Chapter 54 Listing of Pictures
Rich people play not physically, but psychologically!
Li Xianyun doesn't have a good impression of He Ansheng, and if he doesn't play his wife's moral bottom line, he retreats a little.
But think about people automatically putting a green hat on their heads, and the sense of accomplishment is decaying.
So sometimes it's too principled, and it's less fun, or how to say that it's the happiest thing to be forbidden?
But since it's delivered to your door, what's the point if you don't accept it......
Alas! What a contradiction!
Li Xiaoxiao ended up staying with Li Xianyun for three days.
Three days later, Li Xiaoxiao left with a satisfactory answer.
Li Xianyun knew that this farewell should be forever.
The old friends are leaving one by one, but the newcomers are almost no longer filled.
Li Xianyun, who is over thirty years old, has become more and more Buddhist in this regard, for him, to be able to have such a few confidants at the same time, Shen Xue Yilin Meow, and a few confidants can be satisfied in life.
Sun Shi didn't know that she was being ignored again, and she was happily preparing to accept the companies in Beijing and Hong Kong.
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The successful debut of the holographic film has made the name of Yisheng Media officially resounding overseas.
The unique film production model of Yisheng Media is popular all over the world with the help of the vigorous promotion of Baike and other companies.
In just half a month, Li Feng and his team took over more than 20 film and television productions overseas.
The key is all about big productions.
Overseas production is different from domestic production, the procedures are always more troublesome, and the profits of large-scale productions are high, so Li Feng and they focus on large-scale productions.
For this reason, Yisheng Studios is also working at full speed, everyone is in full swing, and there are optimistic estimates that the studio's profit will rush to 20 billion this year.
Li Xianyun basically doesn't care about these now, after the enterprise is formed, it is that each department operates independently, and everyone has a mature process and experience.
More often, Li Xianyun still meets with bigwigs from all walks of life, talks about resource integration, and makes strategic planning.
At the end of June, Yisheng Pictures finally went public.
It generally takes about a year for an enterprise to go public from restructuring to listing.
Among them, it takes about 6 months to plan the restructuring to establish a company limited by shares; It takes about 3 to 4 months for sponsors and other intermediaries to conduct due diligence and prepare application documents; Theoretically, it takes about 3 to 4 months from the CSRC's review to the issuance and listing, so the actual operation time is about 10 months.
Because of the previous merger, Xingsheng Cinema Line has dragged on for some time, and the restructuring of Yisheng Pictures has been completed before Xingsheng is launched, and all preparations have been perfected a long time ago.
In addition, the country is still giving the green light to Yisheng Media, and Yisheng Pictures is also competing for its own performance, so once it starts to go public, the speed is also fast.
This time, it is actually too late to go public, but it is not because the brokerage is not strong, but because the listing party has deliberately delayed - it is to wait for the queen of elegance to go online and create the best IPO conditions!
Therefore, after the queen of elegance became popular, Yisheng Pictures immediately completed the last part and was successfully listed, and Yisheng Pictures was officially renamed Shengyun Pictures, which existed as a completely independent enterprise, and the CEO of Shengyun Pictures was served by Zhu Chen, and owned part of the shares of the film.
At the same time, the original Yisheng Film and Television Business Group was also officially changed to Yisheng Film and Television Supporting Business Group, focusing on the front and back stages, special effects, animation, publicity, etc., Shen Mingzhi and Liu Shuwen continued to be Tang Lei's deputy.
Shengyun Pictures' profit last year was only more than 3 billion, but this year is different, in the land of abundance, pet agents have exploded, and Queen Fengya is even more popular overseas, and it has sold nearly 3 billion meters of gold at the box office in two months, which is already the first in the world, and these three alone have tens of billions of revenues, of course, the part given to Yisheng Studios must be removed, but the actual revenue of Shengyun Pictures will not be less than 6 billion.
Therefore, the scale of the IPO this time is also extraordinarily large, Shengyun Pictures released 30% of the shares, but the scale of the IPO is as high as 72 billion.
Based on the profit of six billion, that is 40 times the PE.
Some enterprises in Huaguo are really daring to ask for the price, what is 20 times? 60 times 70 times dare to scream!
How many times is the specific shareholder, it is expected to look at the shareholder, and the issuer of the stock is to see the degree of confidence and the degree of blackheart.
And this has a lot to do with Li Xianyun.
Ten years have come to this day, and he still holds an absolute large share, and the two horse bosses have not done this, so Li Xianyun has now become a god of management.
The new technology of holographic movies and the double blessing of the god of management, as well as the huge prestige brought by Lin Meow, the "extreme goddess", this market value is not surprising.
So Shengyun Pictures used this series of bombs to inflate the market value of 240 billion as soon as it was listed, surpassing Xingsheng Cinema.
Before Shengyun went public, the film company had the highest market value of Shengda Media, which reached more than 30 billion at its peak, and it also had 20% of the shares of Tongda Cinema Line.
You are a bare-ass company naked, rushing to the market and soaring directly to 240 billion!!
Shengda didn't even get a fraction.
You must know that the total box office of the entire Chinese film market is only 80 billion a year!
The market value of one of your film and television companies is three times that of the entire national box office market, which is simply outrageous.
But that's the stock market!!
The stock market is never about reason, but about trust and pursuit.
Who called our family awesome? The annual profit is as high as six or seven billion, which is enough to buy a small listed company.
With such a high profit, is it 240 billion swelling? Is it swollen?
