波司登(03998.HK)发进一步澄清反驳无夸大盈利
波司登(03998.HK)发澄清通告，详细反驳沽空机构博力达思(Bonitas)沽空报告中所作指控。对於沽空报告指公司自2015年起虚构纯利8.07亿元人民币(下同)，即多报174%，公司指主要由於部份附属公司业绩无须於年度报告中披露，沽空报告所用数据仅涵盖19家公司，而公司财务报表综合范围还额外包括约20家境外公司及40家境内中国公司。
该行例如於2015年4月至2018年3月期间，高邮波司登服饰录得纯利约1.8亿元、江苏波司登供应链管理录得纯利约1.2亿元、上海波司登瑞琦时装录得纯利约4,000万元，及其他未在该等沽空报告中提及的当地中国附属公司录得总纯利约2.3亿元。上述因素合并造成的差异为约7.7亿人民币，而该等沽空报告中忽略了此一事实。
就虚构「杰西」的收购後收入指控，波司登澄清除联合年检报告书和2011/12财年年报所采用的报告期不一致外，收入的差异乃主要由於国际财务报告准则下收入确认的会计处理差异，因分别就收入以及销售及分销开支调增、或然租金之金额而对净溢利并无任何影响。净溢利的差异乃主要由於分配至综合范围内的境外公司(例如朗辉环球投资及香港美满的商标使用权及设计费用约1,900万人民币。
此外，该等沽空报告指称，涉及「邦宝」交易的卖方均非独立第三方，波司登澄清於2013年乃自兆宁环球实业(一间由属於公司独立第三方即「邦宝」品牌之创始人－陈氏最终控制的公司)收购「邦宝」品牌的控股公司30%权益，而非所指称从周先生控制的公司收购。关於2016年7月从其中包括劲丰投资发展(为孔氏最终控制的公司)等收购邦宝的70%权益。孔氏於关键时间已不再是公司的关连人士，因为其已自2014年5月15日起辞任公司执行董事。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app！
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
