Chapter 608: Financial Reports and Crises (2)
As a pioneering new technology company in the Internet field, Igrete has not had a corresponding case before. Therefore, when the earnings report is announced, the media generally evaluates the market value of Egrett according to the profit margins of software companies such as Microsoft and Oracle.
As we all know, the net profit margin of the software industry can generally reach more than 20%.
Egret's annual revenue of $5.41 billion, based on a theoretical net profit of 20%, means that the company already has a $1 billion level of profitability. In the nineties, the profitability of $1 billion was enough to squeeze into the top 20 ranks of American companies, and in the past three years, only about 20 of the top 500 companies in the United States have reached $1 billion in net profit.
Considering that Igrete has maintained a revenue growth rate of 179% in the past year, if the company goes public, a 30 times P/E ratio is already very conservative, even if it is more than enough to IPO at a 50 times P/E ratio.
The potential profitability of $1 billion and a price-to-earnings ratio of 30 to 50 times represent that the market capitalization of Egrett is already in the range of $30 billion to $50 billion. Whether it is the media that is following this matter or the Wall Street capital giants, the valuation of Igrett after the company's 1993 earnings report is generally the same.
At a median value of $40 billion, the total value of Simon's 90 percent stake in Ygrit has reached $36 billion.
On the other hand, according to the shares of Cisco and AOL at the close of trading on March 7, the total value of Simon's shares in the two companies was $65.9 billion.
As a result, it is obvious that just the stake in Cisco, AOL, and Igrete has brought Simon a personal fortune of about $100 billion.
$100 billion!
That figure is already close to Simon's combined personal net worth of $120 billion on the Forbes list last year.
However, the three companies are far from the whole Westeros system.
In the field of technology, Simon is also the majority shareholder of Microsoft, Intel, SUN, Oracle and other companies, and absolutely controls Verizon Telecom and Nokia, two giants in the field of electronic communications.
The other three of the four women, Daenerys, Melisandre, and Cersei all shine in their respective fields.
In addition, there are hundreds of other types of companies that the entire Westeros system directly or indirectly invests in or holds, and no one can guarantee that these companies will one day suddenly transform into giants like Cisco, AOL, and Igret. As Simon Westeros has proven too many times to invest in, it's even almost a necessity.
So, beyond the $100 billion, how much is Simon Westeros' personal assets worth in various other fields?
You know, just Daenerys Entertainment Group, which is about to officially submit its IPO application next month, is rumored to be valued at $40 billion. With the entertainment giant's strength in Hollywood, the market value after listing must be only higher than the valuation.
The remaining two women, Cersei Capital, if the value is estimated, is enough to reach the 10 billion level just for the equity part of Westeros.
After several years of rapid growth and continuous expansion, Melisandre, a comprehensive luxury giant rooted in Europe and with a small presence in North America, has also crossed the threshold of $10 billion in market capitalization by relying on its Gucci, CK, Latour, Christie's, Van Cleef & Arpels and a series of other brands.
Verizon Telecom, wholly owned by Westeros, has a conservative estimate of $15 billion in market capitalization, thanks to strong expansion in the mobile communications sector.
Nokia, which is due to release its 1993 earnings report later in March, had a market capitalization of £8.6 billion, or $13.3 billion, on the London stock market on March 7. Westeros currently owns 78.3% of Nokia, with a total value of $10.4 billion.
That's another $10 billion.
There are also Microsoft and Intel, which are closely following the big three of Cisco, AOL and Igrete in the North American stock market, and Westeros' holdings in Microsoft and Intel have also decreased slightly to 20.7% and 14.5% respectively due to equity changes such as acquisitions.
The market capitalization of the two companies on March 7 was $43.1 billion and $32.9 billion, respectively, and the total value of Simon's stake was $13.7 billion.
Taken together, giants such as Daenerys, Melisandre, Cersei, Verizon, Nokia, Microsoft and Intel are conservatively estimated to contribute another $100 billion to Simon's net worth.
