Xinhua have been detected net profit "water injection" 7.428 million and other 11 issues
Source: Internet
Author: User
Xinhua all the President Tang June yesterday, Xinhua company announced its 2009-year performance in the "Water injection" of 7.4285 million yuan net profit, accounting for the company's original 2009 ownership of the owner of the parent company's net profit of 68.6859 million yuan of 10.82%. Affected, the shares tumbled 4.22% yesterday. 11 questions have been identified. Xinhua (002264) Yesterday, November 5, 2010, the Ministry of Finance in Xiamen City Financial Ombudsman office issued to the company, "about Fojiand Shopping Plaza Co., Ltd. 2009 annual accounting Information Quality inspection conclusions and processing decision notice", Xinhua all 2009 Annual accounting information including "Fixed assets accounting reflects not true", "income accounting reflects not true", "cost accounting reflects not true", "leakage of withholding personal income tax" and so on a total of 11 issues. Affected by the news yesterday, Xinhua shares in the market soon after the contrarian decline, as of the close, the shares fell 4.22%, the report closed at 19.30 Yuan. According to this notice, will reduce Xinhua all operating income of 12.9643 million yuan, accounting for the company's original 2009 annual operating income of 3.109 billion yuan 0.42% Reduce the net profit attributable to the owner of the parent company by 7.4285 million Yuan, which is 10.82% of the net profit of 68.6859 million yuan, which belonged to the owner of the parent company 2009. Yesterday, an unnamed financial expert told reporters, from the company bulletin can be seen, Xinhua has constituted a major accounting errors. "2009-year performance" flooding "more than 10%, as a listed company should immediately release the announcement, Restatement of the 2009-year performance. "he said. According to the announcement, the processing decision was issued last November, but the company did not announce it until two months later. Xinhua yesterday called the company, the company's securities office staff said that the company did not further explain the idea of the matter, at the same time with the Shenzhen communication, will be published in the 2010 Annual report on the 2009-year performance issues. 2009 years of performance from the "Increase" to "drop" the most noteworthy is that, with the Xinhua 2009 net profit reduction, the company's 2009-year performance will be qualitative change, from growth to decline. According to its 2009 annual report, the net profit of Xinhua, which belonged to the parent company in 2009, was 68.6859 million yuan, up 6.54% from the 64.4674 million net profit in 2008. The net profit for 2009 would be 61.2574 million, down 4.98% from 2008, if the more than $7.4285 million of the disclosure in the notice were deducted. The financial experts said that from the published financial data, "the company on the accounting treatment of more radical, there is a deliberate profit to do high suspicion." "he said. Xinhua is a company mainly engaged in retail business in Fujian listed companies, on July 31, 2008 in Shenzhen stock market listing. By reviewing theThe company 2007 to 2009 results can be found, the company 2008 performance than 2007 a larger decline, down 11.71%, if the removal of the 2009-year performance "water injection" part, then the company has been listed after 2 consecutive years of decline. Dong Shing on business trip to the media, said, "The specific things I go back to say." Yesterday reporters did not get in touch with the press. This reporter Zhang Fly-magnifier frequency of "false door" Xinhua are concerned about Xinhua investors will not be the company's President Tang June is unfamiliar. 2010, "Education gate" incident let Tang June again occupy major media headlines. "Mr. Tang's Ph. D. of California Institute of Technology is a fake," Fang, who is known as the "academic champion of fraud", said on its microblog July 1. Tang later denied to the media that he had obtained a Ph. D. in the California Polytechnic. However, in the book "My Success can be reproduced" and "Tang June's Diary" and other books, Tang June graduated from the California Institute of Technology narrative. With the "Education gate" incident intensified, Tang June finally said his doctorate was in the United States Pacific Western University (Western Pacific University) obtained. This matter lets the investor to the original to hire Tang June's original intention to create the suspicion. Tang June's old club ——— big price shocks. Yesterday, Xinhua are again trapped "false door", announced "performance injection." By contrast, for most investors, Tang June's "academic gate" incident may only be "pediatrics" to the company. (Zhang Fly)
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