What is ST stock risk?

Tell everyone about it. What is the risk of ST shares?

1998 On April 22nd, the Shanghai and Shenzhen Stock Exchanges officially issued an announcement to give special treatment to the stock trading of listed companies with abnormal financial conditions or other circumstances. The specific treatment method is to crown ST in front of the stock abbreviation, so such stocks are collectively referred to as ST shares.

If the name of a stock is preceded by ST, it is also a warning to the market, indicating that this stock has investment risks and plays a warning role, but such a stock has risks and benefits.

If you add *ST, it means that this stock has the risk of delisting, hoping to arouse everyone's vigilance. Specifically, around April, the financial statements submitted by the company to the CSRC are likely to be delisted if they lose money for three consecutive years.

According to the above explanation, everyone should know what st risk is.

The above abnormal financial conditions mainly refer to 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.

3. The certified public accountant has issued an audit report on the property report of the latest fiscal year, which cannot express opinions or negative opinions.

4. The audited shareholders' equity in the latest fiscal year, after deducting the part that has not been confirmed by certified public accountants and relevant departments, is lower than the registered capital.

The latest audited financial report adjusted the profit of the previous year, resulting in losses for two consecutive fiscal years.

6. Financial anomalies identified by the Exchange or the China Securities Regulatory Commission.

Well, that's the explanation of st risk. ST shares are very risky. Everyone must be cautious about such stocks, and most of them will not recommend buying them.