Chapter 477: Climbing to the top of the Hurun Rich List
For the first week result of 116 million in "No Man's Land", Shuguang Film is naturally no longer satisfied, thinking about "Hero", which created a commercial blockbuster model for domestic films, and its premiere box office was only 62 million. If you count the other income of "No Man's Land", Ning Hao, who originally said that he might mess up, recovered all the costs in the first week of release, and according to the current box office situation, it is a foregone conclusion that Shuguang Movies will make a lot of money.
Lin Yuquan naturally called Ning Hao to congratulate him as soon as possible, and what made him amused was that Ning Hao himself was not only extremely excited about this achievement, but also felt incredible.
Of course, not only Ning Hao felt incredible about this, too many people felt incredible about the staggering box office of "No Man's Land", and after the incredible, the media reported like crazy, analyzing the brilliant achievements of "No Man's Land" in all aspects.
Yes, brilliant, it is not an exaggeration to use this word to describe the achievements of "No Man's Land", "No Man's Land" not only far surpassed "Crazy Racing" and "Love Call Transfer", setting a new record at the box office of Ning Hao's personal film in the first weekend, but also far ahead of "Transformers", "Red Cliff", "Full of Golden Armor", "Hurricane Rescue", "Painted Skin", "Wuji", "Assembly Number", "Kung Fu", "Hero", "Night Banquet" and a series of the most dazzling and brilliant films in the past few years. ranked second in the first-week box office in mainland film history, second only to the terrifying 154 million of "Wild Story: The Rise of the Apes".
What's more significant is that "No Man's Land" further makes the National Day prime time worthy of its name, speaking of which, the autumn hit is not the first time this year in 08. The National Day file was first mentioned in 2005. This year, Jackie Chan's "Myth" was released on a long holiday. and with one enemy and three, it strongly crushed the box office of the three films "Fantastic Four", "Long Hate Song" and "Children's Dreams".
Later, in 06, the National Day file "Painted Skin" and "Baby Plan" were released at the same time, both movies are high-profile Chinese productions, and in the end, "Painted Skin" occupied the top spot without suspense, and the box office performance of 71 million in the first week was much higher than the 21 million of "Baby Plan".
In the 07 National Day file, "Painted Wall" led the movie-watching boom, and this Chinese-language production with an investment of over 100 million yuan was highly sought after by fans after its release. In one fell swoop, it topped the box office list with a stunning box office of 72.35 million.
When the time comes to this year's National Day file, it will be a new scene, before that, I am afraid no one could have expected that this year's National Day file would be so popular, the box office of "No Man's Land" alone reached a terrifying 116 million, which is really breathtaking, so the box office has exceeded the total box office of the previous Chinese New Year stalls in a single week.
When specifically analyzing why "No Man's Land" can achieve such eye-popping results, the media and filmmakers not only mention the strong box office appeal of Ning Hao, Xu Zheng, Zhou Xun, and Huang Bo, as well as the excellent quality and good reputation of the film itself, but also agree that the most critical factor is the market, with the substantial increase in national economic income and theater screens. Whether it is the number of moviegoers or the total box office, all indicators prove that the scale of the mainland film market is expanding rapidly. The sheer size of the film market today determines that as long as the film has sufficient box office appeal, it will not worry about the lack of purchasing power in the market.
The amazing box office of "No Man's Land" undoubtedly caused a huge sensation in China, but this sensation only lasted for one day, and was replaced by the 2008 Hurun Report announced on the same day the next day, and its sensational effect became more and more amazing, and the source of all the sensation was because of the name that occupied the top spot of the new Hurun Report.
In fact, since half a month ago, speculation about the top of this year's Hurun Report has become the hottest topic recently, among which the most popular candidates include Yu Yang Huiyan, Zhang Yin family, Huang Guangyu, Xu Rongmao, Rong Zhijian, Peng Xiaofeng and others, each of whom is the top 10 richest people on the Hurun Report last year.
The reason why Lin Yuquan, who occupied the richest man in the mainland in the 2008 Forbes list of global billionaires at the beginning of the year, was excluded was because the evaporating market value of Alibaba shares held by Lin Yuquan was shocking.
But the reason why the accident is an accident is precisely because of the unpredictable results, what people didn't expect was that the top of the new Hurun Report list was precisely Lin Yuquan, who was excluded by them, and this alone was deeply shocking. Looking at Lin Yuquan's wealth figures on the list, it is even more surprising, 89.4 billion, it turned out to be 89.4 billion, which is 46.4 billion more than Huang Guangyu in second place.
