本文对上市公司再融资的3种形式及对财务业绩在时间上的变化进行了分析,提出了无论配股、增发新股、发行可转换债3种方式对财务指标的影响是下滑的,而对企业的核心业务是增强的,但不显著。发行可转债优于配股和增发。 This paper analyzes the three forms of refinancing of listed companies and the changes in financial performance over time, and points out that the impact of three kinds of ways, including rights issue, new issuance of new shares and issuable convertible bonds, is declining on the financial indicators, The core business is enhanced, but not significant. Issuance of convertible bonds is better than placement and issuance.