What is the reason why stocks are st?
St means "special treatment". This policy is aimed at those who have abnormal financial or other conditions. 1on April 22, 998, the Shanghai and Shenzhen stock exchanges announced that they would give special treatment to the stock trading of listed companies with abnormal financial or other conditions. Because "special treatment" is preceded by "ST", such stocks are called ST shares.
Abnormal financial conditions mainly include the following situations:
(1) The audit results of the last two fiscal years show that the net profit is negative.
(2) The audit results of the latest fiscal year show that the shareholders' equity is lower than the registered capital. In other words, if a listed company loses money for two consecutive years or its net assets per share are lower than the par value of the stock, it should be treated specially.
(3) A certified public accountant has issued an audit report on the property report of the most recent fiscal year, which cannot express opinions or negative opinions.
(4) The audited shareholders' rights and interests in the latest fiscal year, after deducting the part that has not been confirmed by certified public accountants and relevant departments, is less than the registered capital.
(5) The latest audited financial report adjusted the profit of the previous year, resulting in losses for two consecutive fiscal years.
(6) It is determined by the Exchange or the China Securities Regulatory Commission that its financial situation is abnormal.
Another kind of "other abnormal situation" refers to natural disasters, major accidents, etc. , leading to the basic termination of production and business activities, the company involved in litigation that may compensate for more than the company's net assets, and international medicine was st due to other abnormal circumstances. The reason is that two high-tech hospitals and international medical center hospitals made major mistakes, which led to the suspension of business for three months. This led to the corresponding situation that "the shares of listed companies were warned of other risks", so the company's shares were marked as ST.
The company's stock being st may have a serious impact on the operating performance of international medicine. I hope the company can improve this unfavorable situation and make its performance better. Finally, remind investors that the stock market is risky and investment needs to be cautious.