从5000万增至1.8亿,乐视网负债230亿也要投资炒股
21世纪经济报道·2025-12-04 05:47

Core Viewpoint - LeEco, once a leading company in the entrepreneurial board, is under significant financial pressure with over 23 billion yuan in debt, yet it has announced a new investment plan of 180 million yuan in stock trading, raising concerns about its financial health and investment strategy [1][5][6]. Financial Situation - As of September 30, 2025, LeEco's total liabilities reached 230.09 billion yuan, while its assets were only 8.62 billion yuan, indicating a severely imbalanced asset-liability structure [5][6]. - The company's asset-liability ratio has soared to an alarming 2667.83%, with net assets attributable to shareholders being negative 215.45 billion yuan [6]. Investment Plans - LeEco plans to invest up to 180 million yuan, with at least 150 million yuan allocated for new stock subscriptions on the Beijing Stock Exchange and reverse repos of government bonds, while the remaining 30 million yuan can be used for secondary market stock purchases [1][5]. - The company emphasizes that these investments will not interfere with its main business operations and will be managed by professional personnel to enhance risk control [5]. Historical Context - LeEco was once the only profitable video website listed in China, with a market value exceeding 170 billion yuan in 2015, but it faced a financial crisis in late 2016, leading to its delisting in 2020 [6][7]. - The company has previously announced investment plans, including a 50 million yuan investment in stock trading earlier in 2025, which indicates a pattern of seeking investment opportunities despite its financial struggles [4][5].