v2 Chapter 362： I am so strong? ! A long way to go!

What Cao Xingyu showed on the first page of the information was the ‘Backgammon Group’.

Cao Xingyu, a senior official in Jiang, has long been familiar with the name of Backgammon.

When he was little before, he was taken by his mother to visit the Backgammon 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 BBK supermarket is the largest supermarket in the area, not one of them.

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

In the provincial capital city of Sansha, there are several super-large backgammon supermarkets.

It can be said to be the most resounding gold-letter sign in the area of ​​Jiang’s supermarkets. Its influence can be said to be one of the best in the area of ​​large retail supermarkets in Jiang Province. Jiang Province can also be regarded as the base camp of Backgammon. .

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

Therefore, Cao Xingyu knew about the BBK company and knew that it was a native Jiang Province enterprise.

I 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 point readers and BBK vivo phones at all! After reading the detailed introduction, Cao Xingyu murmured.

For a long time, Cao Xingyu thought it was the same company!

Now it seems that it is not what he thought.

Backgammon point reading machine and vivo mobile phone oppo mobile phone are the other three independent companies, which are from Guangcheng!

It used to be called Backgammon Electronics!

The BBK Group in Jiang Province is a company that focuses on large supermarkets, department stores, and commercial complexes.

At present, the total number of various supermarkets, convenience stores, etc. has reached more than 620!

In summary, it is focused on the supermarket retail industry, while also involved in large shopping malls, and has also built some well-known large shopping malls such as BBK Xintiandi in various cities.

The most typical and well-known is the new headquarters of BBK in Sansha City, Meixi BBK Xintiandi, a super-large commercial complex of nearly 700,000 square meters.

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

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

Sure enough!

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

Looking at this debt ratio now, it really looks like it!

How can there be such a high debt ratio for a normal supermarket?

Backgammon is obviously making the plate bigger and bigger, and it is not satisfied with the early leasing form. It has already begun to build a shopping mall on its own!

So it gradually became what it is now!

Start to enter the field of commercial real estate!

"Last year's revenue was more than 40 billion, but the net profit was only 170 million, not even 200 million?!" When he saw this data, Cao Xingyu stunned slightly.

But it reacted quickly.

This result is normal!

After all, the large-scale entry into self-built commercial real estate requires a lot of capital to fill in this field.

And among them, you have to borrow money.

Backgammon is carrying such a high amount of debt, which will naturally put huge pressure on corporate profits, and interest-bearing debts of up to tens of billions will consume retail profits significantly!

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

"If the Xie Group is selling, raising and renting, then BBK is raising rent in a supermarket?"

"Sure enough, one by one, they all have ideas!"

And this model seems pretty good too!

You must know that within Jiang Province, BBK supermarket is a golden sign, which is a guarantee for the flow of people.

Often if there is a BBK supermarket in a shopping mall, it is a big gimmick that will carry out heavy publicity and can attract many businesses to settle in.

The BBK Group is using this to attract investment for its commercial real estate!

The effect is simply amazing!

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

"It's just four or five days of system subsidies after it's dead?!"

"Am I already so strong?"

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

He really didn't think so much before.

Now suddenly seeing the net profit of the BBK Group, Cao Xingyu suddenly found that his daily subsidies had reached an alarming number.

"But..."

"More than six hundred shops."

"Self-owned ten large-scale commercial real estate."

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

"The ultimate profit..."

"This also fully shows that entities are not easy to do!" Cao Xingyu curled his lips helplessly.

Look at the Internet again, think about Ali and Penguin!

The net profit can be 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!

Strong wealth!

Comparing the two, the money earned by the physical industry is just a drop in the bucket.

It's not too much to call it hard...

It's a bit sad!

It is no wonder that entities will decline.

The speed at which both parties make money is not a level at all.

Of course, it's a bit unfair to use BBK against top streaming Internet companies.

But as strong as Huawei, the net profit for the whole year of 2020 will be less than 70 billion.

It is conceivable from this that the Internet is an indisputable fact that it is easier to make money and has higher profits.

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

"Why do you think so much?" Cao Xingyu chuckled lightly, leaving these thoughts behind.

No matter how difficult it is in the physical industry, to him, that is not a problem!

Regardless of how much money is made on the Internet, it will ultimately be his anyway!

With the support of physical stores in the future, the four major scenes of Real King Group will definitely be subversive!

Withdrawing his thoughts, Cao Xingyu turned his gaze back to the information.

"Backgammon is also a good investment target." Cao Xingyu pursed his lips and muttered with a serious face: "And it will probably not be long before you can consider mergers or holdings."

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

At least two industries are involved.

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

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

Therefore, if BBK can be incorporated, it will definitely contribute to the growth of Real King Group.

"The market value is just over 10 billion, and it's not expensive." Cao Xingyu glanced at the market value of BBK. The price was in his expectation.

Although BBK's total assets are more than 50 billion, after deducting the total liabilities, the actual asset quota is only tens of billions.

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

"When the catering industry reaches its peak in Sansha City, it will be a good move to incorporate backgammon." Cao Xingyu said as he marked it on the paper.

Afterwards, Cao Xingyu turned to the second page.

Fuxing Group, boss Yi Dasheng.

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

According to the information, this company is mainly engaged in the development of industrial parks.

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

These include science and technology parks, industrial parks, financial backstages, cultural and creative industries parks, and logistics industrial parks.