Although this figure is far less than the 130 billion Yang Huiyan was on the list in the same period last year, but at this time, the situation last year is very different from this year, under the influence of the economic crisis, more than 70% of the richest people on the list this year have experienced a sharp decline in wealth.
Among them, the wealth of real estate tycoons has shrunk the most severely, with the wealth of listed real estate tycoons shrinking by an average of 60%, and the wealth of unlisted real estate tycoons shrinking by an average of 30%.
For example, Yang Huiyan, who ranked fourth on the list this year, her wealth has shrunk by nearly 75% in a year, from 130 billion yuan last year to 33 billion yuan this year, and the absolute value of the shrinkage is simple and appalling.
But what about Lin Yuquan? In the case of Alibaba's stock price plummeting, his net worth not only did not shrink, but jumped sharply, such an astonishing increase, only Rizhao Iron and Steel Group's Du Shuanghua can be compared, the other party's net worth increased by 27 billion in one year, leaping and bounds to the third place.
In fact, there are many highlights on the list, but due to Lin Yuquan's extraordinary influence, almost everyone's eyes are focused on him, and huge controversy has followed, fans and fans naturally cheered, but there are also a lot of people who question the authenticity of the data on the Hurun Rich List, thinking that Lin Yuquan cannot have so much wealth.
Fortunately, Hurun had anticipated the controversy, and immediately after the release of the Hurun Report, he accepted a telephone interview with the media to give a detailed interpretation of this year's list, and it was Lin Yuquan who was asked the most.
Beijing News: Lin Yuquan's wealth is really incredible, we all know that Alibaba's stock price plummeted and his net worth evaporated by tens of billions, why does he have so much net worth?
Hurun: Many people are accustomed to using the market value of Alibaba's shares to measure Lin Yuquan's wealth. There's actually a big problem with that. It turns out. The value of Lin's unlisted property has long exceeded his stake in Alibaba.
Beijing News: So how is it calculated?
Hurun: In the past, we only estimated Lin Yuquan's wealth at book value, but as his property grows bigger and bigger, it is bound to be seriously underestimated in this way. Therefore, this year, we evaluate the revenue, profit and book value of their properties in combination with the financial ratios of similar listed companies in the same industry.
Beijing News: Stocks are extremely transparent, calculated according to the stock price of listed companies and the number of shares held. The final wealth results are clear at a glance, but in comparison, there are inevitably a lot of errors in the market value assessment of unlisted companies, what do you think about this?
Hurun: You're right, there is indeed a phenomenon you mentioned, everyone knows that assessing the market value of unlisted companies is an extremely difficult thing, in fact, there has been no unified standard for how to correctly value a company, and the commonly used price-earnings ratio is just one of the methods. In the actual valuation, there are many factors that need to be considered. For example, the company's growth, the company's industry, the company's position in the industry, the company's governance structure and management level, the company's return to investors, the company's size, and so on. In fact, we are conservative in our estimates of the market capitalization of Lin Yuquan, or of all the unlisted properties of the richest people on the list. Because you can't grasp everyone's investment expectations in this world.
Beijing News: In other words, Lin Yuquan's wealth may be more than the 89.4 billion on the list.
Hurun: Yes, Lin Yuquan's influence is undoubted, and his industries are all at the level of outstanding companies in the industry, so we have reason to believe that the P/E ratio of his unlisted industries is much higher than the average P/E ratio. Actually, I hope that the public will look at our list in this way, that is, this person at least has so much money, and he may have more.
In order to enhance the persuasiveness, Hurun also gave a more detailed assessment of Lin Yuquan's industry.
Among them, the most valuable of Lin Yuquan's unlisted industry is Summit Entertainment, Summit Entertainment had a global hit "Hurricane Rescue" last year, but because of the release time and last year was the first year that Summit Entertainment was acquired, and there are big-budget films like "Wild Story: The Rise of the Ape Clan", on the whole, it must be a loss, but this year only according to the current situation, Summit Entertainment's net profit will reach at least $500 million, calculated according to the average price-earnings ratio of 12 times that of film and television entertainment in the United States. Summit Entertainment will have a market capitalization of at least $6 billion.
The second most valuable industry overseas is Little Bear Press, with the two best-selling series of novels "Wild Story" and "Twilight", the Little Bear Press after the acquisition burst out of amazing profits, according to the current situation, Little Bear Press's net profit this year is expected to be around 1.4-160 million US dollars.
