会计学院知识库

  为了加速走进市场，获得上市资格，很多优质企业选择借壳上市。家居新零售企业由于消费者决策成本高等因素区别于新零售行业中的其他企业，近些年来，家居新零售企业发展迅速，规模扩大的同时竞争也在加剧，需要快速地把握市场时机，实现进一步发展,因此研究家居新零售企业如何选择适合自身借壳上市的模式以及上市之后如何产生显著的财务绩效，将对未来需要借壳上市的家居新零售企业具有针对性的意义。

  以居然新零售公司借壳上市的案例作为研究对象，从借壳双方的角度分析了借壳动因，其次，本案例借壳上市模式仅为发行股份购买资产，根据这一特殊性对借壳上市的模式进行了剖析，然后通过纵向和横向分析借壳上市对财务绩效的影响，同时分析借壳上市后资源整合对企业未来发展的影响，最后对案例进行总结得出结论与启示。

  通过分析得出以下结论，借壳上市的企业在壳资源选择时要考虑全面，应选择优质的壳资源，根据自身发展战略选择合适的借壳上市模式，居然新零售公司借壳上市的模式可以为拟借壳上市的企业提供一些参考，此外，根据指标表现来看，本次借壳上市不仅提高了上市公司自身的绩效，同时有效的资源整合盘活了武汉中商的原有资产，即实现了国有资产的保值增值，产生了协同效应，对其他拟借壳上市的家居新零售企业产生了非常多的经验与启示。

  In order to enter the market more faster, obtain listing qualifications, many high-quality companies choose to backdoor listings. The new home retail companies is different from other new retail industries，such as the cost of consumer decision is high. The new home retail companies has developed rapidly. Simultaneously, competition is very fierce, market opportunities is fatal to achieve further development. Therefore, Studying how new home retail companies choose a model that suits their own backdoor listing and how to produce significant financial performance after listing will be of specific significance to new home retail companies that need backdoor listing in the future.

  The research object is the case of a backdoor listing of a new retail company, start from the reasons of the backdoor listing on both sides. Secondly, only to issue shares to purchase assets is the model in this case. Based on this particularity, the model of the case is analyzed. And then analysis the financial performance from the vertical and horizontal, and at the same time analyze the integration of resources impact on the development, and finally summarize the case to draw conclusions and enlightenment.

  Draw the following conclusions through analysis, the company should think thoroughly when make choice about listed company, should choose high-quality shell resources, according to their own development strategy to choose the appropriate backdoor listing mode. That can provide companies that intend to backdoor listing. For some reference, in addition, according to the performance of the indicators, the backdoor listing was successful. It not only improved its own performance, but also revitalized the original assets of Wu Han Zhong Shang by effective resource integration, was increased state-owned assets, and other new home retail companies that intend to backdoor listing have produced a lot of experience and enlightenment.