Performance Research On Backdoor Listing Of Unexpectedly Home

Driven by policy,economy,modern technology and other factors,the market scale of China’s home furnishing industry is expanding and the competition is extremely fierce.In addition,with the upgrading of consumption,home furnishing enterprises have laid out new retail areas to promote the integration of online and offline.However,traditional home furnishing enterprises are unable to carry out all-round strategic transformation due to financing difficulties,lack of manpower and technology.Based on this,the home furnishing industry has seen a boom of listing since 2016,and many traditional home furnishing enterprises have been listing to solve the difficulties encountered in enterprise transformation.At present,enterprises want to go public in two ways,one is IPO,the other is backdoor listing.Compared with the IPO listing with stringent audit and high time cost,backdoor listing can greatly reduce the uncertainty of listing,and the time cost of listing is relatively fixed.For enterprises that want to go public in a short time,backdoor listing is undoubtedly a better choice.In this context,the success of the listing can be directly judged by analyzing the performance changes of home furnishing enterprises before and after backdoor.Therefore,it is of great significance to study the backdoor listing of home furnishing enterprises.This paper takes Unexpectedly Home as the research object,adopts event study method,financial index analysis method,EVA analysis method and non-financial index analysis method to comprehensively analyze the performance of Unexpectedly Home in Wuhan.This paper is elaborated through the following five parts: The first part is the introduction,mainly introduces the research background and significance of backdoor listing,domestic and foreign literature research,research content and research methods;The second part is the introduction of related concepts and theories,mainly introduces the concepts related to backdoor listing and the performance evaluation of backdoor listing and other related theories,laying a theoretical foundation for the subsequent research;The third part is the analysis of the motivation and process of The backdoor listing of Unexpectedly Home.The content involves the introduction of the basic situation of both sides of the backdoor listing,focusing on the analysis of the motivation of unexpectedly Home backdoor listing and the transaction process.The fourth part is to analyze the performance of The backdoor listing of Unexpectedly Home,through the analysis of market performance,financial performance and non-financial performance,comprehensive analysis of the backdoor listing of Unexpectedly Home brought performance changes;The fifth part is the research conclusion and enlightenment.Through the above performance analysis,it draws conclusions from the market,financial and non-financial aspects,and summarizes the enlightenment of choosing the appropriate shell resources,strengthening risk control,choosing the appropriate shell scheme,strengthening asset management and so on.