If you compare a public company with Little Bear, the most contrasting company is the media company Meredith. Meredith currently has a market capitalization of $1.3 billion, annual revenue of approximately $1.5 billion, and an operating margin of 16% in its publishing business.
If Meredith's market cap pricing is basically in line with that of Little Bear, then Little Bear Press' market cap will be around $1 billion.
The third most valuable overseas industry is Lin Yuquan's Facebook stock, and Facebook, a social networking site with more than 120 million users, is still growing, but compared to last year's valuation of $15 billion, Facebook's stock price is declining rapidly, which is related to many factors, and the most important reason is that investors are unwilling to spend more money to acquire Facebook shares.
Since hitting an all-time high in the fourth quarter of last year, Google's stock price has fallen by nearly two-thirds, and Facebook's valuation has naturally fallen sharply.
Facebook's stock is currently trading at $7.70 in the informal market, according to which Facebook's market capitalization is only $2.3 billion, and it is reported that Lin Yuquan's stake in Facebook is no less than 10%, which means that Lin's part of the wealth is worth at least $230 million.
Speaking of China, Lin Yuquan's most valuable industry in China is naturally his Alibaba shares, although Alibaba's stock price has fallen sharply in the past year, but this part of the market value still reached 15.6 billion yuan.
The second valuable domestic industry is Shuguang Film, as the foundation of Lin Yuquan's start, Shuguang Film, there is no comparable company in the domestic A-shares, although there is no shortage of film and television production companies in the A-shares, but it generally accounts for a small proportion of the main business, whether in terms of popularity, or income and other aspects are difficult to compare with Shuguang Film.
It can be compared to Hong Kong Phoenix Satellite TV, whose profit in 2007 was 230 million yuan, and its current market value is 7.6 billion yuan, with a price-to-earnings ratio of 33 times.
The net profit of Sugon Film last year was 431 million yuan, and according to the price-earnings ratio of 33 times, the market value of Sugon Film reached 14.2 billion yuan.
In addition, Lin Yuquan's Shuguang network also has an amazing market capitalization, although it is difficult for the video site to break even, but the largest video site in China, but also the largest video site in Asia, has amazing potential, compared to Youtobe, which once belonged to Lin Yuquan, its market value is believed by a group of investment experts to exceed $1 billion.
In addition, Lin Yuquan's other industries, including Shuguang Cinema Line, Shuguang Base, Shuguang Publishing House, Dimen Games and other companies, as well as real estate or cash in his name, are expected to be around 500 million US dollars.
Therefore, it was calculated that Lin Yuquan's net worth was 89.4 billion, and if it was really listed, he would have more.
The huge sensation quickly spread from China to the world, and after reaching the top of the Hurun Report with astonishing numbers, Lin Yuquan's mobile phone fell into a busy state again, and he was so devoted to filming that he had to turn off his mobile phone, which lasted for several days before his life was basically restored to tranquility.
While Lin Yuquan was fighting for the filming of "Immediate Rescue", the second week of October October from October 6th to 12th also ended, without any accidents, "No Man's Land" won the championship for a second time, with another 78.2 million in a single week, a total of 194 million in two weeks, and more than 142 million "Crazy Racing", setting Ning Hao's personal best box office results.
It was only a little bit to break through 200 million, in the face of such an impressive box office result, Shuguang Films was naturally overjoyed, the goal of over 100 million has been achieved, and there is no problem with 200 million, and the next goal of "No Man's Land" is to strive for a box office of 250 million.
While the box office is going all the way up, the main creators of "No Man's Land" have also received great attention, although before this Ning Hao, Zhou Xun, Xu Zheng, and Huang Bo all had more than 100 million film works, "No Man's Land" helped several people not to be a blockbuster, but there is no doubt that after the success of "No Man's Land" again, the influence of the main creators has been greatly improved, and the benefits it brings are obvious.
Needless to say, the salaries and endorsement prices of Zhou Xun, Xu Zheng, Huang Bo and others will rise in the future to create more income for the company.
However, it is impossible for "No Man's Land" to continue to win the weekly box office champion, because on October 17, the much-anticipated Lin Yuquan's first love movie "Heartbeat" will be released, and too many people are looking forward to the early arrival of that day.
Lin Yuquan was also looking forward to it, but before that, he received a call from Han Shanping first. (To be continued......)
PS: Thank you Nebula ≌ Against the sky and a person's longing for the monthly pass and reward of the two friends.