Chapter 362 Am I so Strong? ! There’s a Long Way to Go!

The latest website address: The first page of the information in front of Cao Xingyu is the ‘BBK Group’.

Cao Xingyu, who is a high-ranking official in Jiang, has long been aware of Bubugao's name.

When he was young, his mother often took him to the BBK Supermarket.

In the most prosperous city center of Ling City, BBK is a large retail supermarket that people go to most often, and the flow of people is amazing.

And Bubugao Supermarket is the largest supermarket in the area, bar none.

And this kind of scene is not unique to Ling City, but there must be at least one BBK supermarket in every city in Jiang Province.

In Sansha City, the provincial capital, there are several very large BBK supermarkets.

It can be said to be the most resounding golden sign in the field of supermarkets in Jiang Province. Its influence can be said to be one of the best in the field of large-scale retail supermarkets in Jiang Province. Jiang Province can also be regarded as the home base of BBK. .

This is actually a typical feature of large supermarkets. Large supermarkets such as Wal-Mart, RT-Mart, BBK, etc. all have their own sphere of influence.

Therefore, Cao Xingyu knew about the company BBK and that it was a company born and raised in Jiang Province.

We also know that this company started in Tan City.

In addition to the basic information that Cao Xingyu knew, the content on the paper was quite detailed, far exceeding Cao Xingyu's expectations.

‘It turns out that BBK Supermarket has nothing to do with BBK reading machines and BBK vivo mobile phones! ’ After reading the previous detailed introduction, Cao Xingyu muttered quietly.

All this time, Cao Xingyu thought this was the same company!

Now it seems that it is not what he thought at all.

BBK reading machine and vivo mobile phone and OPPO mobile phone are three other independent companies, from Guangcheng!

It used to be called BBK Electronics!

The Bubugao Group in Jiang Province is a company focusing on large supermarkets, department stores, and commercial complexes.

Currently, various supermarkets, convenience stores, etc.

The total number has reached more than 620!

In summary, it focuses on the supermarket retail industry, and has also set foot in large shopping malls. It has also built some well-known large shopping malls such as BBK New World in various cities.

The most typical and well-known among them is the BBK New Headquarters in Sansha City, Meixi BBK New World, a super-large commercial complex of nearly 700,000 square meters.

In addition to the introduction of the company, the paper also involves dozens of indicators such as total assets, total liabilities, debt ratio, operating income, total profits, main operating profits...etc.

‘The total assets are 52.7 billion, but the liabilities are more than 36 billion, and the debt ratio exceeds 60%! ’ Cao Xingyu raised his eyebrows.

really!

When Cao Xingyu saw the commercial complex just now, he was thinking, why does this company look more and more like the real estate industry?

Now when I look at the debt ratio, it really looks like it!

How could a normal supermarket owner have such a high debt ratio?

BBK is obviously making the market bigger and bigger. It is not satisfied with the early leasing model and has begun to build shopping malls independently!

So, it gradually became what it is now!

Start entering the commercial real estate field!

"The revenue last year was more than 40 billion, but the net profit was only 170 million, not even 200 million?!" Cao Xingyu smacked his tongue slightly when he saw this data.

But he quickly reacted.

This result is normal!

After all, a large-scale expansion into self-built commercial real estate requires a large amount of funds to fill this area.

And you have to borrow money.

Bubugao is carrying such a high amount of debt, which will naturally put great pressure on corporate profits. Interest-bearing liabilities of tens of billions will greatly consume retail profits!

"It's interesting." Cao Xingyu said thoughtfully:

"If Xie's Group is based on a sales and rental model, then BBK is based on a supermarket and rental model?"

"Sure enough, everyone has great ideas!"

And this mode seems to be pretty good too!

You must know that within Jiang Province, Bubugao Supermarket is a golden sign and a guarantee of human flow.

Often if there is a BBK Supermarket in a shopping mall, it will be a big gimmick and will be heavily publicized, which can attract many merchants to settle in.

The BBK Group is taking advantage of this to attract investment for its commercial real estate!

The effect is simply amazing!

"However, the profit for one year is less than 200 million..." Cao Xingyu raised his eyebrows:

"It's just four or five days of system subsidy after all!"

"Am I already so strong?"

This is the first time that Cao Xingyu has an intuitive impression of subsidies.

He really hadn't thought about it so much before.

Now suddenly seeing the net profit of BBK Group, Cao Xingyu suddenly found that his daily subsidy had reached an astonishing figure.

"but..."

"More than six hundred stores."

"Self-sustain ten large commercial properties."

"The number of employees is more than 70,000."

"The ultimate profit is..."

