my fintech empire.

Chapter 615 [Analyst: Xingyu Technology's target market value is 24479 billion]

As the listing date of Xingyu Technology is getting closer, there are more and more news related to this company.

9月11日周二，消息面上传出星宇科技追加S620芯片处理器的订单量达到了4500万片，更先进的下一代旗舰机所用的S680芯片处理器的订单量达到了惊人的1.5亿片。

Xingyu Technology did not come out to deny it. It is obviously true news, and it can also be indirectly corroborated through the semiconductor supply chain.

Not to mention that this news is spreading wildly, it is also frequently reported by the media and has attracted the attention of the technology circle and the capital market.

Some practitioners in the smartphone industry claimed that his company originally planned to purchase S620 chip processors from Qualcomm, and the talks went quite smoothly, and the products may arrive early next year.

As a result, Qualcomm suddenly said that it would postpone delivery until the second half of next year because of insufficient production capacity.

As soon as this news came out, everyone speculated that it was the result of Xingyu Technology’s large-scale additional orders. No matter how you look at such a large-scale additional order, it means that Xingyu Technology’s S3 smartphone is selling better than everyone expected.

The next-generation product has an additional 1.5 million units. This data is even more shocking. It seems to say that the internal confidence of Xingyu Technology in the fourth-generation product is to sell 1.5 million units.

Good guy!
What followed were speculations from people from all walks of life who followed the news. The hottest prediction was that Xingyu Technology will probably seek internationalization from next year, and the next generation of flagship products will have 1.5 million units. Such a large quantity Certainly cannot be digested in the domestic market.

Although the Greater China market has burst out astonishing consumption potential, and the sales of smartphones have grown explosively, it is impossible to digest 1.5 million units in this market only, because Xingyu Technology STAR series smartphones are not cheap, and the positioning is High-end market.

If it is a low-end market, it is no problem to digest 1.5 million units.

Then there is only one explanation that can make sense. Xingyu Technology is seeking to develop international business. No one in the industry or so-called experts has analyzed that it is to deal with the problem of "fragmentation" of the chip being stuck.

Because in the eyes of many people, especially those who admire Europe and the United States, this is absolutely impossible to happen, and now they are all saying that science has no borders and technology has no borders.

So it is natural to analyze that Xingyu Technology is going to internationalize, open up new markets, sell mobile phones abroad, sell to European and American markets, and start a PK duel with Apple in the international arena.

This also makes many people look forward to it.

At the same time, the capital market is directly excited.

Brokerage research institutions have started to blow up, Xingyu Technology has added 620 million S4500 chip processors and 680 million S1.5 chip processors. This year's performance will definitely exceed expectations.

Next year, it will go international and open up new markets, directly opening up a new space for performance expectations.

Xingyu Technology's performance will inevitably usher in a double explosion. The profit of the STAR series of smartphones is so high, and the sales volume is still so large. This performance must be explosive growth.

Moreover, the proportion of Xingyu Technology's profits in the smartphone industry is constantly increasing, and the future imagination space is extremely attractive.

A brokerage firm preemptively published the latest analysis report of Xingyu Technology.

Based on the recent news, especially the ultra-large-scale procurement of 1.5 million chips is about three to four times that of the past, internationalization is almost a matter of ironclad, otherwise the Greater China market would not be able to absorb such a large amount.

Analysts in the report believe that Xingyu Technology's profit in 2013 next year is expected to increase by more than +450%, and the net profit scale in 2013 is expected to reach more than 800 billion.

The analyst believes that the market value of Xingyu Technology next year will surpass that of Zhongyou Petroleum, and the probability of being the first listed company in A-share market value is more than 90%.

Among the listed companies in the A-share market, Zhongyou Petroleum has the largest market capitalization of more than 1.6 trillion yuan.