Boss Li said about this: 40 times the PE is already polite, and it is 60 times more direct for others.
So is Shengyun Pictures worth the money?
Worth!!!
The reason why Shengyun Pictures can sell at such a high valuation is only two factors, one is the ultra-high annual profit, which is its foundation, and the other is its name.
It was only the halo of profits that created a market value of 240 billion.
In order to ensure this market value, it needs to be able to achieve an annual profit of more than 8 billion yuan in the future.
But the truth is that it's hard!
The film and television company itself makes money by doing projects, although there are other aspects of income, but it is not the core.
As a core project, it is difficult for the film itself to be inherited. It's not Coca-Cola, the same product can be sold for decades. It has to keep coming up with new projects, and it has to make sure that the projects make money!
Or make a lot of money!
The reason why there is such a high profit this time is because of the concentrated release - the three major explosions have a profit of 10 billion. And this belongs to the norm of film and television companies, if you amortize the past few years, it is difficult for Shengyun to make a profit of 6 billion a year.
When Tang Lei first took office, he almost lost his hair for the 2 billion bet.
In addition, there are problems with the advantages of Shengyun itself.
Shengyun Pictures originally had three advantages.
The first is low cost. However, the low cost before listing is not the same as after listing. Although the agreement between Shengyun Pictures and Yisheng Studios is 75% of the standard price, there are tricks to be done in practice. In order to make Yisheng Pictures have a better annual profit before going public, a considerable amount of the profits of Yisheng Studios were deducted by increasing operating costs during the actual account sharing, otherwise in the style of Yisheng Studios, your 10 billion profits would be at least 8 billion mine. But there will be no such offer in the future, it is an invisible, invisible expense.
The second is to rely on pet characteristics. But I'm sorry, the pet agent team now belongs to Moe Heart Pictures, and it has nothing to do with Shengyun. Of course, it is no problem for Shengyun to make other pet films in the future, but to make this kind of film, he still has to pay sky-high fees for Yisheng Studios, and the key is that he does not have exclusive privileges.
The third is to rely on the fire of holographic films.
But in terms of holographic films, Shengyun Pictures only has a two-year advantage. Two years later, it will no longer be the monopoly of Shengyun Pictures. At that time, whether Shengyun Pictures can control the annual profit of 60 to 8 billion depends on Zhu Chen's ability - they have finally obtained 70 billion funds, and they should be able to maintain it if they use it well.
In other words, all the funds obtained based on the profit of 6 billion yuan may still maintain this volume.
This is the most ridiculous part!
But none of this has anything to do with Li Xianyun.
Because these are all on the surface, people are just asking for a sky-high price, and if you don't pay back, that's your problem.
So is it possible to continue to make the starting stock price of the right pair bigger?
Absolutely impossible!
Because although Yisheng Media will make every effort to attack overseas in the future, and Shengyun under the leadership of Tang Lei also intends to follow, it is never easy for culture to go to sea, and if you don't do it well, you will lose money.
Even if you earn it, the country across the sea will find you in trouble. Especially in the United States, they will never accept the right to speak, Li Xianyun is hanging in his hands, and he is also doing it through Christina, he is not sure that he will do it himself, and he will have to go to the prison of the rice people.
Therefore, when the bosses IPO, they swore that Huaguo Film and Television would go abroad and go to the world, and the global market would be ours, but in fact, they were all fools - the more they went global, the more difficult and risky they were.
Even if you do, it won't be the shareholders who will benefit – because if you dare to perform well today, the stock price will continue to rise tomorrow.
Today, if you dare to make a profit of 6 billion yuan to achieve a market value of 240 billion, tomorrow if you go abroad to make a profit of 10 billion, the market value will dare to increase to 400 billion yuan - this wave of shareholders is profitable, and the next wave of shareholders is still unlucky!
The only way to be worthy of all shareholders is for the company to always improve and never slip - which is impossible in itself.
The more money you make, the more powerful the myth becomes, and it is not the starting stock price that makes a profit, but the more inflatable the stock price! 40 times may become 60 times.
Therefore, the market value of a company is only worthy of the stock price for a short time, and there is no time for it to be worthy of the stock price - the only way to really be worthy of the stock price is to pay dividends, and a stock market that does not rely on dividends and only grows by price spreads is problematic in itself.
For example, Linglan is like this, after the low point of market value at the beginning of the year, it has now soared all the way and has exceeded 40 billion. In particular, Linglan's holding of Shengyun shares has already blessed Linglan, and now it is worthy of the market value stage, and the next stage may be the vanity stage.
In this regard, all inflated stock prices are ultimately the shareholders' own pot.
People make 100 million yuan, and you have to raise the price to buy stocks at four or five billion yuan, aren't you doing it yourself? If you don't come to a ruthless one, you won't bring it back to the truth.
This is the same as the fact that a brokerage company only has the ability to support one person, but it has to sign 20 people.
No matter how profitable the company is, it has nothing to do with your shareholders, you are leeks!
Shareholders who don't eat dividends will always be leeks!
Of course, stockholders don't actually care about this, what they want is for you to go up for a period of time, and then cash out!
So what Li Xianyun needs to do is to be worthy of this wave of shareholders, as for the next wave of shareholders? What does that have to do with me?
Halo? Hehe, that's for selling money! I didn't sell it before, just because the value was not enough, and if the value was enough, then I would make a move!
Famous enterprises are such things, either they don't pit, and they will kill if they are pitted!
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