The Rebirth of Wealth
Chapter 588: 0 billion net worth VS board (5000 words
After a while.
meeting room.
As the first meeting in 2007, the meeting started, the first thing to report is naturally the results.
Liu Hongmei prepared a thick stack of documents in front of him. At the beginning of the meeting, Li Dong said: "Director Liu will first report to everyone the results achieved in 2006."
Liu Hongmei nodded and got up: "While reporting the results of 2006, I will first give you some information about the situation at the end of 2005."
"As of December 31, 2005, there were a total of 70 stores under Yuanfang, as well as a piece of land in Yuanfang Building and a piece of land in the distribution center.
In addition to these, there was almost no penny of working capital at the time, and liabilities of up to 300 million. "
Liu Hongmei paused here, and the old employees knew all these things.
But Yuan Chengdao and Wu Shengnan, the new seniors who joined this year, have some understanding before, but they are not so clear.
When Liu Hongmei arrived here, a lot of surprise appeared in the eyes of many people.
At this time last year, there were only 70 stores and two parcels of land under the distance?
Not waiting for them to digest the news, Liu Hongmei continued: "At that time, the outside world's valuation of the distant place was about one billion. In fact, except for Baidu stock in the hands of General Manager Li, the distant market value is about five or six billion.
"Five or six billion!"
Many new directors were shocked this time, especially Ke Long's general manager was sighed with emotion.
Isn't it that, at this time last year, the distance may not be large yet?
But this is only one year, what is the distance now, but it is about to surpass, or has surpassed Longhua Group's first Jiangbei private enterprise.
This is only one year, the span is too big.
With emotion, shock, and incredible, these expressions should not appear on the faces of distant high-level people, but everyone is really surprised, not pretentious.
Even a lot of old employees from far away feel a little weird, let alone those new employees who are new to the job soon.
After the situation in 2005, Liu Hongmei then began to 2006.
"As of yesterday, that is, December 31, 2006, there are four subsidiaries and five provincial-level subsidiaries of Yuanfang.
The five provincial branches are all branches of Yuanfang Supermarket, namely Yuanfang Times, Yuankelong, Yuanjiang Zhejiang Branch, Yuangan Branch, and Yuanlu Branch.
...
This year's distant sales are as high as 20 billion yuan!
Among them, the turnover of Yuanfang Supermarket reached 16 billion, the sales of Dongyu Real Estate reached 3.8 billion, and the sales of Yuanfang Mall were 200 million.
Because the logistics company has been building and cooperating with mall services, this year's performance is not much, and it is not included for the time being.
In terms of profitability, the supermarket has a high turnover, but for various reasons, and not much profit in the late era, the total profit of the supermarket in 2006 was 1.4 billion.
Dongyu Real Estate, because there are still some houses that have not been sold, the profit will not be too high if the preliminary expenses are eliminated ... "
Liu Hongmei spent a long time and reported a large amount of financial data in the middle.
These people Li Dong listened carefully, and some people took notes.
About halfway through, Li Dong saw Liu Hongmei almost, and said: "Director Liu, make a summary. What is the expenditure this year, how much income, and how high is the value of the distance, how high is the debt, these are out, Let everyone have a count. "
Because the distance is just a private enterprise, and the shareholder is only Li Dong, Liu Dongmei naturally does what Li Dong does.
After Li Dongwan, Liu Hongmei began to summarize.
"In terms of revenue this year ... expenditure ...
Up to now, Yuanfang Supermarket has five branches including Kelong, Shidai, Jiangsu and Zhejiang, with a total market value of about 7 billion.
Dongyu Real Estate, if it does not include green space, the total market value is about 3 billion.
After the acquisition of Greenland, Greenland and Dongyu merged to produce additional effects. If Dongyu Real Estate revalues it, it will be about 6 billion.
Logistics companies, this year added 320 couriers, as well as Jiangsu and Zhejiang distribution centers, with a valuation of about 800 million.
Distant Mall, because the number of registered users exceeded 10 million, and the opening of national channels, conservative estimates, the valuation can reach 1 billion. "
Li Dong calculated: "That is the distance of the industry together now, worth about 15 billion?"
"Almost, even if there is a gap between the upper and lower, it should not be big. But some brand value, because there is no clear estimate for the time being, I will not count it."
Li Dongtou said: "This is not counted first, what about our debt now?"
"There are still 700 million acquisitions and 400 million bank loans on the other side of the era, totaling 1.1 billion.
On the far side of the supermarket, 800 million loans were owed.
Dongyu Real Estate has the largest number here. Before that, you have made a turnover of 2 billion yuan in land and a 950 million yuan acquisition in Longhua. With the acquisition of Greenland, we have to bear their 800 million loans and 200 million projects According to statistics, the total reached almost 4 billion.
Taken together, our debts have reached 6 billion in total. "
"6 billion!"
Many people were shocked, not because they owed too much money, but the value added from afar was too fast this year!
With a market value of 15 billion yuan, the debt is 6 billion, that is, the net assets have reached 9 billion, which is more than ten times a year compared to the 5.6 billion last year, which is too exaggerated.
