Which company is better, Jiangnan Water or Xichai?

Hello, I'm glad to answer your question. First of all, the underwriting brokers of convertible bonds in Jiangnan Water are either poor in level or kind, or look on the bright side. Jiangnan Water Supply Company is kind. Imagine that if the resale period is set at the last two years, or less than 70% of the conversion price of 80% (most companies convert bonds to 70%), companies can still manage their finances for another two years with such low interest rates. At a glance, the company's current assets are basically cash and wealth management, totaling about 265.438 billion yuan, and long-term equity investment is about 65.438 billion yuan, totaling 2.2 billion yuan. Others, such as fixed assets of 2 billion yuan, construction in progress of 450 million yuan, intangible assets of 65.438+0.5 billion yuan. In terms of liabilities, accounts payable and pre-sale accounts are more than 400 million, which offset each other, with 670 million convertible bonds and 400 million in deferred revenue. Assets and liabilities are as above. The current market value of the company is 3.95 billion yuan, after deducting 65.438+53 billion yuan in cash (2.2 billion yuan in cash, after deducting 670 million yuan in resale, the remaining 65.438+53 billion yuan), the remaining 24.2 yuan. I sincerely hope that my answer can help you, and I wish you a happy day! ?