Chapter 1587 Hitting the Trillion Target
In the conference room, Yuan Chengdao began to report loudly.
"For Yuanfang Retail, the offline department store and home appliance business in the first quarter had a total revenue of 70 billion yuan.
In the second quarter, the department store business in Beijing was withdrawn, which caused some impact.
However, in the second quarter, during the period of our competition with Teng Xun and the opening of the smart phone market, the performance did not decline in the end, and with the economic recovery, it rose a little.
In the second quarter, we are now in the department store and home appliance business, with a total revenue of 76 billion.
As for online, although it is currently classified as Yuanfang Technology, I will count it as retail performance for the time being.
In terms of e-commerce, the revenue in the two quarters reached 146 billion, which has surpassed last year's results. Of course, this is after the merger of Guomei.
As for the online sector, the total transaction volume of B2C and C2C in the first quarter was 50 billion. In the second quarter, with the launch of Wanjia Online and the increase in mobile business, the results in the second quarter were much better, reaching 70 billion.
In the two quarters, the total online transaction volume was 120 billion, but the C2C business transaction volume reached about 30 billion.
In fact, our online revenue is in the range of 90 billion. Including offline, the total revenue of Yuanfang Retail in the first half of the year was 236 billion.
This achievement has actually surpassed Yuanfang's annual achievement last year.
It is mainly related to the economic recovery this year. The government has also introduced a series of policies. This year, all walks of life have actually improved greatly compared to last year.
As I said before, Yuanfang is sure to hit the 500 billion revenue threshold this year. If all goes well, Yuanfang retail plus e-commerce may reach this goal.
Apart from Yuanfang retail and e-commerce, in addition, Dongyu Real Estate has not carried out any external sales development activities this year, which is almost negligible.
The performance of Yuanfang Logistics is not bad. In addition to the logistics park, the revenue in the two quarters also reached 12 billion. Among the current logistics companies, Yuanfang ranks high.
Among the entire Huaxia logistics companies, Yuanfang Logistics temporarily ranks fourth.
We may find it difficult to win the top three positions at the moment..."
Yuan Chengdao knew Li Dong's character, and was worried that he would shout slogans here again.
Stop ahead of time before talking.
Logistics is not equal to express delivery. Logistics can include express delivery, but express delivery is only a branch of logistics. The two are different.
Among the current Huaxia logistics companies, express companies such as Shunfeng can be regarded as logistics companies, but in terms of the overall ranking, Shunfeng does not rank high among them.
Huaxia Ocean Shipping Group, which ranks first, has revenues of more than 70 billion in the current two quarters.
The second Huaxia Shipping Group, the two quarter revenue reached 35 billion.
The third is Huaxia Foreign Trade and Transportation Group, with revenue of 30 billion in two quarters.
The fourth is distant logistics.
Shunfeng, on the other hand, currently ranks 16th in the entire logistics system, and its revenue in the first half of the year was less than 3 billion.
Among the logistics companies, the gap is still relatively large. The top three and the latter companies are currently not in the same class.
The distance between Huaxia Foreign Trade and Transportation Group, which ranked third, is tens of billions. Such a gap is difficult to catch up in the logistics industry.
What's more, the top three giants are actually engaged in international transportation. Yuanfang does not have the ability to do so at present. If it is not for the establishment of an airline company, it will not even be able to compete for the fourth place.
Yuan Chengdao mentioned something, Li Dong glanced at him, but said nothing.
This guy, really thought he could only shout slogans?
The logistics group wants to be the top three, but Li Dong himself has never thought about it.
Relying on Huaxia's domestic performance alone, even if e-commerce exploded and the express delivery business surged, and Shunfeng made it to that point, it only broke through 50 billion in revenue in 2016.
As for the top three logistics giants, the first has broken through the 100 billion mark, and the second and third are hitting the 100 billion mark.
Such a gap, no matter how it breaks out in the country, it will be difficult to catch up in the distance.
In fact, Li Dong never thought of doing global logistics, not to mention how much money he would need, but if he wanted to open various international lines, it would be almost useless if it took more than three to five years.
Even if it is opened, the funds required are astronomical.
If you really need this, you might as well cooperate with other companies.
Seeing that Li Dong didn't speak, Yuan Chengdao breathed a sigh of relief, and continued: "The other thing is our investment company, the companies we hold, can also be counted as our own revenue performance.
In the first half of the year, these enterprises created an operating income of 20 billion.
The last is Yuanfang Technology. The revenue of Yuanfang Technology is not too high. Even if Teng Xun is added in the first half of the year, it can barely break through the 7 billion barrier. Of course, e-commerce is not included.
Therefore, in the first half of the year, Yuanfang's actual operating income reached 268 billion.
In addition, C2C created 30 billion transactions.
In terms of profit, in the first half of the year, the total profit of each company reached 20 billion.
But compared to the cost..."
Li Dong said unhappily: "I let you summarize, I didn't let you complain!"
