoshan's busyness was interrupted, and he was attracted by Yan Xiaoqin's greeting.
"What's wrong, what did you find?"
Yan Xiaoqin's appearance looked a little unnatural, and his face was inexplicably stained with a layer of redness.
"What's wrong with you?" Chen Qiaoshan asked again.
The two of them are in the electronic reading room at this time, searching for news related to SDIC power on the Internet, which is public, Yan Xiaoqin is a little strange.
Hearing Chen Qiaoshan's question, Yan Xiaoqin showed a strange look on his face, and said word by word: "You-too much-shame-person-it!"
Her tone was very coquettish, like coquettish and complaining, coupled with a look of disgust and laughter, which made Chen Qiaoshan's bones crispy in an instant.
This kind of situation is not common, although Yan Xiaoqin has a soft temperament, she rarely shows a childish appearance.
Chen Qiaoshan couldn't help but feel a little dizzy, and asked in a daze, "What's wrong?"
Yan Xiaoqin also noticed his abnormality, couldn't help but glare at him, and pointed to the CRT monitor screen in front of him and said, "Look at it yourself, it's just too embarrassing!"
Chen Qiaoshan straightened his body and glanced at the computer screen, only then did he understand that what she said was about her bet with Li Su.
"Scared me, I thought you were talking about something big!"
Yan Xiaoqin said angrily: "Isn't this a big deal? You are too unorthodox, how can you make such a bet with someone?"
Chen Qiaoshan asked amusedly, "What kind of bet?"
Yan Xiaoqin glanced at him, ignored his words, and said to himself: "What do you think, if this spreads in the school, how will you meet people in the future?"
"What's this, that's what I said, besides, it's not like we haven't done performance art in our school, and I haven't seen what happened to people. ”
Yan Xiaoqin's eyes couldn't help but widen, his eyes were full of incredulity, "Why haven't I seen it." ”
Chen Qiaoshan suddenly had a black line in his head, and what he said was too serious about his boyfriend.
"It's not easy for you to see it, let's find a room separately and I'll show you!"
Not surprisingly, he attracted another rebuke, but it didn't stop there.
Yan Xiaoqin really can't do anything about Chen Qiaoshan, and he can only slowly adapt to a boyfriend like him who can toss.
……
After working for several days, Chen Qiaoshan finally straightened things out.
The matter of SDIC Power is actually very simple, this listed company was originally called Xinghua in Hubei Province, and it is an enterprise that has just completed the transformation of state-owned shares.
This company is not large, the efficiency is unsatisfactory, and it is basically either a loss or a small profit for several consecutive years, although it is not on the hat of ST, but the performance is also reluctant.
The change occurred in 02, and Xinghua in Hubei Province implemented a major asset restructuring.
It may be a bit inappropriate to say that the restructuring should be an asset replacement.
Just last year, the state issued a plan for the reform of the power system, led by the State Investment Corporation, with a part of the power assets to replace all the assets of Xinghua in Hubei Province, to achieve a major asset restructuring.
To put it bluntly, in fact, SDIC invested and let several of its branches go public through backdoor listing.
After the completion of the asset restructuring, Xinghua in Hubei Province completed the westward relocation of its headquarters, and finally changed its name to "SDIC Power".
Although SDIC Power has completed its asset restructuring, there are still many problems.
In the process of restructuring, the newly formed SDIC Power Co., Ltd. bore the debts and losses of Xinghua in Hubei Province in the past.
Although the newly merged companies are all high-quality power companies, they did not generate actual profits at the time of settlement, so last year's annual report suffered a serious loss.
In the latest annual report for the first half of the year released by SDIC Power, there was a large loss.
However, this loss is very unjust, and it is not caused by its own business.
At the beginning of 03, the State Council issued a plan for the reform of electricity prices, and SDIC Power happened to be involved in it, and the annual report disclosed was completely a policy loss.
Chen Qiaoshan knew that SDIC Power's asset restructuring was successful, but the journey was very sad.
It is a tragedy that a high-quality power company went public through a backdoor listing, but due to various force majeure factors, it suffered losses for two consecutive years and was finally put on the hat of ST.
Chen Qiaoshan had seen sporadic reports about SDIC Power before, but this time he had an in-depth understanding and couldn't help but be shocked.
The three main electrical enterprises merged into Xinghua in Hubei Province are all hydropower companies.
According to the information found by Chen Qiaoshan, in 01, the total net profit of the three companies exceeded 400 million, but when the merger was merged, asset stripping was carried out, so the books in the first year were so ugly.
Later, the State Council issued a new policy, resulting in policy losses, which caused two consecutive losses, resulting in a serious undervaluation of the stock price.
Straighten out everything, Chen Qiaoshan breathed a sigh of relief, he pondered, as long as things are poked out, there should be a reaction in the market!