It is worth mentioning that Zhongyou Petroleum was listed in November 2007, with an opening price of 11 yuan, and the market was boiling. At that time, Zhongyou Petroleum's market value was as high as 48.6 trillion yuan, ranking first in the world at that time.

Brokerage analysts not only believe that Xingyu Technology’s listing will surpass Zhongyou Petroleum to become the number one A-share market by value, but their target price is 8.89 yuan per share, and the target market value is 2 billion yuan.

This research report was also circulated wildly in the circle of stockholders, causing heated discussions.

[A brokerage analyst expects Xingyu Technology to see 2.4 trillion yuan next year? ]
[Crazy? ]
[According to the target market value given by the so-called analyst, Xingyu Technology's issue price ranges from 2.54 yuan to 8.89 yuan, with a cumulative increase of +250%...]
[Haha, 250, this analyst has something. ]
[On purpose?die laughing...]
[There are also zeros and wholes with decimal points, which looks very professional. ]
[Whoever believes it is just like a leek, think about Zhongyou back then. ]
[Experts said before Zhongyou Petroleum went public: if you buy Zhongyou Petroleum, you don’t have to worry about food and clothing.I just want to say after I went public until now: I ask you how much you can worry, it’s like buying Zhongyou Petroleum with a full warehouse...]
[I think Xingyu Technology is still different. First of all, the industry is different. The market value of the issuance is set at 7000 billion. It seemed very high before, but now it seems that it is really not high, and it may even be low. ]
[The analyst's target price may be a bit outrageous, but I think the expected profit of 800 billion next year is promising. It is a fact that Xingyu Technology madly placed an order of 1.5 million pieces. Internationalization should only wait for the official announcement, otherwise it will not be possible. It is possible to buy so many chips, is it possible to buy them and store them?Obviously impossible. ]
[Purchase 1.5 million pieces, that is to say, Xingyu Technology's fourth-generation product will mass-produce 1.5 million units, even if it sells 1 million units, the profit should be 800 billion, right?With a little less R&D investment, profits will come out. ]
[If it is calculated based on the net profit of 800 billion, and the market value of the issued market value of Xingyu Technology is 7000 billion, then the price-earnings ratio is not 45 times, and it directly drops to 8.75 times. Also only 500 times. ]
[Such a calculation, what the hell?With such a low price-earnings ratio of Xingyu Technology, why do I suddenly feel that the analyst does not seem to overestimate it? If calculated according to the net interest rate of 800 billion, even if the market value reaches 24479 billion, the corresponding price-earnings ratio is only in the early 30s. ]
[The premise is that Xingyu Technology's performance next year will really explode, which is now expected. ]
[Next year’s net profit of 500 billion will definitely be there. Think about the additional 4500 million pieces of S620, and the current S3 is still selling well. This company is definitely not Zhongyou. ]
[No matter what, I think Xingyu Technology can definitely buy it with a market value of one trillion yuan. ]
……

A research report by a securities company triggered competing analysis and discussions among hundreds of millions of shareholders of Big A. Some people thought it was overestimated, while others thought it was not overestimated.

In short, the differences are very large.

When it was revealed for the first time that Xingyu Technology’s IPO market value was set at 7000 billion yuan, investors were dumbfounded, and almost unanimously believed that it was seriously overvalued and would not give a premium to the secondary market at all.

But today, with the sale of the S3 mobile phone, especially the crazy increase in chip orders from Xingyu Technology in the past two days, it has aroused the imagination of the capital market, and the expectation of business internationalization has opened up a wider market for the market. Big room for imagination.

The market value of the issue is 7000 billion, and now everyone thinks it is very reasonable and not overestimated.

What everyone is arguing about is how high the upper limit of Xingyu Technology is, which is very different.

However, there is one point of disagreement among the stockholders. Xingyu Technology has a market value of 7000 billion yuan. As long as it wins the new lottery, it will definitely make money steadily. Many people worried that the listing would break the stock, but now no one believes it.

……

(End of this chapter)