According to Wang Ye, more than 3,000 stores have signed contracts in half a year, which is amazing.

They really didn't fully consider this problem, but this was just Wang Ye's estimate. A representative took the floor and asked: "This speed of opening stores cannot be controlled, can Wang Dong determine how many stores will be opened in the next year?"

Smiling slightly, Wang Ye said, "I'm not sure how many stores I will be able to open." But...... I can still guarantee the minimum number of stores that can be opened. ”

The representative of Galaxy Securities asked: "How many stores can Wang Dong guarantee to open?"

"6,000! Double the current number!" Wang Ye replied categorically.

"That's a lot!"

"Then next year's earnings will really have to be recalculated. ”

Representatives of Citigroup Investment Bank and Galaxy Securities began to discuss this figure.

Why does Wang Ye have to make a guarantee that he will be able to open so many stores next year, because this involves profit expectations, and the pricing of stocks at the time of listing is mainly calculated based on the price-earnings ratio.

If the future earnings forecast is wrong, the stock price will not be reflected.

In fact, Wang Ye's estimate is a bit low, and the number he is really sure of is 8,000! That is, to open another 5,000 new stores, but he didn't say it to death, so let's leave a little room for imagination, so that the stock price will look better after listing.

And the two underwriters also have to make money, and if they don't leave a certain amount of space, it's not so easy for them to sell their stocks.

In the end, according to the profit calculation of Huashang with 6,000 stores next year, on average, the annual sales of each store are 2 million to 2.5 million, and the annual sales of Huashang International will reach 12 billion to 15 billion!

Of course, the account is not calculated like this, Huashang company ships to the following sales companies, or franchise stores, there is a discount, this discount is generally 4-5% off according to the size of the channel. Then the real sales of Huashang Company are between 4.8 billion and 7.5 billion, and the median value is 6 billion.

How much is the profit, the gross profit is not low, basically about 30%, that is, 1.8 billion gross profit. Calculate the net profit, excluding marketing and publicity expenses, excluding the subsidy support given to customers, and subtracting employee benefits, as well as office space costs. That's more pitiful, it is estimated that more than 5% is good, that is, a net profit of 300 million.

If the production and sales companies were not integrated at the beginning, the annual sales and net profit of the Huashang brand after listing would be so much, and it could only be regarded as a small company. But now it's different, and we have to add the Lihua factory and the two sales companies below.

Lihua factory, next year's orders from Guanghuashang's side will be at least three or four billion, or even higher. The factory has no marketing expenses, so the net profit can maintain a relatively high percentage, about 10%. That's another net profit of three or four billion.

The profit of the sales company is relatively high, the gross profit is 50%-60%, and the net profit can also be more than 20%, which is when the store sells well. Take Shonan Sales Company as an example, according to the province's 300 stores, 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 the reason why Wang Ye must integrate the two sales companies to increase profit margins.

According to this overall calculation, it is amazing, and next year's Huashang International, the net profit can reach 8-1 billion!

In addition to those resource-based enterprises and large-scale monopoly state-owned enterprises, there are a few real private enterprises that can achieve this annual net profit!

If it is calculated according to the PE of 20 at the time of listing, the market value of Huashang will reach about 20 billion! This is RMB, not Thai baht or yen!

Huashang Company's existing share capital totals 506 million, plus the 150 million shares to be issued on the market, which is 656 million shares, and the listing price per share is 30.5 yuan according to the market value of 20 billion.

Shi Guoqiang, the third largest shareholder, has 80 million shares and a market value of 2.44 billion yuan!

Liu Weiguo, the second largest shareholder, has 90 million shares and a market value of 2.75 billion yuan!

As for the largest shareholder, Wang Ye, he has 217 million shares and a market value of 6.62 billion yuan!

Half a billionaire!

Not counting the other small shareholders, middle-level managers like Li Qinghuan have more than one million shares, and they are also worth tens of millions.

Therefore, the company's listing is a feast!

A company can be successfully listed, and it can be a lot of millionaires, multimillionaires, billionaires!

Moreover, in the domestic stock market, everyone understands that after the real listing, you are embarrassed to say that your company is listed if the issue price does not rise by two or three times.

It is normal for a company with prospects, or a company that looks promising, to have a share price of 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 changed.

In the past, Wang Ye could only be regarded as a high-quality potential customer. Now that he is about to have a net worth of 10 billion, he is definitely the highest-level customer!

Not to mention anything else, according to Pete, the extremely black card he applied for Wang Ye should have been approved, and it is the kind with no limit!

Speaking of this extremely black card, it is a big name, and the annual fee is as high as 23,000! Moreover, this kind of card has not yet been officially issued to domestic customers, and only a very small number of top people are currently invited to become its users.

This cartoon body exudes a black metallic luster, and its material is indeed metal, nickel steel alloy, which is also the first high-end credit card made of metal in China.

As for its rights and interests, it is not clear at that time.

Complimentary accommodation for four days and three nights at selected five-star hotels in Phuket per year.

Get 2.16 million Citibank points when you open the card, which can be exchanged for a first-class ticket from Pengcheng to London.

Unlimited access to more than 700 airport lounges around the world, unlimited transfers to major airports around the world, unlimited roadside assistance services around the world, and exclusive VIP services for five-star hotels and resorts around the world......

Highlight one that only you can't think of, and you can't do without it!

WANG YE JOKINGLY ASKED LISA: "I WANT TO BUY A PRIVATE JET, CAN I SWIPE THIS CARD?"

AS A RESULT, LISA REPLIED SERIOUSLY: "OF COURSE THERE IS NO PROBLEM, AND WITH THIS CARD, YOU CAN REDUCE THE QUEUE TIME AND GET YOUR CUSTOM PRIVATE JET FASTER!"

Wang Ye: "......"

OPEN THE BOX WRAPPED IN BLACK LEATHER, THE EXTREME BLACK CARD IS PACKED IN A HAND-SEWN LEATHER CARD HOLDER, AND BELOW IS ITS MANUAL, WHICH IS MORE SPECIAL, AN IPAD MINI......

LISA SOLEMNLY TOLD WANG YE THAT GETTING THIS CARD MEANS THAT HE HAS BECOME THE MOST DISTINGUISHED GROUP OF CUSTOMERS OF CITIBANK. From now on, no matter what he requires, anywhere, at any time, he can contact his dedicated personal advisor, and Citibank will solve any trouble for him.

This is the commitment of a global financial oligarchy to its customers of the highest rank!