"This should be regarded as the real estate industry." Cao Xingyu murmured.

The overall strength looks okay.

It's just that the industrial park does not seem to be very important to the Real King Group, and it is a bit too single.

The investment value is definitely in the back row.

After a pause, Cao Xingyu turned directly back.

Dihai Investment Holding Group, Li Xiaoming.

A well-known real estate company in Beijing, but also involved in property, infrastructure construction and so on.

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

"Sure enough, the real estate industry's ability to create wealth is really strong." Seeing real estate developers one after another, Cao Xingyu couldn't help but mutter.

As for Beijing, I will definitely go in the future, but it is still a very distant thing at the moment.

Therefore, Cao Xingyu directly skipped Dihai Group, which is currently not of high value to Real King Group.

Dongfang Hongyu, Li Weiguo.

The first waterproof material and construction company in China.

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

At present, the main business of Shiwang Group is still around the store, and waterproofing is not its demand.

Cao Xingyu skipped directly again.

Lance Technology, Zhou Feiqun.

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

After all, Cao Xingyu was not too surprised.

With a market value of hundreds of billions, in his current view, that's all.

The Lance Technology’s main products include window protective glass, touch screen monomers, touch screen modules, camera modules, fingerprint modules, cameras, buttons, ceramics, metal accessories, etc. The products are widely used in mobile phones, tablet computers, Notebook computers, TVs, digital cameras, players, gps navigators, car meters, smart homes, medical equipment, etc.

Its major customers are mainly Huawei, Samsung, Xiaomi, etc., so the most widely used field is 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 real opportunities for cooperation in the future.

After marking the "mobile phone industry, pending", Cao Xingyu flipped back again.

Yisan Heavy Industry, Xiang Bo.

"There is nothing to say about this. A giant in the field of heavy industry equipment has a market value of more than 200 billion." Cao Xingyu commented: "When Real King Group sets foot in independent real estate projects in the future, it will be useful for purchasing facilities and equipment."

Anker Innovation and Technology, Yang Meng.

This company Cao Xingyu met for the first time.

Unexpectedly, there is a market value of more than 70 billion yuan.

"It is one of the largest global consumer electronics brand companies with the largest revenue in China. The design, R&D and sales of charger smart accessories and smart hardware are a consumer electronics brand, and its products are exported to hundreds of countries around the world..." Cao Xingyu Get a rough idea.

Not bad.

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

Cao Xingyu was naturally not interested.

The founder of Chopsticks Hand, Su Hua.

One of the leading companies in the short video field.

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

"For the time being, it seems that there is no chance to cooperate, and there is no conflict of interest with the Shiwang brand." Cao Xingyu pursed his lips.

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

Looking back, several acquaintances appeared one after another.

Cornerstone Information Group, Li Chu.

Runhe Real Estate, Chen Shexing.

Real King Decoration, Yuan Chaohui.

These three are old acquaintances, and Cao Xingyu has already contacted them, and they have all started cooperation.

It was through these materials that Cao Xingyu had a clearer understanding of the strength of these three people.

It can only be said that the strength is not strong, and they are not listed, but there should still be billions of net worth.

Xie Zilong, owner of a common pharmacy.

It started in Sansha City, and its total number of pharmacies exceeded 600, involving 15 provincial markets, with a total operating area of ​​100,000 square meters and a market value of 20 billion.

"Pharmacy, maybe Shiwang brand will also get involved later." After thinking about it, Cao Xingyu felt that this possibility is still very high.

The Shiwang brand will definitely be involved in food, clothing, housing and transportation in the future, and the pharmacy in it is closely related to life and is a necessity for people's lives.

Cao Xingyu will naturally not let go of this area that can strengthen the coverage of the Shiwang brand membership card.

"Let's directly acquire or hold shares later!"

"Just don't worry, this pharmacy is spread across 15 provinces across the country, and now I have opened Sansha City. It is not cost-effective to spend a lot of money on the acquisition. I will talk about it after the system map is expanded a bit!"

"In the past year, the net profit is 1 billion, which is considered a profitable buy. It is much stronger." Cao Xingyu couldn't help but chuckle.

After marking the ‘deep cooperation possible’, Cao Xingyu continued to look down.

Aier Ophthalmology, Chen Bangbang.

Cao Xingyu is familiar with this company and has seen it in reality before.

He 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, and it is about the same as the common people's pharmacy!

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

It is an investment option in the future.

Cao Xingyu's gaze continued to look back.

...

Time passed quickly.

From this look, three hours passed in the blink of an eye.

Cao Xingyu watched with great enthusiasm and forgot to eat.

At this moment, a hundred companies in their early years have all been read by him.

These enterprises involve all walks of life.

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

This is also normal. Internet companies are concentrated in the coastal areas. Except for the chopsticks Su Hua of Jiang Province, none of them are from Jiang Province.

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

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

This time to check the information, Cao Xingyu opened up a lot of horizons.

He found out where he is now!

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

Take the mobile phone industry, for example!

There are several big mountains!

The competitive pressure is immense!

At the same time, the acquisition of shares and mergers and acquisitions is not a simple matter.

Even if there is a compulsory share sale card, it also requires a big premium!

The funding requirements in this area will be huge!

"Entrepreneurship is indeed an extremely difficult road!" Cao Xingyu sighed, "A long way to go!"

After chanting, Cao Xingyu collected the documents, got up and left the office.

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