Chapter 154: Financial Manipulation
"Don't worry, my dad has already promised me some of the funds, and he is also bearish on such stocks." Mishima Chimi Michimichi.
"Wow, your dad is behind you, then you will definitely make a lot of money this time." Jack said with a look of envy.
Seeing Linshi's expression a little puzzled, Blake explained in a whisper: "Miss Zhimei's family is the head of the five major conglomerates in Japan, and almost controls nearly 30% of the entire industry in Japan. ”
Lin Shi thought carefully about the name of the Japanese foundation, and then ......
"Mao Mishima?!" Lin Shi suddenly exclaimed.
Lin Shi's sudden words disturbed all the harmonious elements in the air, and Mishima Zhimei didn't care about Lin Shi calling her father's full name, but nodded: "It's my father." ”
Of course, Lin Shi knows what kind of person Mao Mishima is, the god of the Japanese stock market! In 1977, when the Japanese cement industry was in a very sluggish situation, he analyzed the stock prices of Japanese cement companies over the past 10 years.
It is believed that the downward trend since 1974 has now entered the bottom zone. As a result, he ate a large number of cement stocks, and the cement shares in his hands have exceeded 30 million shares, and he has become the largest shareholder of the Japanese cement company. It was also in that year that cement stocks began to rise and gradually climbed from 120 yen to 300 yen, and Mishima decided to take profits. In the end, this investment made him more than 3 billion yen.
Later, Mishima Mao also accurately predicted the rise in copper prices, bought Shenhe Mining and made a big profit of 30 billion yen! This also laid the foundation for him to sit at the head of the consortium in the future.
However, the world remembers more of his legendary experience in the stock market, and knows little about his control of the consortium.
Blake patted Lin Shi on the shoulder: "Now you know why I said that before, right?" All her family's money can be used to fill the pool for a dip. ”
Lin Shi smiled bitterly and nodded: "Poverty really limits imagination. ”
"Well, I will communicate with my family at that time to assist you in shorting this stock, although our family has declined in the past two years, we can still influence some companies on Wall Street." Jack said to Tomomi Mishima.
After a few more conversations, they separated.
After Lin Shi returned to the apartment, he carefully searched for the stock of Baiju Chinese.com on the computer, but this time it was not the K-line chart that was clicked open, but the news side, and it was found that it was ......
It's all good news, not a single negative!
Subsequently, Lin Shi clicked on the URL of this website again, and then clicked on some books, and his brows furrowed not long after reading it: "The novels that make up the number of words look tired." After spending nearly an hour clicking on more than 40 novels, Lin Shi closed the website.
Right now......
He can be sure.
Baiju Chinese Network has declined because of management problems, there are too many junk novels, too many unfinished ones, and the online literature world is not very easy to mix now, there are a lot of pirated websites, and the protection of intellectual property rights in Huaxia is not perfect.
If you can't win with content in such an unfavorable situation, then I'm afraid there is really no way out.
Lin Shizai searched for the post bar of Baiju Chinese.com again, and the posts on it were all various complaints about Baiju.Chinese.com, but five minutes later, Lin Shi looked at it again......
All of them are gone, replaced by posts by some trolls......
Lin Shi thought about this question carefully, but he still didn't figure it out, so he simply didn't want to.
If a listed company is determined to deceive its shareholders, it will be difficult for the shareholders to find out.
Lin Shi also found that many companies inflated profits to beautify financial indicators, for example, the project of construction in progress is a particularly easy to manipulate indicator, and enterprises often use external borrowing to finance when building fixed assets on their own.
Interest on borrowings should be capitalized until the construction in progress reaches its intended state of use, and interest thereafter shall be expensed. The enterprise will not carry forward the fixed assets of the construction in progress that have reached the predetermined usable state, and the interest will be included in the cost of the construction in progress, so as to reduce the financial expenses in the current period; At the same time, if the fixed assets do not increase, depreciation can be reduced and expenses can be reduced, so that the profits are inflated from two aspects.
There are also accounts receivable that have a significant impact on earnings.
In order to inflate sales revenue, enterprises falsely list accounts receivable, and adjust the total profit through false sales, early confirmation of sales or intentional expansion of the scope of credit sales. When this phenomenon occurs in enterprises, the proportion of accounts receivable in current assets increases, and the turnover rate of accounts receivable decreases.
If this method becomes a common method of adjusting profits for enterprises, the proportion of accounts receivable to working capital of such enterprises will be higher than that of ordinary enterprises, and the turnover rate of accounts receivable will be lower than that of ordinary enterprises. Special attention must be paid to the manipulation of profits due to the "Accounts Receivable" account.
Another more advanced form of financial manipulation is the adjustment of other receivables, the expansion of other receivables, which is more concealed than the accounts receivable account.
There are more and more units that use this account for profit manipulation. Some units deliberately make their accounting content larger, resulting in more and more accounting content in the account, and more and more room for manipulating profits.
There are too many ways to manipulate financial indicators, some retail investors who have not systematically studied accounting frequently step on such stocks, resulting in a significant shrinkage of account positions, but the shrinkage is not the most terrible, when Lin Shi first did financial sales, he saw a stock 18 consecutive down limits, and then was forced to delist by relevant departments, how many people's money became nothing......
The water in the stock market is really deep......
"Ding, zero, zero......" Lin Shi's mobile phone rang suddenly.
Seeing that it was his mother Fang Yun calling, Lin Shi immediately thought of why his mother called him......
He hadn't been back for a while.
"Hello? Mother? Lin Shi said cautiously.
"Have you been busy at school lately? Didn't even bother to come home? Fang Yun said angrily.
"Yes, Mom, there have been a lot of school subjects recently, plus I go out on weekends to work part-time to make money, I don't have much time, I will find a time to come back." Lin Shi hurriedly smiled.
"I can understand what to study, but I can't work part-time, why don't you find a girlfriend when you have this time?" Fang Yun's tone was a little dissatisfied, "You are not too young, not to mention marriage, it is always okay to find a girlfriend, right?" ”
Lin Shi pondered for a while, but decided to tell his mother about Xi Rui: "Mom, I've found a girlfriend." ”
"Really?" Fang Yun's tone carried a hint of surprise.
"Really, I'll bring her back to show you before the Chinese New Year." Lin Shi said helplessly.
"Don't go online to rent me a girlfriend and come back, otherwise I will find out, and you won't go back to this house in the future." Fang Yun warned.
"Yes, yes, Mother." Lin Shi said with a wry smile, before he looked for it, he said that he would find it quickly, and after finding it, he was afraid that it would be fake......