Everyone was surprised, but not too surprised.
Although the profit of the supermarket this year is only a few billion, the added value is much larger.
After the acquisition of supermarkets such as Times and Kelong, the total value of Yuanfang Supermarket reached 7 billion, and Yuanyuan ’s investment in supermarkets this year is actually not too large, at most around 4 billion.
In supermarkets alone, there is an added value of 3 billion yuan a year.
In addition, malls and logistics companies have at least increased by 1 billion yuan, plus Shen Qian ’s 1 billion yuan, these items have 5 billion.
This year's big profits are in real estate, including Li Dong's previous land acquisition in the new city, and the later development of the two districts, as well as the acquisition of green land, all of which have earned a lot.
Taken together, it seems not so strange that this year's distant net assets reached 9 billion.
"9 billion ..."
Li Dong muttered, excluding Shen Qian ’s 1 billion yuan, that is, the actual net assets in the distance are now around 8 billion yuan.
Does n’t it seem too high?
Compared with those large-scale group companies with hundreds of billions of dollars, there is still a big gap between them in the distance and there is a long way to go.
But to really count, Li Dong's personal assets can almost exceed 10 billion.
After all, he still has more than a billion of funds in the stock market, and Baidu stock pledged to Shen Qian ’s mother. The price of 2 billion is not false.
Although Sun Tao occupies part of the shares in the supermarket, after Li Dong ’s capital increase, Sun Tao will not receive dividends in the next few years, and the shares are not large, which can almost be ignored.
Billionaire, Li Dong is finally worthy of the name.
After walking for a while, Li Dong asked again: "After the acquisition of Greenland this time, the liquidity in the distance has almost been used up by me. Director Liu, you will calculate it for me. Within the next three months, I will pay How much money do I have to pay to fill this hole? "
Liu Hongmei had long expected Li Dong, a character who had to spend money when he had money.
On his first, Liu Hongmei said: "In the next three months, we have to pay all loans and land payments from Dongyu Real Estate, that is, Dongyu's 4 billion yuan must be paid off. As for others, the loans from the supermarket side are repaid. Not too much money, supermarket profits are sufficient to support.
Moreover, the profitability of supermarkets can also meet the development plans of the three provinces to fill the 500 million yuan you have previously allocated in supermarkets.
The other is the mall, which is now partially profitable, and if it is not expanded on a large scale, self-sufficiency is still possible.
Because the logistics side has to meet the needs of the mall, it has to invest part of it, but the remaining money in the previous period will be enough for the next three months. "
"So, the gap is the 4 billion Dongyu Real Estate?"
"Ok."
"I heard how strange it is." Li Dong was a little speechless. "I haven't reacted before. Now, if I paid off the money, wouldn't Dongyu Real Estate have a penny of debt? "
"Correct."
"Is there any real estate company like us in China?"
Wu Shengnan next to him smiled bitterly: "Mr. Li, our company is different. We are unable to do anything because of the trouble of Longhua on the green land. On the Dongyu side, it is because our house has to be pre-sold yet We didn't get much land on the site, so just a few districts are on sale.
You have to comply with the rules, so the money must be taken out, but in this way, Dongyu Real Estate will become the most stable real estate company in China. "
"Real estate companies that do not owe a penny are of course stable!"
Li Dong spit out a sentence, and then said: "4 billion is a lot, do you have any ideas? How do we get this money?"
Wu Shengnan said, "If you don't have anybody else's words, don't you have a 3 billion fund to enter the company in the next few months?"
Others had not received the news before, and when Wu Shengnan mentioned it, many people whispered.
3 billion is not a number. Will the company have 3 billion of capital coming in soon?
Li Dong rolled his eyes, and the woman actually took it seriously!
His 3 billion refers to the money in his stock market, but when can that money reach 3 billion, who can clear it.
Even Li Dong himself can't guarantee it. I'm afraid it will be September by the latest.
At that time, even if money came, it would not solve the urgent need.
He just wanted to deter others, but since Wu Shengnan proposed it, Li Dong had to say: "This money should arrive in June or July, so don't expect it for the time being."
"June or July?"
Everyone was a little disappointed, but soon someone asked: "Mr. Li, can you ask, is this someone wanting to raise funds from afar?"
"Almost, anyway, you will know in a little while. Don't worry about this, I will do it later. But before you continue to think about my problem, what about the 4 billion funding gap?"
"Loan it."
Sun Tao, who has not spoken, said: "Our debt is not too high, especially after paying off the 4 billion, the debt is less than 2 billion, and the market value of the distant place has reached 15 billion. We can borrow another one. Pen money.
I do n’t dare to think about it. I think it ’s easy for about 1 billion, and it does n’t put too much pressure on us. "
Sun Taowan and Wu Shengnan also said: "In addition to loans, we still have a lot of houses in Dongyu. Now the reshuffle of the real estate industry is almost stable, and then the housing market will definitely pick up. According to our estimates, within a month or two, The housing market is stable.
At that time, we can continue the pre-sale. If the remaining houses on Dongyu Real Estate can be sold out, about 1.5 billion will still be raised.