Even if nothing else, according to the data in March 1994, Simon has become the world's first $200 billion billionaire, and is still the world's only billionaire with 100 billion dollars.
As a result, with the recent series of earnings reports triggering the media statistics and exaggeration of Simon's latest personal net worth, as well as the criticism of Simon's personal luxury life in response to the London girl incident, a potential crisis followed.
The key lies in this year's midterm elections.
Entering March, the candidates who will compete for one-third of the Senate seats and all 434 House seats in this year's rotation have entered the early stage of the election campaign.
The topic of Simon and the Westeros system has almost certainly been brought up in election campaigns across the country, fueled by the still-powerful traditional print media industry. Therefore, a similar topic naturally leads to how to restrain Simon Westeros's personal assets from continuing to 'unreasonably' expand, if to limit the continued expansion of the Westeros system.
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As a pioneering new technology company in the Internet field, Igrete has not had a corresponding case before. Therefore, when the earnings report is announced, the media generally evaluates the market value of Egrett according to the profit margins of software companies such as Microsoft and Oracle.
As we all know, the net profit margin of the software industry can generally reach more than 20%.
Egret's annual revenue of $5.41 billion, based on a theoretical net profit of 20%, means that the company already has a $1 billion level of profitability. In the nineties, the profitability of $1 billion was enough to squeeze into the top 20 ranks of American companies, and in the past three years, only about 20 of the top 500 companies in the United States have reached $1 billion in net profit.
Considering that Igrete has maintained a revenue growth rate of 179% in the past year, if the company goes public, a 30 times P/E ratio is already very conservative, even if it is more than enough to IPO at a 50 times P/E ratio.
The potential profitability of $1 billion and a price-to-earnings ratio of 30 to 50 times represent that the market capitalization of Egrett is already in the range of $30 billion to $50 billion. Whether it is the media that is following this matter or the Wall Street capital giants, the valuation of Igrett after the company's 1993 earnings report is generally the same.
At a median value of $40 billion, the total value of Simon's 90 percent stake in Ygrit has reached $36 billion.
On the other hand, according to the shares of Cisco and AOL at the close of trading on March 7, the total value of Simon's shares in the two companies was $65.9 billion.
As a result, it is obvious that just the stake in Cisco, AOL, and Igrete has brought Simon a personal fortune of about $100 billion.
$100 billion!
That figure is already close to Simon's combined personal net worth of $120 billion on the Forbes list last year.
However, the three companies are far from the whole Westeros system.
In the field of technology, Simon is also the majority shareholder of Microsoft, Intel, SUN, Oracle and other companies, and absolutely controls Verizon Telecom and Nokia, two giants in the field of electronic communications.
The other three of the four women, Daenerys, Melisandre, and Cersei all shine in their respective fields.
In addition, there are hundreds of other types of companies that the entire Westeros system directly or indirectly invests in or holds, and no one can guarantee that these companies will one day suddenly transform into giants like Cisco, AOL, and Igret. As Simon Westeros has proven too many times to invest in, it's even almost a necessity.
So, beyond the $100 billion, how much is Simon Westeros' personal assets worth in various other fields?
You know, just Daenerys Entertainment Group, which is about to officially submit its IPO application next month, is rumored to be valued at $40 billion. With the entertainment giant's strength in Hollywood, the market value after listing must be only higher than the valuation.
The remaining two women, Cersei Capital, if the value is estimated, is enough to reach the 10 billion level just for the equity part of Westeros.
After several years of rapid growth and continuous expansion, Melisandre, a comprehensive luxury giant rooted in Europe and with a small presence in North America, has also crossed the threshold of $10 billion in market capitalization by relying on its Gucci, CK, Latour, Christie's, Van Cleef & Arpels and a series of other brands.
Verizon Telecom, wholly owned by Westeros, has a conservative estimate of $15 billion in market capitalization, thanks to strong expansion in the mobile communications sector.
