A-share metabolism further accelerates
Several stocks announced delisting this week. Including Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) , Egls Co.Ltd(002619) , Great Wall International Acg Co.Ltd(000835) , respectively involving major illegal forced delisting, face value delisting, financial index delisting and other delisting situations. Among them, Egls Co.Ltd(002619) , which touches the delisting of face value, is directly delisted, and there is no delisting consolidation period.
With the new delisting regulations, a number of listed companies with unsustainable operations will bid farewell to the A-share market it is worth mentioning that from the perspective of financial indicators, 10 shares may be delisted from A-Shares this year, involving nearly 320000 shareholders
Shares have been withdrawn from the market this year
On the evening of March 22, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) (hereinafter referred to as ” ST Xinyi “) announced that the Shanghai Stock Exchange decided to terminate the listing of the company’s shares. This means that the company has become the first delisting company of A-Shares this year. Then, the first “1 yuan delisting” company also appeared.
On the evening of March 24, Egls Co.Ltd(002619) closed at 0.68 yuan, which has been lower than 1 yuan for 15 consecutive trading days; According to the calculation, even if the daily limit rises for the next five trading days, the share price will still be less than 1 yuan, thus touching the delisting rule that the closing price is less than 1 yuan for 20 consecutive trading days. Companies that touch the “1 yuan delisting” standard will no longer have a delisting consolidation period, which means that Egls Co.Ltd(002619) will have only four trading days left in the A-share market
The first delisting stock with financial indicators also came on the same day Great Wall International Acg Co.Ltd(000835) 3 announced on March 24 that its net assets attributable to shareholders of Listed Companies in 2021 were negative, the net profit attributable to shareholders of listed companies was negative, and the opinion type issued by zhongtianyun Certified Public Accountants (special general partnership) for the financial report of 2021 was unable to express opinions. The company’s shares touched the terms of termination of listing of Shenzhen Stock Exchange, and the trading of the company’s shares was suspended from the opening of the market on March 25.
Delisting means that the share price will be greatly adjusted. For example, Egls Co.Ltd(002619) has been on the limit for four consecutive times. The turnover on the last trading day was only more than 2.41 million yuan, with more than 2.58 million orders sealed. Throughout the history of delisted stocks, most of them bid farewell to A-Shares with a sharp decline.
it is estimated that more than 10 shares may touch the financial delisting index
Stocks delisted in 2021 are mostly delisted at par value. With the release of the new delisting regulations, more delisted stocks will be delisted in financial indicators this year.
securities times · data treasure statistics show that there are 6 high-risk stocks involving the delisting index of revenue net profit combination, and 7 high-risk stocks involving the delisting index of negative net assets for two consecutive years
In terms of high-risk stocks delisted in terms of revenue and net profit indicators, Egls Co.Ltd(002619) , Great Wall International Acg Co.Ltd(000835) two stocks that have been determined to be delisted are listed in addition, Huaxun Fangzhou Co.Ltd(000687) , Shanghai U9 Game Co.Ltd(600652) , Baotou Tomorrow Technology Co.Ltd(600091) , Cred Holding Co.Ltd(600890) and other stocks will also touch the delisting index of combined revenue and net profit.
Among them, Baotou Tomorrow Technology Co.Ltd(600091) said that after the delisting risk warning of the company’s shares was implemented, there would be a loss in the performance of 2021 and the operating income was less than 100 million yuan. According to the regulations, the company’s shares would face the risk of delisting. In addition, the company’s financial and accounting report for 2020 is issued and cannot express opinions. If there is no clear solution for the company’s financial products, the financial and accounting report for 2021 may be issued with a non-standard opinion audit report.
In terms of the delisting index of negative net assets for two consecutive years, according to the comprehensive calculation of net assets per share and annual report forecast in the third quarterly report of 2021, and combined with the performance forecast of listed companies, it is found that the net assets of seven ST shares in 2020 annual report are negative, and the net assets in 2021 can also be negative
Among them, Chunghsin Technology Group Co.Ltd(603996) the net assets per share in the third quarter of last year was -7.57 yuan, the median earnings per share in the fourth quarter of last year was -0.38 yuan, and the net assets in the 2021 annual report are highly likely to be negative Chunghsin Technology Group Co.Ltd(603996) issued several announcements on the risk of stock delisting. The audited net profit of the company in 2021 may be negative, the operating income may be less than 100 million yuan, and the net assets at the end of the period may be negative. The company has given relevant financial indicators in the forecast of 2021 annual report, which is expected to belong to the owner’s equity of – 2.2 billion yuan to – 2.5 billion yuan of the parent company.
estimated schedule released
The new regulations clearly stipulate that if financial indicators are touched for two consecutive years, the listing will be terminated, and the suspension and resumption of listing will be cancelled. This means that the above listed companies stay in A-Shares for a shorter and shorter time. In addition, it is stipulated that if a listed company touches the delisting index after publishing the annual report, the company will be suspended the next day, and the exchange will issue a prior notice to the company to terminate the listing of the company’s shares within five trading days from the date of suspension of the company’s shares.
According to data treasure statistics, Northeast Electric Development Company Limited(000585) , Xinjiang La Chapelle Fashion Co.Ltd(603157) , Chunghsin Technology Group Co.Ltd(603996) and other companies will publish last year’s annual report at the end of March. This means that the above-mentioned companies will have only 10 days left and will usher in the judgment of fate. In the end, these companies with delisting risk will stay in the A-share market for more than one month.
The share prices of some companies have begun to be reflected in advance, including Great Wall International Acg Co.Ltd(000835) the share price fell by more than 64% in the year, Shanghai U9 Game Co.Ltd(600652) , Egls Co.Ltd(002619) , etc.
According to the latest data, excluding Great Wall International Acg Co.Ltd(000835) and Egls Co.Ltd(002619) , the remaining 10 delisting high-risk stocks have nearly 320000 shareholders.
