On Monday, August 8, Tiansheng Capital Headquarters and CEO Office.

"Please come in."

An Yirou entered the office and handed a financial report information to her desk. "The company's consolidated interim report performance audit this year has been released."

Interim and semi-annual reports are the same.

Lu Ming picked up the performance statement and opened the list. This financial report is the consolidated financial statements of major subsidiaries of Tiansheng Group. In a sense, Tiansheng Holdings, designed with a two-layer equity structure, is just a holding platform. The company's performance statements are mainly reflected in the consolidated financial statements of subsidiaries such as Tiansheng Venture Capital, Tiansheng Fund, etc.

The total revenue in the first half of the year after the consolidation of Tiansheng Capital was 6.237 billion yuan, a year-on-year increase of 3326.92%, a net profit of 4.46 billion yuan, a net profit margin of 71.5%, a year-on-year increase of 6901.56%, a net profit attributable to shareholders of 4.382 billion yuan, a net profit excluding non-operating items of 4.229 billion yuan, and a net asset of 341.573 billion yuan at the end of the period.

The year-on-year growth rate of revenue and profit has reached dozens of times. The reason is that Tiansheng Holdings' listing is based on a backdoor process rather than an IPO, but this is only secondary. The main reason is that the company was established early, with revenue of less than 200 million yuan in the first half of last year. Of course, the year-on-year growth rate is dozens of times, and the profit is the same.

As for the 2015 fiscal year performance report disclosure, the annual operating income exceeded 20 billion yuan, and the net profit reached nearly 15 billion yuan. This is because the result of no investment after the overseas asset capital market cashed out in the second half of the year, which was directly reflected in the financial report and income statement.

To a certain extent, the accounting department can make the performance of Tiansheng Holdings Group to a certain extent. The accounting department can make the performance of the company according to his will, and its ability to embellish the statements is far stronger than other listed companies that are not purely invested in nature.

It is also because of this that the capital market generally does not care much about the so-called ROE, EPS, revenue, net profit, etc., which is useless when looking at Tiansheng Holdings' financial reports.

What really reflects the fundamentals of this company is its asset income statement and price-to-book ratio, which depends on the changes in Tiansheng Holdings' end-of-term asset statement.

There is no doubt that the company's performance exploded in the first half of the year. The net assets at the end of the period in the first quarter were 223.79 billion yuan, but now it has reached 341.573 billion yuan, an increase of 117.783 billion yuan in the second quarter, with a growth rate of 52.63%, far exceeding market expectations, giving a growth rate of 27.35%.

The company's asset price surged by more than 50% at the end of the period, and its main contribution came from the overseas investment of Tiansheng QDIE Fund. This sector has made huge profits in the first half of this year.

As an example, since the short-swing in February of the year, Nvidia started to go long. The company started to go long with Tiansheng QDIE. The cumulative increase in its stock price has reached an astonishing +144.5%, and will soon rise to 1.5 times. Nvidia is a very strong stock this year.

It will continue to strengthen in the future, which also has major factors in Bitcoin mining.

Other companies such as Amazon, Google, Activision Blizzard, etc. also have good returns. Although the stock price is not as high as Nvidia, it is still 40 or 50 percentage points. The key is that Lu Ming not only did he spend too much of these stocks, but also made calls for these tickets, and he made a fortune here.

In this round of investment, Tiansheng QDIE's own assets belonging to Tiansheng reached an increase of 91.8 billion yuan in asset prices regardless of exchange rate changes. In addition to the sharp rise in asset prices of overseas investments, the domestic investment also contributed 26 billion yuan in asset prices.

The main contribution of the domestic company was to build the "Tiansheng 150" investment portfolio in June. In addition to helping LPs manage their money, the investment in Tiansheng Capital also accounts for about 30% of the proportion. A group of domestic investors promoted a wave of asset prices and the rising asset prices of Tiansheng Capital held by Anshi Group.

Although the domestic capital market has fallen again, this is the data for the second half of the year.

