"What do you think the current Huashang brand can be valued after listing?" Wang Ye asked rhetorically.

"The valuation of clothing brand companies is suitable for calculation by the price-earnings ratio method, so how much do you expect the net profit of Huashang Division to reach this year and next year?" LISA didn't ask about this year's profits, because just looking at this year, Huashang brands may be losing money, and new brands are expanding the market during the period.

After a rough estimate in his heart, Wang Ye replied: "Just be conservative, according to the normal operation of 3,000 terminal stores next year, the average annual sales of each store will be calculated at 2.4 million, and the total sales will be 7.2 billion." Excluding all expenses, the company's net profit can be controlled at more than 5%, that is, about 360 million. ”

Don't think that 5% net profit is very little, you must know that although the gross profit of clothing brand companies is very high, all kinds of expenses are also huge. Therefore, if you look at the financial statements of the clothing brand companies that have been listed, you will find that if the net profit can reach 5%, it is already regarded as excellent performance and good cost control.

"Referring to the clothing brand companies that have now been listed, PE is generally 10-15, and we will calculate it according to PE12, and Huashang's valuation is 4.32 billion," LISA quickly reported the answer, without the need for a calculator.

More than 4 billion, it doesn't seem like a lot, but you must know how much money Liu Weiguo has invested since the establishment of the Huashang brand! Even if he has been investing heavily this year, the sum of various expenses has not exceeded 300 million.

In other words, Liu Weiguo's 300 million yuan investment will soar to more than 4 billion yuan as soon as it is listed! This is the magic of the capital market. Of course, it is impossible for him to take the more than 4 billion yuan alone, and he has to take out a lot of shares to distribute to relevant people.

"It's still too little, and the financial market for this kind of clothing brand company valuation is relatively low, because the business risk is large, the performance is full of uncertainty! So let's assume that if Huashang company can include brand-design-production-sales, such a complete industrial chain. If you compare Internet companies with their own ecological closed loop, will PE be higher when Huashang is valuated?" Wang Ye said his thoughts.

"If the complete industrial chain can be achieved, then the valuation will naturally be much higher, especially with its own sales channels, which can be raised to 20 times the price-earnings ratio!" LISA replied in the affirmative without thinking.

"This is my plan, since Huashang is listed, it must be able to become a star stock in the clothing category on the stock market! ”

"However, Huashang now has the brand and design, how to solve the production and sales links?" LISA still couldn't understand all of Wang Ye's thoughts.

"In terms of production, have you forgotten about Lihua?" Wang Ye reminded with a smile.

"Ahh Could it be that at that time, he had already begun to plan for the listing of Huashang?

"As for the sales channels, now Huashang's provinces and cities are mostly large customers, I plan to pull those big customers together to set up branches in various provinces, of course, I and some stakeholders want to participate in it, and finally integrate the local branches into Huashang!" Wang Ye lightly threw out his entire plan.

As for Shi Guoqiang of Lihua, will there be any big agents in various places who will agree? Who doesn't know that the listing of an enterprise is a feast, and now that Wang Ye has sent them the entry ticket, they only need to pay a little price to get it, how can anyone not agree!

ONCE AGAIN COMBING THROUGH WANG YE'S ENTIRE PLAN FROM THE BEGINNING, LISA COULDN'T HELP BUT ADMIRE: "WHAT A GENIUS IDEA, PERFECT EXECUTION PLAN!"

Now that the plan is known, the next step is to calculate the required funds.

Lihua's side is relatively simple, there is an agreement between the two sides, and now it is just an early implementation of the agreement. And he is not worried that Shi Guoqiang will not agree, which is equivalent to Wang Ye giving him the opportunity to invest in a listed company in advance. If he's still reluctant, then he really doesn't know what to do.

Wang Ye plans to acquire another 40% of Lihua's shares, plus the original 20%, which is 60%. The capital required for this part of the shares is 480 million.

In addition, it is impossible to get an accurate figure for the time being, because Wang Ye also has to pull some interested parties to participate and share the feast of listing, such as Nie Dingwen, Si Xiangdong and others, and even Secretary Liu Hairongpang will also enter a little share. The interests are evenly distributed, and it cannot be avoided.

As for the Huashang brand, before listing, the company will also do share allocation. Under normal circumstances, 30% should be used for listing and financing, and 10% should be set aside as a share award for middle and low-level employees. This part of the shares also needs Wang Ye to pay money to buy, but the price will be much lower, maybe only about 100 million.

Add up the funding needs of these three parts, and the amount of one billion should be enough.

And through Wang Ye's dazzling series of share acquisitions and resource integration, LISA was surprised to find that Wang Ye had almost completed the holding!

Although the exact percentage of shares cannot be calculated, it can be roughly estimated. You must know that the valuation of the Lihua factory is about the same as the current Huashang brand, and the combined valuation of sales companies around the country will not be much lower than that of Huashang.

Among these three major blocks, Wang Ye can control Lihua; in terms of sales companies, Wang Ye will definitely sign a concerted action agreement with the interested parties involved, which is equivalent to holding shares; and Huashang can also get a lot of shares.

How do you look at it, the biggest shareholder is Wang Ye!

WOULD ANYONE IN THE PARTIES INVOLVED BE DISSATISFIED WITH THIS OUTCOME?

Come to think of it, it seems that there really isn't!

Lihua's Shi Guoqiang, by selling 60% of the shares, first got 720 million in cash, and then obtained a ticket to participate in a listed company. Once his remaining 40 percent of the shares become a shareholder in Huashang, the market value after listing may far exceed the current overall market value of Lihua! How could he not be satisfied?

The big agents around the country and the interested parties mentioned by Wang Ye will not be dissatisfied, and being able to participate means making a lot of money. They will only be grateful to Wang Ye.

As for Liu Weiguo of Huamei International, first of all, this listing opportunity was won by Wang Ye. As a result, Liu Weiguo's investment of no more than 300 million yuan has increased several times in more than a year! Moreover, through Wang Ye's set of plans, the company's valuation does not know how much it will soar.

On the one hand, it is a controlling stake in a small company, and on the other hand, its net worth has risen more than ten times after listing!

I'm afraid that every normal person will choose the latter without hesitation!