截至4月底,上市公司2007年报与2008年一季报已全部公布完毕。随着A股的大调整与回归,大多数市场人士对今年第一季报业绩早有心理准备。但其与年报比较,成绩变化之大有如翻云覆雨还是出乎了很多投资人预料。这种变化当然有宏观经济面变化的原因,但有一些企业的业绩变化很容易让市场研究者想起去年年末巴菲特给其员工一封信中所讲的话:“当海水褪去,裸泳者毕现”。 As of the end of April, the 2007 annual report of listed companies and the first quarter of 2008 have all been announced. With the major adjustment and return of A-shares, most market participants are psychologically prepared for the performance of the first quarter of this year. However, compared with the annual report, the results have changed a lot like the overwhelming or beyond the expectations of many investors. Of course, there are macroeconomic reasons for this change, but there are some changes in the performance of the business so that market researchers can easily remember the words Buffett made in his letter to his employees at the end of last year: “When the sea fade, ”.