In addition, there is also a district seal on the green land, and some of our original houses are held in the green land. The value of five or six billion yuan is still there. It is not a problem for Dongyu to make up 2 billion. "
"Three months, are you sure?"
Wu Shengnan was a little hesitant at first, but soon he said: "If we make less, we still hope for three months."
Li Dong said without words: "Don't hope, I'm afraid to hear this uncertain answer. If the money can't be raised after three months, I'm pinning my hopes on it again, aren't you pitting me? "
"I promise!" Wu Shengnan said solemnly.
"Thank you for once, that is, you have taken half of it yourself, Sun Tao loan, then try, 1 billion loan down again, that is 3 billion."
Li Dong counted, and was a little relaxed: "The funding gap is already at 1 billion. I will find a way to do this myself."
Compared to 4 billion, 1 billion is much easier.
Not to mention that Shen Qian is preparing to issue corporate bonds. Even if he fails to issue the bonds after three months, he can still cash out 1 billion in the stock market.
However, it cannot be completely relaxed. Although Wu Shengnan promised, who knows if there will be a sudden situation.
Once Wu Shengnan's house cannot be sold, the gap will be larger, and he still has to prepare a preliminary plan.
After discussing the matter of money, everyone then reported the status of the company.
Wang Yue and Yuan Chengdao also reported on the current market development. At present, it seems that Jiangsu and Zhejiang have made the fastest progress.
At present, Wang Yue has reached an agreement with the government, and has already won some stores suitable for distant places. According to Wang Yue ’s estimation, in April and May, Jiangsu and Zhejiang should be able to see some stores in distant supermarkets.
Next is the province of Shandong where Yuan Chengdao is in charge. The situation here is not bad, and the whole plan can be finalized before the new year.
When the spring of next year starts, the branch plan can be launched, and in June, Shandong Province should also be able to see distant stores.
The only thing that disappointed Li Dong was the Gan side. Although Kelong sent three groups of people over, the progress was still much slower.
Responsible for this is Wu Bo, the new general manager of Kelong Supermarket, who was named by Li Dong. Wu Bo, who entered the high-level meeting for the first time, was a little nervous and trembling: "General Li, mainly because the market environment in Gansu is not so good Well, especially the competitors boycott us.
Headed by the local Hongkelong in Gan province, Hongkelong has been based in Gan province for many years and has occupied about 50% of the market in Gan province.
We entered the province of Gan from afar, and they carried out destruction in many ways, so the progress was much slower. "
"Hong Kelong?"
Hearing this supermarket, Li Dong narrowed his eyes. If he remembered correctly, this supermarket should be acquired by China Resources after a few years.
China Resources chose to buy, on the one hand, it must be that the other party has this value.
But on the other hand, it can also be seen that China Resources itself has definitely failed to enter the Gan province market, otherwise it will not choose to acquire Hongkelong until 11 years.
It seems that Hong Kelong has strength, otherwise it will not be able to resist other retail enterprises to enter the Gansu market.
Li Dong did n’t blame Wu Bo very much, but just told him: “That ’s slow, the progress slowed down, but there ca n’t be no progress. Lu province and Jiangsu and Zhejiang are not without competitors. Do it well?
In the end, I still have no intentions. I will give you time here in Gan province, but there is no progress. I may choose to change coaches. "
Wu Bo's face changed slightly, and then he said: "Zong Li is assured that I will redeploy when I go back."
"Well, don't put too much pressure on it, do it well."
Li Dongwan asked other people, "Do you have any questions?"
Everyone shook their heads, Li Dong smiled: "Since you are all right, then I will next some time, what I want to do."
"Today I have only three arrangements before the end of the year.
First, the annual meeting.
This year's annual meeting is scheduled for January 26, and relevant departments are making preparations. This is the first time that the annual meeting will be held in our headquarters. I hope it will be a lively one.
After all, the company achieved no results in 2006, the more lively the better.
Second, the company will soon prepare to issue a batch of corporate bonds.
This is the responsibility of General Manager Shen, and I hope that all departments will cooperate as much as possible. After all, even if the funding gap is filled, if the future wants to develop, the money will still be indispensable.
Third, the company must be restructured into a joint-stock company.
In a joint-stock company, there is one thing that is essential, namely the board of directors.
Although you were called by the chairman of the board, in fact, there is no board of directors in the distance, so in the next time, my main energy will be on the matters prepared by the board of directors.
Who can join the board of directors?
How many people are on the board?
I will arrange these things together ~ www.wuxiaspot.com ~ In addition, some of you may enter the board of directors, I hope everyone can work together to develop the distance! "
After finishing this, Li Dong stood up and said, "This is the meeting today, and the meeting is adjourned."
He picked up the tea cup and left, but the others were moved.
Even if the annual meeting and corporate bonds are gone, the board of directors is closely related to them.
Li Dong wants to set up a board of directors, and some of them will enter, who will enter?
Entering the board of directors, no matter whether Li Dong continues to dictatorship or lay down a batch of rights in the future, it is a symbol of identity and status, as well as essential benefits.
At this moment, everyone's heart could not beat beating.
(To be continued ...)
...
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