Nokia, which is due to release its 1993 earnings report later in March, had a market capitalization of £8.6 billion, or $13.3 billion, on the London stock market on March 7. Westeros currently owns 78.3% of Nokia, with a total value of $10.4 billion.
That's another $10 billion.
There are also Microsoft and Intel, which are closely following the big three of Cisco, AOL and Igrete in the North American stock market, and Westeros' holdings in Microsoft and Intel have also decreased slightly to 20.7% and 14.5% respectively due to equity changes such as acquisitions.
The market capitalization of the two companies on March 7 was $43.1 billion and $32.9 billion, respectively, and the total value of Simon's stake was $13.7 billion.
Taken together, giants such as Daenerys, Melisandre, Cersei, Verizon, Nokia, Microsoft and Intel are conservatively estimated to contribute another $100 billion to Simon's net worth.
Even if nothing else, according to the data in March 1994, Simon has become the world's first $200 billion billionaire, and is still the world's only billionaire with 100 billion dollars.
As a result, with the recent series of earnings reports triggering the media statistics and exaggeration of Simon's latest personal net worth, as well as the criticism of Simon's personal luxury life in response to the London girl incident, a potential crisis followed.
The key lies in this year's midterm elections.
Entering March, the candidates who will compete for one-third of the Senate seats and all 434 House seats in this year's rotation have entered the early stage of the election campaign.
The topic of Simon and the Westeros system has almost certainly been brought up in election campaigns across the country, fueled by the still-powerful traditional print media industry. Therefore, a similar topic naturally leads to how to restrain Simon Westeros's personal assets from continuing to 'unreasonably' expand, if to limit the continued expansion of the Westeros system.
As a pioneering new technology company in the Internet field, Igrete has not had a corresponding case before. Therefore, when the earnings report is announced, the media generally evaluates the market value of Egrett according to the profit margins of software companies such as Microsoft and Oracle.
As we all know, the net profit margin of the software industry can generally reach more than 20%.
Egret's annual revenue of $5.41 billion, based on a theoretical net profit of 20%, means that the company already has a $1 billion level of profitability. In the nineties, the profitability of $1 billion was enough to squeeze into the top 20 ranks of American companies, and in the past three years, only about 20 of the top 500 companies in the United States have reached $1 billion in net profit.
Considering that Igrete has maintained a revenue growth rate of 179% in the past year, if the company goes public, a 30 times P/E ratio is already very conservative, even if it is more than enough to IPO at a 50 times P/E ratio.
The potential profitability of $1 billion and a price-to-earnings ratio of 30 to 50 times represent that the market capitalization of Egrett is already in the range of $30 billion to $50 billion. Whether it is the media that is following this matter or the Wall Street capital giants, the valuation of Igrett after the company's 1993 earnings report is generally the same.
At a median value of $40 billion, the total value of Simon's 90 percent stake in Ygrit has reached $36 billion.
On the other hand, according to the shares of Cisco and AOL at the close of trading on March 7, the total value of Simon's shares in the two companies was $65.9 billion.
As a result, it is obvious that just the stake in Cisco, AOL, and Igrete has brought Simon a personal fortune of about $100 billion.
$100 billion!
That figure is already close to Simon's combined personal net worth of $120 billion on the Forbes list last year.
However, the three companies are far from the whole Westeros system.
In the field of technology, Simon is also the majority shareholder of Microsoft, Intel, SUN, Oracle and other companies, and absolutely controls Verizon Telecom and Nokia, two giants in the field of electronic communications.
The other three of the four women, Daenerys, Melisandre, and Cersei all shine in their respective fields.
In addition, there are hundreds of other types of companies that the entire Westeros system directly or indirectly invests in or holds, and no one can guarantee that these companies will one day suddenly transform into giants like Cisco, AOL, and Igret. As Simon Westeros has proven too many times to invest in, it's even almost a necessity.
So, beyond the $100 billion, what is the value of Simon Westeros's personal assets in various other fields?
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