Chapter 382: Market Cap Ranking
Towards the end of April, the red-blue showdown in the console market continues.
The outside world is secretly looking forward to the two companies announcing the sales and turnover of their respective game consoles, and they have been waiting for this good show, but they have been waiting for a long time.
However, before this melon was eaten, another announcement from Baichuan Electric caused an uproar.
After more than a month of intense final settlement, Shirakawa Electric's financial statements last year were finally completed.
At the end of April, after a review by an internal and third-party accounting firm, Shirakawa Electric officially released its financial statements for the first time since its listing.
Since its listing in October last year, as of the end of the year, Shirakawa Electric has a total revenue of 228.5 billion yen and a net profit of 80.3 billion yen.
The financial report is accompanied by detailed schedules such as audit reports and accounting statements.
The audit report is a third-party accounting firm's certification of Shirakawa Electric's business situation, and the accounting statement contains Shirakawa Electric's asset statement, income statement, statement of changes in owners' equity, cash flow statement and other information.
However, for the general public, they do not pay attention to any audit reports or accounting statements.
They focus on two numbers, revenue and net profit.
Even the latter is the most important thing, a profit of 80.3 billion yen, three months!
The shareholders pinched their fingers, and then picked up the telephone as soon as possible, and roared for the people from the brokerage company to buy the shares of Shirakawa Electric.
However, the news of shareholders is always the latest, and the stock price, which was hovering around 1,400 yen two days ago, has risen to 1,800 yen at some point.
In the face of the sudden rise in stock prices, shareholders first patted their thighs, and then continued to frantically buy shares of Shirakawa Electric.
Having already missed a chance to make a fortune, the second wave is going to get on anyway.
After all, such a high profit amount can't be faked, 80 billion in 3 months, and it's okay to get it all year long?
Buy, buy, buy! Spurred on by huge profits, Shirakawa Electric's stock rose for three consecutive days, reaching an all-time high of 3,200 yen in one fell swoop.
The share price of a single plant is 3,200 yen, which is nearly 2.5 times higher than the 1,300 yen at the beginning of the listing.
This also means that Shirakawa's market capitalization has risen from 1,090 billion yen to 2,683 billion yen in one fell swoop, totaling $10.7 billion.
The stock price of Shirakawa Electric is still rising, but it is not as crazy as the previous three days.
In the final analysis, it is just 3 months of profit that stimulates shareholders, and the profit margin calculated in combination with revenue almost exceeds that of most listed companies.
This is the reason why investors are frantically pouring into the stock market and speculating on the stock of Shirakawa Electric.
In fact, the reason why Shirakawa Electric's profits in the last three months are so high is also a bit of a trick.
Because of the release of CD players and speakers in October, it also added an additional profit to Shirakawa Electric.
Therefore, compared with the financial reports before the listing and now after the listing, the profit increase will be so obvious.
Of course, Shirakawa Electric won't explain anything, silently cutting leeks isn't it fragrant?
Didn't you see that there were many more lawmakers who called Shirakawa Kaede recently, and how many people greeted Shirakawa Electric?
The waist bag is bulging a lot, so it is also appropriate to make a phone call to say thank you.
Of course, the leeks will never know about the behind-the-scenes deals, and they are now only amazed by Shirakawa Electric's market value of 2.68 trillion yen.
The media is not willing to be lonely, in addition to reporting on the rapid rise of Shirakawa Electric.
Financial news even lists a list of the top 100 companies by market capitalization based on the market value of each listed company.
At the top of the list is Toyota, which tops the list with a market capitalization of 16.78 trillion yen.
It is worthy of being the largest car manufacturer of Neon, dominating the domestic market and also making a name for itself overseas.
Looking at the whole neon, it is difficult for any other company to reach this height.
It is followed by the Neon Telegraph and Telephone Commune, but its market capitalization is only half that of Toyota, about 8.1 trillion yen.
As one of Neon's three major communes, the predecessor of NTT, it has always had a monopoly in the field of telephone communications.
In recent years, with the full popularization of telephone communication in neon, the business of the Telegraph and Telephone Commune has also skyrocketed.
Relying on the monopoly position of the market, its market capitalization ranks second in neon.
In third place is Mitsubishi Financial Group with a market capitalization of 7.7 trillion yen.
Fourth, Chuijo Pharmaceutical 6.3 trillion yen, and fifth, Japan Post 5.4 trillion yen.
In sixth place is Sony, which is followed by Japan Post with a market capitalization of 4.8 trillion yen.
In recent years, with the advent of Walkman and CD player, Sony's reputation in the international market is also increasing.
In particular, CCD technology was officially commercialized last year, and it won another trump card in the field of image sensing.
The market value of Shirakawa Electric is rising, and Sony will naturally not stand still.
Even with the gradual commercialization of its various technical achievements, this pace will be faster and faster.
It is foreseeable that with the development of telecommunication network technology in the future, the traditional industry will gradually be replaced by the new electronic technology industry.
This is also evidenced by the market capitalization ranking of the top 100 neon, from Sony to Honda Motor, Panasonic, Nissan Motor, Toshiba, three of the bottom five of the top 10 are electronic technology companies.
It was also from here that the competition for the ranking of the list became fierce in vain.