These guys are always out of proportion to their profits and expenses.
In the past few years, Yuanfang's expenses have been horrific, but most of them have been increased in debt, and Li Dong generally doesn't count this account.
It's not that he doesn't know about these things, and he doesn't need these people to remind him.
Without letting him continue the report, Li Dong said something, and then said: "So, including our C2C, Yuanfang's total revenue in the first half of the year is close to the 300 billion mark?"
Yuan Chengdao nodded and said, "There are so many."
"When we acquired Paipai.com, I said that in 2009 our online transaction volume reached 400 billion, and now it is 120 billion.
It reached 300 billion offline, and now it is 146 billion.
Offline, there are almost no problems at present. If the 300 billion barrier cannot be broken through, it is not for other reasons. Yuanfang has almost closed down.
But the online part is quite difficult. "
Li Dong has set a strategic goal of 400 billion yuan, and now less than one-third of it has been completed.
Such a result, even if it breaks out again in the later period, it will be even more difficult to complete a total transaction of 280 billion in the second half of the year.
This is still adding the business of Wanjia.com, and it will be even more difficult not to add it.
After pondering for a moment, Li Dong looked at Tan Haiying and said, "What is the current proportion of mobile terminals?"
Tan Haiying hurriedly said: "The consumer group on the mobile terminal is now expanding rapidly, and the current share is almost close to 10%.
Of course, this is the statistics in June, and the proportion in May is still very low. "
"With the rise of the mobile Internet, this share will become higher and higher, and now that we are doing consumer loan plans, it will definitely increase in the future.
In addition, the market is also expanding. I think it should not be a problem if the growth rate reaches 60 billion in the second half of the year.
Therefore, in the second half of the year, the revenue of the entire e-commerce field must exceed 180 billion.
Not to mention the goal of 400 billion, you must complete 300 billion!
Among them, it belongs to our self-operated business, and the revenue must reach more than 220 billion!
The offline system, as far as the current scale is concerned, will also undergo an increase in the second half of the year. Since the 300 billion can be completed, then we will give you an additional 50 billion target quota.
Calculated, in the end, with our current system, Yuanfang Retail can reach 570 billion.
For Yuanfang Logistics, it is tentatively set at 30 billion. Logistics is actually more difficult to break through, but with the prosperity of e-commerce, the performance of logistics will also increase a lot.
As for Yuanfang Technology, excluding e-commerce, Weibo plus Teng Xun plus other businesses, strive to break through the 20 billion mark.
Coupled with the production companies we hold, we have created an annual revenue of 50 billion.
If all of them can achieve the set goals, in the end, Yuanfang's revenue will break through the **** mark, and its C2C performance will reach 80 billion.
In this way, we are very close to the goal of trillions.
Looking back, we will count all the retail companies we cooperate with. As long as they create a revenue of about 300 billion, Yuanfang will publicize that the annual revenue will break through the trillion mark!
The trillion-dollar goal has been achieved. I think no one will continue to take what I said at the media conference as a cannonball, right? "
When Li Dong said this, no one spoke.
Can cooperative enterprises count?
Obviously not!
Yuanfang is not a holding company. If you really want to count everything, if you want to spend some money in a company with a higher revenue in the future, you can buy a stake in a company with a higher revenue. In this way, Wal-Mart will not be able to be the number one.
However, even if these companies are not counted, nor are they counted as C2C business, if Yuanfang can really achieve Li Dong’s target plan, the annual revenue will reach more than 600 billion, which is several times that of last year, which will be terrifying.
Last year, although Yuanfang boasted that its revenue was close to 230 billion yuan, it was actually a lot worse, only about 200 billion yuan.
This year, Yuanfang surpassed last year's total revenue in the first half of the year. It has to be said that it is terrifying.
Among them, the performance growth of Guomei and Online is the main reason.
Otherwise, it would be difficult to achieve this step in the distance.
Li Dong didn't care about them, and continued: "I'm talking about the current scale, and the later period will be counted separately, so don't confuse these concepts when summing up at the end of the year.
Strive to make the current Yuanfang reach 100 billion US dollars in revenue by the end of the year. In this way, we will rank among the top 500 in the world next year, and we will enter the top 100 ranks, or even rank higher.
As for this year's expenditure and the like, I will look at it myself and don't need to report it.
By the way, has Teng Xun's application for resumption of trading been submitted? "
Liu Hong shook his head and said: "Not yet, there are still some things that have not been sorted out, we are going to submit the application in late July.
In terms of time, if the approval goes well, it will not be difficult for Teng Xun to resume trading in mid-August.
However, Teng Xun hopes to hold a roadshow when trading resumes.
And everyone hopes that Mr. Li can participate, and the venue will be Xiangjiang.
By the way, there is also Weibo, because Weibo is listed in the IPO, it is still in the United States.
What Wang Xin meant was that he hoped to conduct a large-scale road show.
