从5000万增至1.8亿,乐视网负债230亿也要投资炒股
36氪·2025-12-08 13:35

Core Viewpoint - LeEco's significant debt of 23.009 billion yuan contrasts sharply with its remaining assets of only 862 million yuan, raising concerns about its financial stability as it announces a new investment plan of 180 million yuan in stock trading and bond repurchase [4][10]. Financial Situation - As of September 30, 2025, LeEco's total liabilities reached 23.009 billion yuan, while its assets were only 862 million yuan, indicating a severely imbalanced asset-liability structure [10]. - The company's asset-liability ratio stood at an alarming 2667.83%, with a net asset value of negative 21.545 billion yuan attributed to shareholders [10]. Investment Plans - LeEco plans to invest up to 180 million yuan of its own funds in securities, including new stock subscriptions on the Beijing Stock Exchange, secondary market stocks, and government bond repurchases [6]. - At least 150 million yuan of this investment will be allocated specifically for new stock subscriptions and bond repurchases, with strict limits on the proportion of bank stocks (at least 50%) and stocks from the CSI 300 index (at least 80%) [6][9]. Previous Investment Activities - Earlier in 2025, LeEco had announced a smaller investment plan of up to 50 million yuan for similar activities, indicating a significant increase in its current investment ambitions [8]. - The company has also engaged in external investments, such as providing financial support to a Burger King franchise, which has since encountered risks, leading to a provision for bad debts [11]. Historical Context - LeEco was once a leading company in the Chinese video streaming sector, achieving a market value exceeding 170 billion yuan in 2015 before facing a financial crisis that led to its delisting in 2020 [11].

从5000万增至1.8亿,乐视网负债230亿也要投资炒股 - Reportify