顺丰控股借壳上市财务绩效分析

Financial Performance Analysis of S.F. Holding Backdoor Listing

近几年,受益于电子商务的蓬勃发展,我国快递行业迅速壮大。在激烈的市场竞争中,快递巨头们不断在加大各自在资金、市场及客户等方面的资源整合力度,尤其是在2015-2016年间,顺丰控股、韵达股份、申通快递、圆通速递纷纷通过借壳方式实现了在国内A股上市。本文结合顺丰控股上市三年以来的运营状况,对其财务绩效进行分析,以评价其借壳上市目标的实现程度。

In recent years,with the vigorous development of e-commerce,China’s express industry has grown rapidly.In the fierce market competition,courier giants are constantly increasing their resources integration in terms of capital,market and customers.Especially in the period of 2015-2016,Shunfeng Holding,Yunda Stock,Shentong Express and Yuantong Express have realized the listing of domestic A-share through shell-backing.This paper combines the operation of Shunfeng Holdings in the past three years,and analyses its financial performance,in order to evaluate the degree of realization of its backdoor listing objectives.