The Richest Man Starts From Falling In Love

After Christmas, New Year's Day is coming soon.

The company's new year's annual meeting celebration has been led by the president's office and has been in preparation for a long time.

When the meeting was held last year, the company had not yet been listed, and was not yet so rich, but it had already been established so grandly, no less than the first-tier companies in the industry.

This year, as a listed company, it is natural to have the brand of a listed company.

According to the normal financial cycle, the financial report for this year should be announced around March next year. However, some internal statistics have already come out.

Chu Yao also gave a simple hug.

The company's current market value: 632.7 billion.

Compared with the beginning of the listing, this number has been inflated. In less than a year, it has increased several times. For more than half a year, it has been the prince charming in the capital market.

There are many reasons.

First, the company is now in a period of rapid growth, a key node in the transformation from Meiye e-commerce to diversified e-commerce, and there is a lot of room for market imagination.

The layout of other Pan-American businesses that can be chained offline, such as fitness and hairdressing, which Chu Yao explained before, is also being implemented step by step, and the results are not bad.

In addition, in other areas, such as the offline layout of second- and third-tier cities, and other e-commerce supporting services, they have begun to exert their strength.

This is the internal strength of the enterprise.

Although it will not get a good return on capital in the short term, in the long run, it will greatly widen the moat and development space.

Moreover, in addition to these, the company's financial reports in the Q2 and Q3 quarters are extremely impressive, with revenue and profits soaring all the way, and there is no decline.

Second, their own operations in the capital market.

Although the securities market has various restrictions on company operators speculating their own stocks, there are always means to operate within the scope of procedural compliance.

Under Wen Ji's control, the trend has been soaring all the way to the sky, and it has always been rising high, and has never turned around.

Third, all the way down, stockholders followed suit, so the balloon got bigger and bigger, forming a plate as big as it is now.

still alright.

There is still room to rise.

Number of employees: 12134.

Unknowingly, it has become a large enterprise with more than 10,000 people.

This scale is naturally due to the fact that the company is in a rising period and has a huge demand for talents, and it has spread its branches and leaves for large-scale offline deployment.

Annual revenue: From January to mid-December, the annual revenue is 48 billion.

This number surprised Chu Yao quite a bit.

There are so many?

After carefully reading the financial report, I realized that this is the total amount of the online platform plus all Huami outlets.

The net profit was 2.4 billion.

However, even so, this number still shocked Chu Yao a little.

This year, after investing a lot of money and spending a lot of money, Chu Yao always felt that the company should be in a financial loss.

After all, the money was spent, to acquire assets and expand the scale.

But I didn't expect it to fall so much.

This is a bit abnormal.

Chu Yao instinctively felt that something was wrong, but he was not very proficient in finance, so he couldn't see anything for the time being.

So, while I was free, I went to the office and chatted with Jiang Zhenhua about it.

what's the situation?

Lao Jiang, as the direct manager, must be very clear about the detailed data of the company's internal operations.

After listening to Chu Yao's doubts, Jiang Zhenhua looked at him with a smile, slightly cute, with the look of I did a good job, come and praise me.

Chu Yao was speechless for a moment.

And he quickly explained: Most of this part of the money is actually the merchant's deposit, the consumer's advance payment, the agent's franchise fee, and the seller's traffic commission.

Our current scale is second only to Taoxi, JD.com, and Pinduoduo. It is the fourth pole of e-commerce. In fact, this saying has already spread. The company is transforming from a mall to a platform. These are new The profit point, the various profit concessions to suppliers in the early stage, and now part of the authority has been recovered.

In addition, for the management of suppliers and agents, the threshold is also raised accordingly, and management is strengthened. On the consumer side, with the improvement of brand value and the use of big data technology, the unit price of customers has also increased accordingly.

Listening to this and looking at the beaming Jiang Zhenhua, Chu Yao was speechless for a moment.

very strange.

He obviously made money, but why did he seem to have lost money?

Not only not happy, but inexplicably unhappy?

The core meaning of what Lao Jiang said is one-our basic market has stabilized and we can squeeze wool.

The platform, relying on traffic to order everything, eats buyers and eats sellers, and anyone who passes through my site has to pay to me.

Thinking of this, Chu Yao took a deep breath.

In fact, it is very clear in my heart that all of this is the inevitable consequence of the development of the platform to a certain extent.

All purposes of capital are ultimately for their own multiplication.

And an organization, a company, even if it still has ideal elements at the beginning, as it develops step by step, this bloodline will inevitably be diluted until it is completely focused on money.

In particular, after the company goes public, it will become a public company, and the operator must be responsible to all shareholders.

Is there any complaint from the supplier?

Chu Yao was silent for a moment, and asked.

Jiang Zhenhua didn't discover Chu Yao's true state of mind at all, but felt that he was more serious now, and his emotions and anger were invisible.

He smiled and said: Mr. Chu, please rest assured that our prices have been carefully calculated by the technical and financial departments. There are two core elements. First, they must be lower than their peers. Second, we must ensure that they earn more than before.

Although the rate has increased, the traffic has also increased, selling more, earning more, and paying more.

For us and the merchants, it is both beneficial.

Chu Yao nodded silently again.

For a while, I really didn't know what to say.

There is nothing wrong with that.

Nothing wrong with it.

After thinking for a while, Chu Yao pointed to a line of figures on the financial statement. This line of figures is the average salary of employees, which is a bit lower than the level of the same period last year, about 8% lower.

What's going on here?

Judging from the financial report alone, there is really nothing to see.

Chu Yao was also puzzled about this.

Even though the company has made money, why do employees pay less?

There are several reasons for this.

First, the company's layout in sinking cities recruits a large number of employees in the second, third and fourth tiers. According to the local average salary, add a coefficient of 10%-30% as their salary level. There must be a gap compared with the first-tier. It is reflected in the average salary. , it’s a little less.”

Second, we optimized the team configuration. Some older employees with high salary packages were optimized out of the team to make way for young people. This is also an industry practice, and it can also keep the company's internal vitality and talent flow .”

Third, for some basic positions, they are basically outsourced now, which saves a lot of cost.

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