Lu Ming quickly browsed the report, nodded and signed it, and said to An Yirou: "Around 9 o'clock in the evening, you can publish this interim report directly without making a performance forecast. The financial report conference call will be changed and pushed to Friday."

...

That night, Tiansheng Holdings disclosed its interim results, and major market software also pushed this news in small windows.

This surprised the market. Tiansheng Holdings' interim report performance was not predicted. The sudden release of performance also caught everyone off guard. There were actually very few performance reports released at the time node of Big A, and basically they were disclosed in the last few days.

Generally speaking, the more you delay the release of financial reports, the business situation will be less optimistic. Of course, there are also group companies with big businesses and subsidiaries whose financial consolidated audits are not so fast.

It is worth mentioning that Tiansheng Holdings' interim report performance has not been pre-disclosed, and the Shanghai Stock Exchange does not mandate the performance forecast, but only encouragement. Only the Shenzhen Stock Exchange's GEM interim report needs to be pre-disclosed, and the time limit is stipulated before July 15.

Tiansheng Holdings' trading code starts with 6 characters, which is obviously a shell borrowed from the Shanghai Stock Exchange.

The interim report results were suddenly released. While investors were surprised, they were even more shocked by the content disclosed in this financial report. Ordinary novices were also very shocked to see the company's revenue and net profit soaring.

Some institutions are paying attention to Tiansheng Holdings' end-of-period asset statement. After a quarter, its asset prices soared by more than 100 million yuan, and the increase of more than 50% is a very shocking data.

The comments under the market software are also quite popular.

"What the hell is the increase in net profit by 69 times?"

"I actually issued a financial report so early, and I didn't make any advance notice."

"66666, the daily limit will hit tomorrow!"

"Profit growth is not the key. The most abnormal thing is the rise in asset prices. It is too exaggerated to see the 52% month-on-month increase in assets at the end of the period."

"How can it be a daily limit? Tiansheng Holdings has such a large size in the securities sector. Can't it be crazy for its daily limit? Whether it rises or not depends on whether the institutions are willing to raise capital."

"I also think it is impossible to hit the daily limit. Tiansheng's ticket is very weird. I think the stock price has risen to more than 7,000 yuan. Someone may have known that the performance has exploded. Don't forget that this is an institutional ticket, and it is not an ordinary institutional ticket."

"Look at the data of Tiansheng Fund, a subsidiary of Tiansheng Yaoji, there has been a major change in the top ten holdings of Tiansheng Yaoji. The heavily-owned Shandong gold is gone? Zhongguo Construction directly fills up its position?"

"The seven components of the fund account for 70%, and the top ten holdings account for 87.6% of the total position, which is more concentrated than the last position adjustment. It is too ruthless."

"Why is the first brother so obsessed with the 'Haitian'an Maowulu'? It's worthy of being the 'Six-Meridian Divine Sword'... [Laughing and crying]"

"I'm shaking, this is a big adjustment. Shandong Gold is not in the top ten positions anymore? Is the number one cleared or reduced?"

"I bought Beifang Huachuang in mid-July and was trapped at almost 10 points. Isn't this the ticket held by Tiansheng?"

"I am also following the Yiwei Lithium Energy chased by Tiansheng Yaoji. I am currently trapped -24%. Is there any rescue?"

"I'm in Tianchi Materials and I've lost -24%."

"These tickets are doubled by July when the first brother goes through bulk trading to build positions. Are you chasing them at this time to take over the No. 1 brother? Maybe he will have run away long ago!"

"Uh... the market is saying that Tiansheng Capital has 300 billion yuan in funds to enter the market, so it must increase its position, so..."

"Hahaha, so you want the No. 1 brother to carry a sedan? You look through the financial report. What is the No. 1 brother doing recently? He spent money crazy in the primary market and invested in more than 20 companies. Are you thinking that the No. 1 brother will increase his position to carry a sedan for you?"

"Wori, I forgot that Tiansheng Capital has the same venture capital business, Huohuocao, Damn!"

"The new energy sector has been falling sharply recently, and lithium batteries are all bad. I think the number one master has run away!"

"Brothers, run away~[Eha]"
Chapter completed!