Well-known cities all over the world hold a road show, and there will be about ten roadshows in total, Mr. Li, look..."
Compared with Teng Xun's resumption of trading and Weibo's initial listing in the United States, everyone is more disturbed and uneasy.
Therefore, the prepared roadshow plan is also very strong.
It is also the minimum requirement to conduct more than ten road shows around the world.
Now, in fact, the roadshow plan has been put on the agenda. In late July or early August, if Weibo wants to go public before August 18, it must start the roadshow.
Liu Hong said hello in advance now, lest Li Dong can't say no, then it's over.
If Li Dong doesn't go, the effect of the road show will be greatly reduced.
The richest man in the world goes to the road show in person, which can impress investors even more.
Li Dong was not as difficult to communicate as Liu Hong thought. After thinking for a while, he said, "Then you can send me the road show plan later, and I will adjust the time."
The listing of Weibo is also related to a series of follow-up plans.
Not to mention these plans, even if it is for making money, Li Dong will not really ignore them.
It's just a road show, who wouldn't brag?
Isn't it just ten games? If you are in a hurry, ten days and a half months are enough.
After spending such a long time on the road show, the stock price will not only double, but even if it rises by 10%, Li Dong will make a lot of money.
Hearing what Li Dong said, Liu Hong and Wang Xin were a little excited. It seemed that this matter was all right.
With Li Dong present, they felt that the road show would definitely go smoothly.
At that time, investors from all over the world will be flocking to Weibo, and maybe Weibo can explode into greater value than Tencent.
Of course, from the current point of view, the hope is not too great, unless Weibo's single share price can reach about 100 US dollars, otherwise, it is almost impossible to surpass Teng Xun.
And Weibo, whose price range is as high as US$40, can reach more than US$100 after listing?
The current price of 40 US dollars is actually not low. If you want to double this basis, no matter how bragging Li Dong is, investors may not necessarily buy it.
Everyone talked for a while, and at the end of the meeting, Li Dong said: "I don't need to disclose the summary made today.
I'll announce it on charity night.
It was a live broadcast that day, and it also made people see the strength of Yuanfang clearly again.
It seems that not long has passed since the annual meeting, and Yuanfang has made breakthrough development again, which also makes everyone feel at ease and less cranky.
Yuanfang is now starting to hit the No. 1 in China and the top 20 rankings in the world. What worries about a company like Yuanfang?
Financing in the distance, buying bonds in the distance, shopping in the distance, taking loans in the distance...
All of these are reliable!
Once Teng Xun resumes trading and Weibo goes public, it will be even more reliable!
In the whole world, Yuanfang is also one of the best existences. I am moved by such a company. If I have tens of billions in me, I can't wait to invest in Yuanfang..."
Others didn't pay much attention to his boasting, but Yuan Chengdao frowned again.
Now, he has already guessed Li Dong's purpose and plan.
This guy, in order to raise funds, has already begun to lay the groundwork and prepare in advance.
Another impact of trillions in revenue, and the number one in China and the top 20 in the world.
Coupled with Teng Xun's resumption of trading, the listing of Weibo, and this series of remarks and actions, other people may really be eager for Yuanfang.
The key point is that Li Dong doesn't have to do this for low-amount financing.
He is doing so much fanfare and making so many noises, obviously not because he wants to raise money with a low amount.
10 billion is to test the water, what is Li Dong's plan and goal?
100 billion?
Before Yuan Chengdao thought that 100 billion was the upper limit, but now it seems that 100 billion may not even reach Li Dong's lower limit.
With a financing of 200 billion, tens of billions of interest will be paid every year. Is such a risk really worth it?
Although he wanted to say something, Yuan Chengdao thought about it for a while, but finally he didn't speak.
Before, Li Dong seemed to be ready to retire.
The result was good. After he returned at the end of June, the group seemed to be the same as before, without much change.
But in fact, Li Dong began to take power again.
Now, most of the group's major affairs are handled by Li Dong. After he finishes the arrangements, it is the turn of the executive committee and the board of directors to handle them.
Judging from this sign and Li Dong's goal, Yuan Chengdao now understands that being the chairman of the board of directors is temporarily out of the question.
There are so many big plans left there, with Li Dong's character, he won't let go until it's finished.
And how long is this time?
three years?
five years?
Under Li Dong's heavy pressure and Li Dong's expansion regardless of cost, can he really wait until that time?
If it succeeds, then Li Donggong will retire, and what he takes over by himself may be a huge business empire beyond imagination.
But once it fails, at that time, even if Yuanfang does not collapse, it will fall to the front line.
Thinking of this, Yuan Chengdao felt a little melancholy.
Li Dong didn't know Yuan Chengdao's melancholy for the time being, but if he knew it, he might have to say, "Aren't you afraid that you think too much?"
He didn't say that the group would definitely be handed over to Yuan Chengdao's management, so why think so much now.