I Don’t Want To Be A Young Master
Chapter 113: One hundred and thirteen
"Flap!"
The applause in the conference room was even more enthusiastic, with a profit of 69.39 million in half a month, which was beyond everyone's expectations.
Even if it is driven by the peak period at the end of the year, a monthly profit of more than 50 million yuan is enough to shock everyone.
What excites everyone is that they see a glorious future. With such a high gold absorption ability, Yuanfeng can be described as a promising future.
Ye Feng coughed a few times, and finally smiled when everyone calmed down: "That means the total profit of the six stores last year was 618.69 million."
As if he was afraid that everyone would not be surprised enough, Ye Feng threw another bomb, "Six stores, the total sales of shopping coupons are 166 million!"
"boom!"
Everyone in the conference room was really shocked.
Although shopping coupons are not profitable, they can be exchanged for cash reserves.
Yuanfeng Shopping’s cash revenue of nearly 800 million in half a year is enough to shock people.
To be honest, even a company that is ten times larger than Yuanfeng may not be able to come up with 800 million in cash.
The retail industry has the largest cash flow. For some IT industries, regardless of the estimated value that is ten times better than Yuanfeng, in fact, the cash that can be produced may not be as good as Yuanfeng.
Everyone was whispering and discussing, and everyone's face was filled with joy.
Upon seeing this, Ye Feng added: "Last year there were a lot of expenditures, the bulk of which was the construction of new stores and personnel expenses, which cost almost 200 million yuan in total."
Everyone is mentally prepared. After all, Nanhua alone has invested more than 100 million yuan.
But even so, Yuanfeng's remaining funds are sufficient.
Seeing everyone so excited, Ye Feng didn't rush to speak.
After waiting for everyone to vent, Ye Feng turned around and asked, "Director Tang, tell everyone, how much money do we still have on the account?"
Seeing Ye Feng's question to himself, Tang Haiping, the newly appointed financial director, stood up and said, "Throwing away other expenses, there are still 535.44 million in cash, of which the pledged payment is 337.1 million."
After listening to Tang Haiping, the others were still excited, but Ye Feng smiled bitterly: "After calculating this, I lost 1.56 million last year without the money and payment for shopping coupons?"
Everyone knew that Ye Feng was joking, and they all laughed.
On the books, Ye Feng did indeed lose money, but in fact it has six more stores, a logistics company, and a house.
These values alone exceed 200 million, which means that Ye Feng made a net income of more than 200 million in the first half of last year.
This is already the profitability of a medium-sized group.
After the joke was over, Ye Feng then resumed his stern expression: "Yuanfeng developed very well last year. This is inseparable from everyone's efforts."
Everyone quickly applauded.
Ye Feng stretched out his hand and pressed the button, and continued: "Let me talk about Yuanfeng's goal this year."
"Last year we opened six stores, this year my idea is to turn six stores into thirty!"
As soon as the voice fell, everyone's expressions became serious.
Duan Pengfei asked aloud: "Mr. Ye, there are twenty-four companies a year, is the speed a bit faster?"
Twenty-four stores a year, which means that two stores will open every month, which is still a bit difficult for the current far wind.
Ye Feng shook his head.
Nanjiang has 21 prefecture-level cities, 62 municipal districts, and 121 county-level administrative districts.
Excluding the township, there is one store in each county, and at least more than one hundred.
To fulfill Ye Feng's dream of spreading Yuanfeng shopping all over Nanjiang within three years, twenty-four stores a year can only be said to be the minimum requirement.
When Duan Pengfei saw this, he no longer refuted, but asked: "What does President Ye mean to use the 500 million funds on the book?"
Ye Feng nodded first, then shook his head and said, "You can't use all of this money, otherwise there will be endless troubles."
Although he desperately wanted to expand, he was not yet dizzy.
In the past, it was enough to embezzle tens of millions, and Ye Feng could make up for it in an emergency.
But once it embezzles 500 million, which link has problems, Yuanfeng’s capital chain may break, and Yuanfeng’s only end is bankruptcy.
After all, Yuanfeng’s background is too shallow and its ability to resist risks is too poor.
If those large supermarkets do not need to consider these, they have thousands of stores, and each store can use one million yuan to spend more than one billion yuan.
Ye Feng explained: "My idea is to use the store to maintain a store. I will first take out 200 million and open ten to twelve stores in the first half of the year. When the newly opened stores begin to operate, they have income, plus the current six stores. Support, we will have more money in the second half of the year, and the remaining stores can be opened."
Two hundred million should be enough to open ten stores. The key is to spend two hundred million. Yuanfeng still has enough funds to serve as a reserve fund.
The remaining money should be no problem to deal with some emergencies, unless there is a major change, accidents will happen.
Others nodded. In fact, Yuanfeng did this last year.
However, in the early part of last year, only one store in Tianhai could be used for blood transfusion, so the new store opened a bit slower.
Now Yuanfeng has sufficient funds, plus six stores for blood transfusion, it is not too difficult to open twenty-four branches a year.
Others just take care of themselves, so naturally they won't have any opinions.
Duan Pengfei frowned and said, "Then our personnel gap will be too great, and there will be a large influx of newcomers, which is not conducive to the development of the company."
Ye Feng didn't speak, but just glanced at Yang Simin.
Duan Pengfei worked with him for so long and immediately understood what Ye Feng meant.
Ye Feng's intention was naturally to let Yang Simin move their positions. Several branches in Shanwan are now gradually stabilized. These store managers are the best candidates to send out to expand.
If you are a newcomer, you should first recruit in a few old shops to increase your experience, and then you can release it for use in a few months.
Duan Pengfei glanced at Zhou Yang's people, and saw that they were still ignorant, and he was a little bit stunned.
These guys think it's nothing to do with them. Do they think Ye is always the kind of person who wants to relax?
Not to mention others, the management of Yuanfeng Tianhai Store was not under the command of Ye Feng.
Shen Mengyan went to the Guangcheng Management Logistics Company, Zhang Jiadan took charge of the Tianhai branch, and Duan Pengfei was on call. He had hardly been idle last year.
Duan Pengfei didn't remind him, bypassing this topic and said: "Then where do we concentrate on this year's main development area?"
There are 21 prefecture-level cities in Nanjiang. Except for Guangcheng, Tianhai, and Shanwan, the other 18 prefecture-level cities naturally cannot swarm.
The best way is to cannibalize, just like Shanwan now.
Ye Feng had the answer in his mind, and immediately replied: "Guancheng in the first half of the year, and Foling in the second half of the year."
"Guancheng? Foling?"
Everyone thought for a moment, and immediately understood Ye Feng's thoughts.
If you take out the map of Nanjiang Province and take a look, you will find that Guangcheng is in the center and Shanwan is in the southeast.
While Guancheng and Foling are on the left and right of Nanjiang, Ye Feng's mind is to first take the peripheral cities of Nanjiang and gradually expand inward.
The final pattern is to encircle Guangcheng, which is also in line with Yuanfeng's strategic goals.
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