You are worth tens of billions before you come to the system?

Chapter 78 Deep Development

Liu Shifan was surprised: "The Military Supplies Department also needs it?"

"It should have an effect on physical training."

Lin Zitai also recently learned that Mojin can effectively protect the cardiovascular system during high-intensity training and avoid overload, which can lead to sudden shock and death.

But when I thought about it, it wasn't surprising. Mojin was originally looking for health drinks, so it's normal to have this kind of effect.

It's just that this project has not been finalized yet. It is probably not the Ministry of Munitions' contribution, but probably the new slow-grain drug.

Liu Shifan urged: "Zitai, we must strive for this cooperation."

Any product related to the military can almost be sold sideways in the country.

Lin Zitai smiled and said, "I understand."

With more than 200 million troops, one can per person per day can earn a small billion a year. Although the Military Supplies Department has high requirements, it also has deep pockets. Once confirmed, it will be a long-term order for more than five years.

What's more, as long as you have a relationship with them, there are many hidden benefits and policy preferences.

No need to ask, Lin Zitai knew what to do.

On November 11, Lin Zitai led his team to charter a China Southern Airlines plane to Pengcheng.

Song Xiangyang came to pick him up. He was originally an entrepreneur from Pengcheng, backed by Shenzhen Development Bank and now Ping An Group.

Four or five years ago, I was no longer satisfied with developing in the Pearl River Delta and began to move north. It was also at that time that I met Lin Zitai.

"Mr. Lin, long time no see. I miss you so much."

Song Xiangyang smiled and invited Lin Zitai into the car to talk in detail. A modified Alfa had a lot of space and could stand and walk in the car.

"Mr. Song, I'm sorry to trouble you."

Lin Zitai called Su Jiayue and told her a few words. Liu Xiaojun and Mo Wenzhi followed behind on the bus.

Song Xiangyang's face was full of joy and he smiled brightly: "Mr. Lin, from now on we are all a family. Talking about trouble would be too outsider."

Jiahua Capital holds 25% of Dongpeng's shares, which will probably replace about 3.75% of Mojin's shares after the merger.

In the financing three days later, another 3% share was obtained. After the financing, the shareholding was diluted to 6.37%, making him the second shareholder after Lin Zitai.

Looking at it now, K. Wah Capital's investment in Dongpeng seems to be a loss, but when Mojin Beverage goes on the market, it can turn losses into profits in an instant and make a lot of money.

Mojin is the biggest winner, followed by Jiahua, who have basically done nothing and got such a big deal for nothing.

He can wake up laughing from his dreams at night.

"Since we are a family, I won't be polite."

Lin Zitai smiled and asked directly: "I want to know how much water was added to Dongpeng Group's second quarter financial report?"

The second quarter is from the beginning of April to the end of June, which coincides with the completion of three rounds of financing by Dongpeng and the beginning of preparations for listing.

According to the financial report, quarterly sales were 21 billion, with a net profit margin of 35% and a market share of 42.52%.

This financial report is quite eye-catching, otherwise the valuation would not exceed ten times the price-earnings ratio, reaching 198 billion.

The valuation of a company is closely related to the price-to-earnings ratio. Ten times is a limit, and twenty times is another limit.

About five times is the price-to-earnings ratio of the physical manufacturing industry, and more than ten times is basically the treatment that only Internet companies can get.

The price-to-earnings ratio can also be seen as a company's potential. Mojin's valuation is US$20 billion, and its price-to-earnings ratio is only 17 times.

The reason why Mojin has such a high price-to-earnings ratio is mainly due to the superposition of many factors such as Lin Zitai, the acquisition of Dongpeng, and cooperation with Samsung Group.

Why does Dongpeng have a price-to-earnings ratio of 11.2 times? If it were not mixed with water, Lin Zitai would not believe it even if he killed Lin Muqing.

"Mr. Lin, you are always so quick to talk."

Song Xiangyang didn't know whether to laugh or cry. He paused and said, "The real situation should be reduced by about 15%."

"Only 15%?"

Lin Zitai frowned and expressed doubt.Not too much, but too little.

