摘要
新三板企业退市的原因不尽相同，大概可以总结出三种类型：第一，融资困难，挂牌企业的数量暴增并未带来流动性改善，90％的挂牌企业零交易。很多优质企业的估值长期被低估。企业的实际融资需求得不到满足，很多企业尤其是传统企业鲜有投资者关注；第二，经营状况多呈倒“U”字陷阱，企业本欲借助挂牌新三板来提振经营状况，然而事与愿违，在挂牌期间，企业的经营状况不但没有发生实质性改善，甚至比挂牌前要更糟。
The delisting for new three board enterprises in 2017 is less blind, wherein, the proportion of the delisting enterprises in some industries stays at a high level, such as education industry and so on, and the proportion of the delisting enterprises in beverage industry, insurance industry, etc. stays at a lower level. The new third board market is shifting from the initial rapid expansion to a balance.
出处
《首席财务官》
2018年第6期28-34,6,共7页
CFO World
