On April 22, the Bull Stock Better Life Commercial Chain Share Co.Ltd(002251) suddenly fell by the limit, which doubled in nine days.
On the same day, Better Life Commercial Chain Share Co.Ltd(002251) released the performance forecast and apology announcement for 2021. The company’s net profit loss attributable to the shareholders of the listed company was 170 million yuan – 210 million yuan, deducting the non net profit loss of 410 million yuan – 450 million yuan.
performance loss in advance
Better Life Commercial Chain Share Co.Ltd(002251) can be called a bull stock. In the nine trading days from April 11 to 21, we gained 8 trading limits, an increase of more than 100%, which can be described as a dark horse.
Source: China stock market news
But on April 22, Better Life Commercial Chain Share Co.Ltd(002251) suddenly fell to the limit.
On April 22, Better Life Commercial Chain Share Co.Ltd(002251) released the performance forecast for 2021. The forecast shows that the company’s net profit loss attributable to shareholders of listed companies was 170 million yuan – 210 million yuan, down 252.17% – 287.98% over the same period of last year; Deducting non net profit was a loss of 410 million yuan to 450 million yuan, a decrease of 581.76% – 628.77% over the same period of last year.
Source: Announcement
According to relevant regulations, the performance forecast of 2021 should have been released before the end of January 2022, but why did Better Life Commercial Chain Share Co.Ltd(002251) be released in late April?
In this regard, Better Life Commercial Chain Share Co.Ltd(002251) explained in the announcement that the company originally expected that the company’s operating performance in 2021 was not within the scope of performance forecast disclosure, so the company did not disclose the performance forecast in 2021 before the end of January 2022. With the deepening of the audit work, due to the partial deviation between the accounting judgment of some business activities of the company and the original prediction, such as the partial deviation between the accounting judgment of the recognition of REITs issuance investment income and goodwill impairment of Jinxing Road Plaza and the original estimation, the company suffered a loss in 2021 after being confirmed by the accountant.
The announcement said that the board of directors of the company apologized for the inconvenience caused to the majority of investors by the performance forecast. The company will analyze the reasons for the performance forecast, strengthen communication with the audit institutions in future work, and improve the accuracy of the performance forecast, so as to avoid the recurrence of similar situations.
capital game
It should be noted that after continuous rise, the market pays attention to the institutional funds and foreign capital behind Better Life Commercial Chain Share Co.Ltd(002251) .
Better Life Commercial Chain Share Co.Ltd(002251) 4 April 22’s Dragon and tiger list data showed that the special seats of Shenzhen Stock connect sold a net 120 million yuan on that day, ranking first in the selling list; But at the same time, the three business departments with a large number of retail investors accounted for 3, 4 and 5 of the buying. When selling in large quantities, they also bought in large quantities, but they still bought net in the end, which shows that although there were profitable retail investors selling on April 22, a large number of retail investors are still optimistic about buying.