It is common for A-share companies to falsely report by 100% or 200%.
Dongpeng only falsely reported 15%, is it so honest?

If it is only 15%, how can it achieve such a high price-to-earnings ratio?

"Really, after all, Dongpeng is planning to go public. If too much water is added, the China Securities Regulatory Commission will not pass."

Song Xiangyang sounded very confident, because Dongpeng's second quarter financial report was produced with the help of Jiahua Capital.

The China Securities Regulatory Commission is not a fool. If the financial report is too fake, it will be easily audited. If the listing is postponed, the gain will outweigh the loss.

There will be plenty of opportunities to fool around in the future. There is no need to miss the opportunity to go public just because of a small profit in front of you.

Lin Zitai pondered for a moment: "So, there is nothing wrong with the financial information Mr. Lin sent us."

He took a look at Dongpeng's assets last night. The current liabilities are 38 billion, and the liquidity on the account is about 8.8 million.

The debt is so low mainly because it is preparing for listing. It had already been liquidated once as early as the end of last year.

The company originally had 12.6 billion in funds on its books, but in order to repurchase shares these days, Lin Muqing used 3.8 million, at a premium of 15%, to buy them from some stock-holding executives in the company.

These shares were originally a reward for the company's senior executives. After so many years together, when a company is going to be listed, of course the whole world must celebrate it, live in wealth and honor, and never forget each other.

But now there is no hope of going public, and even the company will be acquired. Lin Muqing can stay and take charge of the overall situation, but they may not be kept.

Providing some money to repurchase their shares can be regarded as an explanation to them, and it is worth working together for many years.

Lin Zitai saw it, but didn't say anything.

The contract has not been signed yet, and Lin Muqing still has the final say in Dongpeng now, so it is good to be affectionate and righteous.

"It's definitely no problem. If Dongpeng wants to cheat, none of us in Jiahua will agree."

Song Xiangyang decisively stated his attitude. Although he had cooperated with Dongpeng for seven or eight years and had some feelings for him, feelings were not as important as money.

He has now regarded himself as the second largest shareholder of Mojin. Anyone who has trouble with Mojin is also at odds with them.

Lin Zitai is not surprised, capital is all about profit, and having breasts is a mother.

Suddenly it occurred to him that he was still a pauper and it was time to make some money for himself again.

The company's money is a public account and can be used for development, but it is difficult to cash out. After all, it is saddled with 85 billion in arrears.

Lin Zitai asked: "Mr. Song, after the Mojin financing is completed, there is a good deal, would you be interested?"

Song Xiangyang was surprised and said with a smile: "As long as it is a profitable business, we are all interested. Mr. Lin, how can I help you?"

"Let's talk about it then. It's not confirmed yet."

Lin Zitai smiled, deliberately changed the subject, and turned to look into the distance: "Is the Hong Kong-Zhuhai-Macao Bridge open to traffic? I remember it was still under construction last year."

K. Wah Capital has approximately 285 billion assets under management, and its available funds should not exceed 50 billion.

Even if all the money was given to him, it would still not be enough.

Novartis Pharmaceuticals, with a market value of US$2000 billion, is a huge piece of meat. If possible, Lin Zitai hopes to attract Ping An Group to join.

Ping An Group was formerly known as Shenzhen Development Bank. Its main board code is 000001. It is the fifth of the four major domestic banks and is still a nominally private company.

As long as it is a private company in name, there is a lot of room for maneuver. Lin Zitai hopes to establish a relationship with the other party through Jiahua Capital.

Song Xiangyang's heart was itching unbearably, and a hint of resentment flashed in his eyes, like a man who was aroused by a beautiful woman but had no way to vent it.

But we can only follow Lin Zitai's words: "It was officially opened to traffic on the 24th last month. If Mr. Lin is interested, we can go up there later."

Lin Zitai said with a smile: "Looking at this super project that is unique in the entire history of mankind, there must be interest. But we still need to finish the things at hand first."

　Thanks to Why Little Prince, Book Friends 1609, and Zhancha Xiaoqianmo for their rewards.

　　
　
(End of this chapter)