Chapter 614 [Analyst: Xingyu Technology's target market value is 2,447.9 billion]

As the listing date of Xingyu Technology is getting closer and closer, there are more and more news related to this company.

On Tuesday, September 11, it was reported that the order volume of Xingyu Technology's additional S620 chip processor reached 45 million pieces, and the order volume of the S680 chip processor used in the more advanced next-generation flagship machine reached an astonishing 150 million pieces.

Xingyu Technology did not come out to deny it, it is obviously true news, and it can also be indirectly corroborated through the semiconductor supply chain.

Not to mention that this news is going viral, it has also been frequently reported by the media, and has attracted the attention of the technology circle and the capital market.

A person in the smartphone industry claimed that his company originally planned to purchase S620 chip processors from Qualcomm, and the matter was quite smooth, and it may arrive early next year.

As a result, Qualcomm suddenly said that it would postpone the delivery to the second half of next year because the production capacity was insufficient.

As soon as this news came out, it was speculated that it was the result of Xingyu Technology's large-scale additional orders, and such a large-scale additional order was all about saying that Xingyu Technology's S3 smartphone was selling better than everyone expected.

The next generation of products has added 150 million pieces, which is even more shocking, and it seems to say that Xingyu Technology's internal confidence in the fourth generation of products is to sell 150 million units.

Boy!

Then people from all walks of life who paid attention to the news speculated, one of the hottest predictions is that Xingyu Technology will most likely seek internationalization from next year, and the next generation of flagship products will be 150 million units, and such a large amount will definitely not be digested in the domestic market.

Although the Greater China market has burst out with amazing consumption potential and the sales of smartphones have exploded, it is impossible to digest 150 million units in this market alone, because the STAR series of smartphones of Xingyu Technology is not cheap and is positioned in the high-end market.

If it is a low-end market, there is no problem in digesting the volume of 150 million units.

Then there is only one explanation that makes sense, Xingyu Technology is seeking to open up international business, and no industry insider or so-called expert has analyzed it in order to deal with the problem of chips being stuck in the neck "fragment".

Because in the eyes of many people, especially some people who admire Europe and the United States, this is absolutely impossible to happen, and now they are boasting that science has no borders and technology has no borders.

Therefore, it is natural to analyze that Xingyu Technology wants to internationalize, open up new markets, sell mobile phones to foreign countries, sell them to the European and American markets, and start a PK duel with Apple in the world.

This also makes many people look forward to it.

At the same time, the capital market is directly high.

Brokerage research institutions have begun to blow, Xingyu Technology added 45 million S620 chip processors, and added 150 million S680 chip processors, and this year's performance will definitely exceed expectations.

Next year, it will be an international development of new markets, which will directly open up a new space for performance expectations.

The performance of Xingyu Technology will inevitably usher in a doubling explosion, and the profits of the STAR series of smartphones are so high and the sales volume is so large, this performance must be explosive.

Moreover, the proportion of profits of Xingyu Technology in the smartphone industry is constantly rising, and the imagination space of the future is extremely attractive.

A brokerage institution was the first to publish a latest analysis report of Xingyu Technology.

Based on the recent news, especially the ultra-large-scale purchase volume of 150 million chips is about three to four times that of the past, internationalization is almost a sure thing, otherwise the Greater China market will not be able to absorb such a large volume.

Analysts of the report believe that Xingyu Technology's profit in 2013 is expected to increase by more than +450% next year, of which the net profit scale is expected to reach more than 80 billion in 2013.

The analyst believes that the market value of Xingyu Technology next year will surpass that of Zhongyou Petroleum and become the first listed company in the A-share market capitalization of more than 90%.

At present, among the listed companies in the A-share market, the largest market value is more than 1.6 trillion yuan.

It is worth mentioning that the market was boiling when the market was listed in November 2007 with an opening price of 48.6 yuan, and the market value of the oil was as high as 8.9 trillion yuan, ranking first in the world at that time.

Brokerage analysts not only believe that Xingyu Technology's listing will surpass Zhong Petroleum to top the A-share market capitalization, but also give a target price of 8.89 yuan per share and a target market value of 2,447.9 billion yuan.

This research report also went viral in the circle of shareholders and caused a heated discussion.

[Some brokerage analysts will see 2.4 trillion for Xingyu Technology next year? ]

[Crazy, right?] ]

[According to the target market value given by this so-called analyst, the issue price of Xingyu Technology is 2.54 yuan to 8.89 yuan, with a cumulative increase of +250%......]

[Haha, 250, there's something for this analyst.] ]

[Intentionally, right?] Laughing to death......]

[There are also zeros and whole decimal places, which seems to be very professional.] ]

[Who believes that it is a live leek, think about the original Zhong Oil.] ]

[Before the listing of Zhong Petroleum, experts said: After buying Zhong Petroleum, you don't have to worry about food and clothing. After the listing, I just want to say: Ask you how much sorrow you can have, just like buying Zhong Oil in a full warehouse ......]

[I think Xingyu Technology is still different, first of all, the industry is different, the issue market value is set at 700 billion, which seemed really high before, but now it seems really not high, and it may even be low. ]

[The analyst's target price may be a little outrageous, but I think the expected profit of 80 billion next year is promising, Xingyu Technology has placed an order of 150 million pieces, and internationalization should only wait for the official announcement, otherwise it is impossible to buy so many chips, is it difficult to buy them?] Apparently impossible. ]

[Purchasing 150 million pieces, that is to say, the fourth-generation products of Xingyu Technology will be mass-produced 150 million units, that is, 100 million units will be sold, and the profit should be 80 billion, right?] A little less R&D investment, and the profit comes out. ]

[If calculated according to the net profit of 80 billion, with the issue market value of Xingyu Technology of 700 billion, the price-earnings ratio is not 45 times, and it plummets directly to 8.75 times, even if it is a net profit of 50 billion, the price-earnings ratio is only 14 times compared with the issue market value. ]

[So calculated,?] Xingyu Technology has such a low price-earnings ratio, why do I suddenly think that the analyst doesn't seem to be overestimated, if calculated according to the net profit margin of 80 billion, even if the market value peaks at 2,447.9 billion, the corresponding price-earnings ratio is only more than 30 times. ]

[The premise is that Xingyu Technology's performance next year really explodes, and now it is all expected.] ]

[Next year's net profit of 50 billion is definitely there, think about the additional 45 million pieces of S620, just the current S3 is still selling well, this company is definitely not Zhong Petroleum.] ]

[Anyway, I think Xingyu Technology can definitely buy with confidence under the market value of one trillion.] ]

……

A brokerage research report triggered a competition of analysis and discussion among hundreds of millions of shareholders of Big A, some people felt that it was overestimated, and some people felt that it was not overestimated.

In short, the differences are very large.

When it was first revealed that the market value of Xingyu Technology's IPO was set at 700 billion, investors were dumbfounded, almost unanimously believing that it was seriously overvalued and did not give a premium to the secondary market at all.

But today, with the sale of S3 mobile phones, especially in the past two days, Xingyu Technology's crazy additional chip orders have come out, which has triggered the imagination of the capital market, and the expectation of business internationalization has opened up a greater imagination space for the market.

The market value of the issuance is 700 billion, and now everyone thinks it is very reasonable and not overestimated.

Everyone is arguing about how high the ceiling of Xingyu Technology is, which is very different.

However, there is no disagreement among shareholders, Xingyu Technology issued a market value of 700 billion, as long as the new stock wins the lottery, it will definitely make money steadily, many people were worried that the listing would break, and now no one will believe in the break.

……

(End of chapter)