Often, the difference in market value between the former and the latter companies is no more than 100 billion yen.
Shirakawa Electric also ranked 19th on the list with a market value of 2.68 trillion yen.
The former is Mitsui & Co. with 2.78 trillion yen, and the latter is Mitsubishi Corporation with 2.66 trillion yen.
This ranking is right on the tail of the top 20, and it barely appears in the column highlighted by the Financial Daily.
However, although in the top 20, Shirakawa Electric is the last in the electronics manufacturing industry.
But for a company that's been around for less than four years, that's a miracle.
What is the concept of the top 20 in the entire neon ranking, which is a proper giant enterprise for ordinary people.
Look at what monsters the top 20 on the list are, either the giants of the automotive industry or the public utilities with a monopoly position.
The rest are also affiliated companies of several major chaebols, such as Mitsubishi, Mitsui, and Sumitomo.
As for the electronic manufacturing enterprises ranking relatively low in the list, it is because the entire neon electronic technology industry is now moving forward collectively and has not yet reached the peak.
The mid-to-early 80s was definitely a golden age for the electronics and automotive industries.
Shirakawa Electric can be among the top 20, more or less the reason for eating these dividends.
Of course, being able to enter the top 20 does not mean that Shirakawa Electric is the top 20 of the richest enterprises in Neon.
You must know that those chaebols have a lot of sub-clubs or affiliated clubs, which are also on the list.
If they were to be brought together as a whole, perhaps there would be nothing to do with Toyota in the first place.
However, although this ranking does not represent comprehensive strength, it is at least a reflection of corporate value.
Among those enterprises that have been established for decades, Shirakawa Electric has a history of less than four years, which is particularly eye-catching.
The Financial Daily even directly used "attacking Shirakawa" to describe the performance of Shirakawa Electric in the stock market.
At the same time, the media also spent a lot of time to introduce the development history of Shirakawa Electric in detail, and there are countless reporters who want to interview Shirakawa Kaede.
But by this time, he had already flown to the other side of the ocean, and those who wanted to meet him were destined to pounce.
The main purpose of Shirakawa Kaede's visit to Beimi this time was to negotiate with IBM about the standardization of optical drives in the future.
Because IBM's headquarters are located in New York, his first stop at Beimi was directly in this East Coast city.
Previously, IBM sent out invitations to more than 300 computer-related manufacturers around the world, and finally gathered in New York on May 3.
As the host, IBM deserved to chair the meeting. Sony, Philips, and Shirakawa Electric are responsible for assisting.
The purpose is to unify the various specifications of optical drives and computers in the future, and at the same time to establish a patent system for optical drives.
After all, I took out the technology related to the optical drive and authorized it for you to manufacture, so you should pay a little royalty.
However, Hewlett-Packard and Wang An Computer are a little unhappy, as the existence of the computer market is second only to IBM, how can I pay patent fees to my competitors?
So they just wanted to raise their hands to object, but they were glared back by IBM.
How dare you two question my decision? Believe it or not, IBM will convince the CD Trio to cancel your patent license.
HP and Wang An Computer were annoyed and asked loudly, can you do whatever you want with technology?
Sony, Philips, and Shirakawa stood behind IBM with a meaningful smile.
Hehe, there is technology that can indeed do whatever you want.
Hewlett-Packard and Wang An Computer puffed out their eyes and stumbled, but finally succumbed to IBM's obscenity.
The optical drive is indeed a good thing, and after the IBM mainframe was equipped with the optical drive in the first two months, it quickly became a hot commodity for major companies.
Although this thing does not support writing data by itself for the time being, it is much more convenient than a hard disk or floppy disk.
Especially next year, the three led by Sony will soon launch consumer-grade disc burners.
At that time, the market for optical drives must have been much larger than now, and under the temptation of profits, HP and Wang An computers silently bowed their heads and became smaller.
And Texas Instruments, which was slow to clap his hands and just raised halfway, also quietly retracted his movements.
cough~ Forget it, computers are not Deyi's main business, let's take a look at the excitement.
The high-spirited IBM drew his sword and looked around, and after seeing that there was no opponent, he pressed his hands flat and motioned for everyone to sit down.
Harmony makes money~
In the end, under the unanimous agreement of all participants at the conference, IBM worked with several CD Technology Alliance members to unify the various standards of optical drives.
At the same time, optical drives are also open to third-party computer parts manufacturers, and everyone is working together to promote the popularization of optical disc storage.
In terms of patent fees, manufacturers are required to pay a licensing fee of $25 to the patent union for each optical drive manufactured.
The $25 was divided among the sponsors of the meeting in a certain proportion.
Among them, Shirakawa Electric received 7 US dollars, and IBM, Sony, Philips, Microsoft and several other companies split the remaining 18 US dollars.
So far, the technical standards of the first generation of optical drives have been officially recognized by computer manufacturers around the world.
In the next few years, everyone will abide by this treaty and carry out activities in the field of optical drive technology and marketing.
As for the subsequent standard supplement of optical drives with the advancement of technology, we can only wait for the next meeting.
Of course, this patent licensing fee is not static, and it will be constantly adjusted with the convening of subsequent meetings.
And as the meeting ended, Shirakawa Kaede was trying to talk to someone from Microsoft, but someone found him first.
(End of chapter)