Chapter 208 Extreme Black Card (2/2 Happy Christmas Eve)
The representatives below whispered. According to Wang Ye, they signed more than 3,000 stores in half a year, which was amazing.
They really didn't take this issue into consideration, but this was just Wang Ye's estimate. A representative asked in a speech: "The speed of opening a store cannot be controlled. Can Mr. Wang determine how many stores will be opened in the next year?"
With a smile, Wang Ye said, "I'm not sure how many stores can be opened. But... at least how many stores can be opened, I can still guarantee this."
The representative of Galaxy Securities asked: "How many stores can Mr. Wang guarantee to open?"
"6,000 companies! Double the current basis!" Wang Ye answered firmly.
"So many!"
"The profits for next year are indeed going to be recalculated."
Representatives from Citigroup and Galaxy Securities were discussing and began to discuss this number.
Why does Wang Ye have to ensure that so many stores can be opened this year? Because this involves profit expectations, the pricing of stocks when listed is mainly calculated based on the price-to-earnings ratio.
If the future earnings expectations are estimated incorrectly, the stock price cannot be truly reflected.
In fact, Wang Ye's estimate is a bit low. The number he is really sure is 8,000! That is, he opens another 5,000 new stores, but he doesn't say anything, so he should leave some room for imagination, so that the stock price will look better after listing.
Moreover, the two underwriters also need to make money, so they don’t leave a certain amount of space, so it’s not that easy for them to sell stocks.
Finally, the profit will be calculated based on the calculation of Huashang's 6,000 stores next year. On average, each store sells 2 million to 2.5 million, and Huashang International's annual sales will reach 12 billion to 15 billion!
Of course, the account is not calculated like this. When Huashang Company ships goods to the following sales companies or joins a store, there is a discount. This discount is generally 40%-50% off depending on the channel size. Then Huashang Company's real sales are between 4.8 billion and 7.5 billion, with the intermediate value of 6 billion.
How much profit is? The gross profit is not low, basically about 30%, which is 1.8 billion gross profit. Then calculate the net profit, except for the marketing promotion expenses, the subsidy and support given to customers, the benefits and office space expenses of employees are reduced. That is rather pitiful. It is estimated that it would be good if there is more than 5%, that is, the net profit of 300 million yuan.
If the production and sales companies were not integrated at the beginning, the annual sales and net profit of Huashang brand after its listing would be so much, and it could only be considered a small company. But now it is different, and there will be a Lihua factory and the following two sales companies.
For Lihua Factory, next year, the orders for Guanghua Shang will be at least 300 million or 400 million, or even higher. The factory has no marketing expenses, so the net profit can be maintained at a relatively high proportion, about 10%. That is another net profit of 300 million to 400 million.
The profit of the sales company is relatively high, with a gross profit of 50%-60%! The net profit can also be more than 20%, which is when the store sales are good. Take Xiangnan Sales Company as an example. Based on the 300 stores in the province, the annual sales can reach more than 600 million, the gross profit is more than 300 million, and the net profit is more than 100 million!
This is also why Wang Ye must integrate the two sales companies to increase profit margins.
Based on this overall calculation, it will be amazing. Next year, Huashang International's net profit will reach 800-1 billion!
There are thousands of listed companies, except for those resource-based enterprises and large monopoly state-owned enterprises, among the real private enterprises, several of them can achieve this annual net profit!
If it is listed, based on PE of 20, Huashang's market value will reach about 20 billion! This is RMB, not Thai baht or Japanese yen!
Huashang Company's current share capital is 506 million, and the 150 million shares to be issued soon after the listing issuance is 656 million shares. Based on the market value of 20 billion, the listing price per share is 30.5 yuan.
The third largest shareholder, Shi Guoqiang, owns 80 million shares, with a market value of 2.44 billion yuan!
The second largest shareholder, Liu Weiguo, owns 90 million shares, with a market value of 2.75 billion yuan!
As for the largest shareholder, Wang Ye, he has 217 million shares, with a market value of up to 6.62 billion yuan!
He is considered half a billionaire!
The other small shareholders are not allowed. Middle-level managers like Li Qinghuan all have more than one million shares, and they are worth tens of millions of dollars.
So, the company's listing is a feast!
A company successfully went public and could have become a lot of millionaires, millionaires, and billionaires!
Moreover, everyone understands that after the real listing, if the issue price does not rise by two or three times, you are embarrassed to say that your company has been listed.
For companies with prospects, or seemingly promising, it is normal for them to have stock prices to reach ten or twenty times the issue price!
Perhaps, we can call Wang Ye a billionaire in advance.
Since Huashang International's valuation was calculated, Citi Private Bank's attitude towards Wang Ye has become different again.
In the past, Wang Ye could only be regarded as a high-quality potential customer. Now he is about to have a net worth of 10 billion, and he is definitely the highest-level customer!
Let’s not talk about anything else. According to Pitt, the extremely black card he applied for for Wang Ye should be approved, and it is an unlimited one!
Speaking of this extremely black card, it is famous, with an annual fee of up to 23,000 yuan! Moreover, this card has not been officially issued to domestic customers, and it is currently only a targeted invitation to a very small number of top people to become its users.
This cartoon exudes a black metallic luster, and its material is indeed metallic, nickel steel alloy. This is also the first high-end credit card made of metal in China.
As for its rights, it was hard to explain at that time.
Phuket designated five-star hotels are free to stay in four days and three nights a year.
You will get 2.16 million Citibank points when you open the card, and you can redeem a first-class air ticket from Pengcheng to London.
More than 700 airport VIP rooms around the world are unlimitedly used, unlimited pick-up and drop-off services for major airports around the world, unlimited road rescue services for the world, exclusive VIP services for five-star hotels and resorts around the world...
Highlight one that you can’t imagine, but you can’t do without it!
Wang Ye asked LISA jokingly: "I want to buy a private plane. Can I swipe this card?"
As a result, LISA replied seriously: "Of course there is no problem, and if you swipe this card, you can subtract the queue time and get your customized private jet faster!"
Wang Ye: “…”
Open the box wrapped in black leather, and the ultimate black card is packed in a hand-sewn leather card cover. The following is its instruction manual. It is quite special. An IPAD MINI...
LISA solemnly told Wang Ye that getting this card means that he has become the most noble group of Citibank's customers. From then on, no matter what requests you have, anywhere and at any time, you can contact his exclusive private consultant, and Citibank will solve any trouble for him.
Chapter completed!