"This also fully shows that it is difficult to make entities!" Cao Xingyu curled his lips helplessly.

Look at the internet again and think of Ahri and Penguin!

The net profit can reach nearly 100 billion in half a year!

The cash flow on the account has been maintained at the level of 100 billion for a long time!

Rich and wealthy!

Comparing the two, the money earned in the real industry is simply a drop in the bucket.

It's not an exaggeration to call it hard work...

It's a bit sad!

It is no wonder that entities decline.

The speed at which both parties make money is simply not at the same level.

Of course, it is a bit unfair to compare BBK with top Internet companies.

But it is not as strong as Huawei, and its net profit for the whole year of 2020 is less than 70 billion.

It can be imagined from this that it is an indisputable fact that making money on the Internet is easier and more profitable.

This is why in recent years more funds in the capital market have been placed in the Internet market.

"Why are you thinking so much?" Cao Xingyu chuckled and threw these thoughts behind him.

No matter how difficult the real industry is, it is nothing to him!

No matter how much money you make on the Internet, it will all be his in the end!

In the future, there will be physical stores to support it. Once the four major scenes of Shiwang Group come out, they will definitely be disruptive!

After withdrawing his thoughts, Cao Xingyu turned his eyes back to the information.

"BBK is also a good investment target." Cao Xingyu pursed his lips and muttered seriously: "And it may not take long to consider mergers and acquisitions or holding shares."

The reason for saying this is that Cao Xingyu thinks that BBK's assets are very good.

At least two industries are involved.

Although Cao Xingyu has not yet set foot in its more than 600 supermarkets and convenience stores, he believes that these should belong to the [retail industry] or [daily necessities industry].

In addition, the shopping malls it owns have also entered the [real estate industry].

Therefore, if BBK can be incorporated, it will definitely be a considerable boost to the growth of Shiwang Group.

"The market value is over 10 billion, which is not expensive." Cao Xingyu glanced at BBK's market value. This price was within his expectation.

Although BBK's total assets are said to be more than 50 billion, after deducting total liabilities, the actual asset amount is only 10 billion.

In addition, the annual profits are not high, and the current price-to-earnings ratio of the stock price has reached nearly 20 times, which is quite high.

"When the catering industry reaches its peak in Sansha City, then incorporating BBK will be a good move." Cao Xingyu said while marking something on the paper.

Then, Cao Xingyu turned to the second page.

Fuxing Group, owner Yi Dasheng.

This is another well-known company in Sansha City, but Cao Xingyu has never heard of it before.

Judging from the information, this company is mainly engaged in industrial park development.

Several well-known industrial parks in Sansha City were created by him.

These include science and technology parks, industrial zones, financial backends, cultural and creative industrial parks, logistics industrial parks, etc.

"This should be considered the real estate industry." Cao Xingyu muttered.

Overall strength looks okay.

It's just that the industrial park doesn't seem to be very important to Shiwang Group, it's a bit too single.

The investment value is definitely ranked lower.

After a pause, Cao Xingyu turned back.

Dihai Investment Holding Group, Li Xiaoming.

A well-known real estate company in Beijing, it is also involved in property, infrastructure construction, etc.

The main investment scope is concentrated in Beijing. The most famous project is Guohai Plaza.

"Sure enough, the ability of the real estate industry to create wealth is really strong." Cao Xingyu couldn't help but muttered as he saw real estate developers one after another.

As for Beijing, I will definitely go there in the future, but it is still very far away at the moment.

Therefore, Cao Xingyu directly skipped Dihai Group, a company that currently does not have a high value to Shiwang Group.

Dongfang Hongyu, Li Weiguo.

The first domestic waterproofing material and construction company.

"This seems to be used when doing independent real estate projects." Cao Xingyu commented.

As the current main business of Shiwang Group still revolves around stores, waterproofing is not its requirement.

Cao Xingyu skipped it again.

Lance Technology, Zhou Feiqun.

"Good guy, a company with a market value of hundreds of billions! This should be a real big boss in the entire Jiang Province!" Cao Xingyu chuckled.

After all, Cao Xingyu was not too surprised.

A market value of hundreds of billions, in his current opinion, is nothing more than that.

The main products of this Lance Technology include window protective glass, touch screen units, touch screen modules, camera modules, fingerprint modules, cameras, buttons, ceramics, metal accessories, etc. The products are widely used in mobile phones, tablets, Laptops, TVs, digital cameras, players, GPS navigators, car instruments, smart homes, medical equipment, etc.

Its major customers include Huawei, Samsung, Xiaomi, etc., so its most used field is still the mobile phone industry.

"The mobile phone industry... maybe Shiwang Group will also get involved in the future." Cao Xingyu nodded. This company still has a certain value, and there may be opportunities to cooperate in the future.

