落水记是一部喜剧片，富农张顺发和爱阔气的青年唐金勾勾搭搭干起投机赚钱的买卖。他们乘合作社猪食发生恐慌，偷偷驾起小船去收买白莱叶，不但沿途经历了许多风险，到后来事情快要被揭露时，更是惊慌失措，狼狈不堪。
A young man gets involved in cabbage speculation when a farmer gives him a watch which he has dreamed of owning.
