Entertainment: Little ancestor, you really killed my sister

“Mr. Fan is right. The topic of today’s shareholders’ meeting is to add new shareholders.

Fang Yuan looked at Yang Tianzhen and said,”Next, please let Mr. Yang introduce the business situation of Huamei since its establishment.”

“OK, Mr. Fang.”

Yang Tianzhen stood up and walked to the other side of the long table, playing the PPT and explaining with pictures and texts.

“Sister Xun, Sister Bingbing, President Li, Yifei, and all Huamei shareholders”

“Since its establishment on October 2, 2015, Huamei”

“Under the leadership of Mr. Fang and Mr. Fan”

“The company has achieved remarkable results”

“As of now, the company has a total of 118 artists and 3,152 employees.”

“The company’s business covers artist management, film and television production and distribution, music production and distribution, game production and distribution, short videos and other fields”

“From October to now, the company has independently produced two TV series:”The Rise of Phoenixes” and”Story of Yanxi Palace”.》”

“Two movies: The Richest Man in Xihong City and Dying to Survive》”

“Two variety shows:”Produce 101″ and”Idol Producer”》”

“Two games:”Honor of Kings” and”PlayerUnknown’s Battlegrounds”》”

“Produced and released 52 music works”

“Two of the TV series are currently being filmed, and two movies will be released during the Spring Festival.”

“Two variety shows have ended, and two games have been launched”

“The specific revenue situation is as follows”

“Artist management: 458 million”

“TV series: 175 million (ad placement)”

“Movies: 182 million (ad placement)”

“Music: 221 million”

“Variety shows: 1.266 billion”

“Game: 606 million in the first hour of launch yesterday, and a total of 1.853 billion before 12 noon today”

“Douyin business port: 23.94”

……

Looking at the detailed report on the PPT and listening to Yang Tianzhen’s endless report, everyone except Fang Yuan was dumbfounded.

“In summary, Huamei’s total revenue since its establishment has totaled 6.737 billion.”

Yang Tianzhen’s voice was trembling when he talked about these figures:”When I reported to Mr. Fang and Mr. Fan the day before yesterday afternoon, the revenue figure was 3.677 billion. In the past two days, it has increased by more than 3 billion.”

“The revenue is mainly from the game release, the two variety show finals, the explosion of Douyin during the Spring Festival holiday, and the collection of all business channels.”

“The gross profit margins of Huamei’s various business units range from 78% to 26%.”

“Among them, the gross profit margin of games is the highest, and the gross profit margin of artist brokerage is the lowest”

“On average, Huamei’s gross profit margin is 64.53%, which is at the pyramid level in the industry.”

“The above is the operating data of Huamei since its establishment. Thank you for listening.”

Yang Tianzhen looked at Fang Yuan:”Mr. Fang, is there anything else you need to introduce?”

“According to Huamei’s current revenue, the valuation is far more than 10 billion, right?” Fang Yuan asked

“Yes, there are many ways to calculate company valuation. According to the simplest calculation method, company valuation is about 3 to 10 times gross profit. The higher the profit margin, the higher the valuation multiple.”

Yang Tianzhen replied seriously:”Our Huamei gross profit in the past four months is 4.3 billion. Conservatively predicted, the annual gross profit is 10 billion. Calculated at 5 times the valuation, that is 50 billion.”

Boom.———

The whole audience was shocked!

Ni Ni:”What’s the valuation? 50 billion?”

Nazha:”No way! Did I hear it right?”

Zhang Bichen:”Then my shares are worth hundreds of millions now!”

Qin Lan:”Oh my God… Is it so scary?”

Reba:”50 billion… It’s more than half of Huayi.……”

Deng Ziqi:”Oh my god… is it really that high?”

Li Bingbing:”Tianzhen… you didn’t calculate it wrong, did you?……”

Zhou Xun:”I have no idea about numbers… Is 50 billion an exaggeration?”

