Evaluation Of Shell Resource Value From Shell Perspective

At present,IPO in China's capital market is slowly transitioning from approval system to registration system,in the process of policy tightening,the shell-side conditions of backdoor listing are also converging with IPO conditions,and the value of shell resources has been greatly affected,with the expansion of China's capital market scale,China's corporate valuation in foreign listed enterprises is generally lower than the domestic listed similar companies,overseas listed enterprises to return to the domestic listing of the intention is obvious,and relative to the IPO long cycle,high cost,backdoor listing has become the primary choice for the return of the Chinese stock,backdoor listing in the process of declining heat still maintain a high number of transactions,The value of shell resources still maintains a high valuation in the process of falling back to a reasonable level,in addition,"unconventional shell" has become the shell of shell listing trend,and the role of many factors makes the value of shell resources more reasonable,in this context,to promote the research of shell resource value evaluation theory and method at the same time,Based on the evaluation of the value of shell resources from different angles,it also provides a new perspective for the measurement of the value of shell resources,so we should also understand the composition and connotation of the value of shell resources,find a suitable evaluation method,and reasonably evaluate the value of shell resources.This article is divided into six chapters,first of all,the introduction part briefly introduces the background of this article and the significance of the topic,research content and research methods,the second chapter from three aspects of the relevant literature on backdoor listing,including the cause of shell listing,the composition of shell resources value and shell resource value evaluation methods,and three aspects of the literature summary review,which provides a theoretical basis for the research below.The third chapter contains the main theories of this paper,including the definition of shell company and Shell Resources,the connotation interpretation of their respective values,the introduction of the influence factors of internal and external value,and the composition analysis of the value of shell resources at different angles.In the fourth chapter,through the introduction and analysis of traditional evaluation methods and other evaluation methods,the selection of evaluation methods is carried out.The section V of this paper is a case study,through the income method and the valuation method combined with the income method and the option evaluation method to the 360 shell Aidenberg Shell Resource Value evaluation process display and the evaluation result analysis,summed up the application to the Shell Square View Shell resource value evaluation method,provides the useful reference and the reference for the future similar market transaction.