Kangmei Pharmaceutical's 88.7 Billion Yu Diagram

红旗信号（别上当）

• High cash and high debt
• Inverted interest income and expense
• Abnormal and difficult-to-inventory inve…
• Massive amount of accounting error corre…
• High equity pledge ratio and intensive b…
• Auditor consistently issuing standard un…

真实案例

• In April 2019
• In November 2021
• In November 2021
• In July 2026

怎么防护

• Self-check high cash and high debt befor…
• Verify cash using implied interest rates
• Beware of hard-to-inventory narrative
• Pay attention to major shareholder pledg…
• Make good use of investor protection cha…

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