Li Xue shook his head in astonishment:”Tianzhen is not exaggerating… On the contrary, it is very conservative.…”

“My Hesong Media’s annual turnover is only over 600 million…Annual profit…Forget it…I’m sorry to say…I’m not qualified to compare with Huamei……”

“Let’s compare Huayi and Huamei.”

“Huayi is a listed company and its financial reports are open to the public.”

“If I remember correctly, in 2015, Huayi Group’s own business revenue was more than 5 billion, and including the revenue from investments in other companies, it was nearly 10 billion.”

“However, Huayi’s market value is as high as 90 billion.” (To read the exciting novels, go to Feilu Novel Network!)

“The market value is 9 times the revenue. I mean revenue, not gross profit.”

“The reason why Huayi has such a high market value is that in addition to its own strong strength, more importantly, it has the support of the three pillars of Ali, Penguin and Ping An.”

“If the three pillars are removed, Huayi’s market value will be at most more than 40 billion.”

“Before the three horse carriages acquired shares in Huayi in 2013”

“Huayi’s market value is only over 30 billion”[]

“Compare it to Ali, whose market value is 1.5 trillion yuan and whose revenue last year seemed to be about 80 billion yuan, so its market value is 18 times its revenue.”

“Tianzhen only calculated its valuation based on 5 times Huamei’s gross profit.”

“Do you think it’s still exaggerated now? It’s very conservative, okay?”

After Li Xue’s analysis,

Yang Mi nodded in astonishment:”I am the president of Jiaxing… I am very clear about the company’s financial statements… President Yang and Sister Xue are right.……”

Fan Ye turned around and looked at Fang Yuan in surprise:”Little ancestor…is our Huamei really that powerful?”

“It’s just so-so. Didn’t I say at the opening ceremony of Huamei that Huamei’s goal is to become a Fortune 500 company with a market value of one trillion in three years? This is just the beginning.

Fang Yuan took a sip of tea.

“Shit… You feel uncomfortable if you don’t pretend, right?”

Fan Ye loves Fang Yuan even more.

Fang Yuan’s net worth has long surpassed hers.

Now he is even more outstanding.

As I said before.

Human nature is strong.

Only the emperor can conquer the queen.

At this moment, Fang Yuan is no longer the little artist he used to be, but a powerful capital.

This king conquered Fan Ye and she had nothing to say.

“Sister Tianzhen, please come back and sit down.

Fang Yuan glanced at the sisters Zhou Xun and Li Bingbing.

“Sister Xun, Sister Bingbing, Sister Xue, you all know about Huamei’s business situation, so may I ask, are you willing to join Huamei?”

The three looked at each other. They exchanged glances.

Master Zhou was the first to express his excitement:”I am willing! You are giving me money! Who wouldn’t want to? I want to join Huamei with my studio!”

In his previous life, Zhou Xun co-founded Dongshen Culture Agency with Chen Kun in 2017.

Now it is his own studio.

“Okay, welcome, Sister Xun. Everyone, give her a round of applause.

Fang Yuan clapped his hands.

Clap, clap, clap, clap…

The other shareholders all looked dazed when they applauded.

“Where are Sister Bingbing and Sister Xue?”

Fang Yuan looked at the two of them and said,”I invited you when the Golden Rooster and Hundred Flowers Film Festival was held. Sister Tianzhen also helped persuade you. Sister Xue felt that Huamei is a startup company with an unknown future. You need to see the reality. Is it realistic enough now?”

“enough……”

Li Xing regretted,”I am so ashamed… I didn’t recognize the great man… If I had merged with Huamei at that time… my net worth would have increased several times.……”

“It’s not too late now. If you don’t get on the bus, it will be too late.”

“Mr. Fang… I want to ask you a question… According to Huamei’s current development momentum and capital reserves… there is absolutely no need to attract further investment… Why do you still want to bring us in?”

“Good question, let President Fan answer this question.

Fang Yuan wanted to let Fan Ye show her abilities.

Otherwise, she would feel ignored.

After all, she is the president of Huamei.

She should have some authority.