After marking ‘mobile phone industry, pending’, Cao Xingyu scrolled back again.

One or three heavy industries, Xiang Bo.

"There's nothing to say about this. A giant in the field of heavy industry equipment, with a market value of more than 200 billion." Cao Xingyu commented: "When Shiwang Group gets involved in independent construction of real estate projects in the future, it will be useful when purchasing facilities and equipment."

Anker Innovation Technology, Yang Meng.

This is the first time Cao Xingyu has met this company.

Unexpectedly, it still has a market value of more than 70 billion.

"It is one of the largest global consumer electronics brands in China by revenue. It designs, develops and sells smart charger accessories and smart hardware. It is a consumer electronics brand with products exported to hundreds of countries around the world..." Cao Xingyu Got a rough idea.

not bad.

It's just that at this stage, there is nothing that can be related to the Shiwang Group.

Cao Xingyu was naturally not very interested.

The founder of Chopsticks Hands, Su Hua.

One of the leading companies in the short video field.

This is naturally a company that Cao Xingyu is familiar with. After all, it is in the Internet industry.

"There seems to be no opportunity for cooperation for the time being, and there is no conflict of interest with the Shiwang brand." Cao Xingyu pursed his lips.

In the field of short videos, Cao Xingyu currently has no ideas.

Looking back, several acquaintances appeared one after another.

Cornerstone Information Group, Li Chu.

Runhe Real Estate, Chen Shehang.

Real King Decoration, Yuan Chaohui.

These three are old acquaintances. Cao Xingyu has already had contact with them and has cooperated with them.

However, through this information, Cao Xingyu had a clearer understanding of the strength of these three people.

It can only be said that they are not very powerful and have not been listed on the market, but they should still have a net worth of several billion.

Xie Zilong, the owner of Common People’s Pharmacy.

Started in Sansha City, its total number of pharmacy stores exceeds 600, covering 15 provincial markets, with a total operating area of ​​100,000 square meters and a market value of 20 billion.

"In the pharmacy, maybe the Shiwang brand will also get involved in the future." After thinking about it, Cao Xingyu felt that this possibility was still very high.

The Shiwang brand will definitely be involved in food, clothing, housing and transportation in the future, and its pharmacies are closely related to life and are necessities in people's lives.

Naturally, Cao Xingyu will not let go of areas that can enhance the coverage of the Shiwang brand membership card.

“Let’s directly acquire or hold a controlling stake in the future!”

"But don't worry, this pharmacy is spread across 15 provinces across the country, and I have just opened it in Sansha City. Spending a lot of money to purchase it is not cost-effective. We will wait until the system map is expanded!"

"The net profit in the past year has been one billion. It can be said that a profitable buyer is getting better and better." Cao Xingyu couldn't help but chuckle.

After marking "Available for in-depth cooperation", Cao Xingyu continued to look down.

Aier Ophthalmology, Chen Bangbang.

Cao Xingyu was very familiar with this company and had seen it in reality before.

He originally thought it was a small eye hospital.

Unexpectedly, this company has a market value of more than 250 billion.

"There are more than 400 eye hospitals across the country, very strong!" Cao Xingyu pursed his lips.

In the long run, this company is also valuable, almost as valuable as the People's Pharmacy!

It can expand the coverage area and scope of use of Shiwang brand membership card.

It is an option for future investment.

Cao Xingyu continued to look back.

...

Time flies.

Looking at it, three hours passed in the blink of an eye.

Cao Xingyu was so excited that he forgot to eat.

At this moment, he had watched all the companies in their early 100s.

These companies involve all walks of life.

Most of them belong to the real estate industry and the physical field, and there are very few high-tech Internet companies.

This is normal. Internet companies are concentrated in coastal areas. Except for Su Hua, a chopstick master, none of the natives of Jiang Province are from Jiang Province.

At the same time, Cao Xingyu also made some simple marks.

Many of them have cooperation value in the short term, some have cooperation value in the future, and some are yet to be determined.

This review of information has opened up Cao Xingyu's horizons a lot.

He discovered where he was now!

There are still many fields to get involved in, and the market in each field is not small, and there are already established competitors.

Just like the mobile phone industry!

There are several big mountains!

The competition pressure is huge!

At the same time, acquiring shares and mergers and acquisitions are not simple matters.

Even if there is a forced share sale card, a huge premium will still be required!

The funding requirements in this area will be quite huge!

"Starting a business is indeed an extremely difficult road!" Cao Xingyu sighed: "There is a long way to go!"

After reciting, Cao Xingyu put away the information, stood up and left the office.

7017k