v3 Chapter 692： Cash cow with a monthly turnover of 400 million

Rebirth: The Most Powerful Henry 692 Author Huang Laoshi Full text number 2386 words

The audition for "Super Girl" is still in full swing. More and more contestants have come to the fore. Many of them have superior backgrounds and use resources to enhance their reputation. Global TV does not stop them from doing this. Anyway, this is a massive starmaking movement, and they are willing to do it themselves. Anyway, the final beneficiaries will only be Universal TV and Universal Music. As long as smart people know the unspoken rule, as long as they are still playing, they must never sign with other music companies. Otherwise don't want to go down! Global Satellite TV is getting better every day, and other companies are not bad. Take Jiuding Real Estate Group, for example, as soon as October entered, real estate transactions skyrocketed. This is mainly due to the land that Xia Yu asked Liu Shihao to buy before and the real estate under development. On the 1st of this month, the Shek Kip Mei-Kwun Tong section of the Heung Kong MTR was officially opened to traffic, and the housing prices along the MTR soared. In just ten days, it rose by three stories, which is crazy. On the contrary, the faster the house price rises, the more home buyers. Every day, the sales hall is crowded with people, all of them are inspectors or lotteries. Jiuding Real Estate Group has the most land in this section! Of course it is the most profitable! Hearing Liu Shihao's report on the turnover, Xia Yu just smiled and encouraged him. According to some media statistics, since the beginning of the year, the average price of residential buildings in Xiangjiang has increased by 52% compared to the beginning of the year. In particular, after MacLehose returned from the mainland in April, he brought a message from the north to "relieve Hong Kong investors", which relieved most Chinese in Hong Kong. Xia Yu knows very well that the housing prices in Xiangjiang are still going up! This is not something he can stop. Rather than being compassionate for others, it is better to follow the trend of the times and grow yourself together. Generally, the fourth quarter of each year is a time when the consumption field has risen sharply. To this end, Xia Yu specially convened the heads of the major subsidiaries of Jiuding Retail Group for a meeting in order to understand the details of each company and make strategic adjustments. The meeting was held in Jiuding Building. The leaders of five companies including 7-11 convenience store, Wellcome Supermarket, Wanning Pharmacy, IKEA Furniture, and Jiuding Electric attended the meeting. Xia Yu sat at the head, and the staff in the chairman's office sat at the end to take notes. Looking across the faces of Fu Kai, Zhou Cheng, Wang Liang, Lin Sen and Song Hai, Xia Yu nodded in satisfaction. "First introduce the achievements of each company, and then propose the problems encountered in the development process, and the on-site solutions that can be solved." After Xia Yu set the tone, he looked at Fu Kai, who was sitting on the far left. The latter understood and got up to the people present. He bowed slightly and then began to report his results. "With the strong support of the chairman and the parent company, the 7-11 convenience store chain has achieved leaps and bounds. The company has been practicing the plan to open ten stores a week and now has 450 stores, of which Xiangjiang Kowloon owns 120 stores, 100 in the New Territories, 150 on Hong Kong Island, and 80 in Old Town." "The company has 1,520 employees...Last month’s total revenue was HK$107 million..." Not only was Xia Yu not happy about this result, but frowned slightly. This expression fell in Fu Kai's eyes, and there was a thud in his heart. In fact, in Xia Yu's view, this speed and revenue are indeed low. He knew very well that in 2012, the 7-11 Convenience Store Group had more than 56,000 stores around the world, of which the island country had 16,000 stores. Among them, the 16,000 stores in the island country alone have 300,000 employees, and the annual turnover has reached more than 60 billion US dollars. Calculating carefully, the average annual turnover of a store is 3.75 million US dollars, and the average monthly revenue reaches 310,000 US dollars. But now counting the 7-11 convenience stores in Hong Kong, the 450 stores have a combined monthly revenue of 10700 million Hong Kong dollars, an average of 2.37 million Hong Kong dollars per store, which is only a little over 50 thousand dollars in U.S. dollars. The gap with island countries has reached more than five times. Although the time span is forty years, Xiangjiang is not a mainland, and the gap with Europe and the United States is relatively small, and it will not depreciate money six times in 40 years. Therefore, the 7-11 convenience store chain still has a lot of potential to be tapped. After Fu Kai finished the report, he looked at Xia Yu nervously, and he was secretly relieved when he found that the chairman had no idea to speak. "Zhou Cheng." After Xia Yu called, Zhou Chengma of the Wellcome Supermarket stood up and bowed, and then began to report. "Report to the chairman, Wellcome Supermarket Co., Ltd. opened a new supermarket in Mong Kok again in September. At present, the company has 12 large supermarkets and 18 medium-sized supermarkets. The average monthly revenue of large-sized supermarkets is about 6 million. The monthly revenue is about 3 million, and the total revenue last month is 132 million Hong Kong dollars..." Xia Yu is still satisfied with this result, but there is still potential to be tapped. In the future mainland, as long as the business location is good, a 10,000-square-meter super-large supermarket can have an annual turnover of 500 million yuan and a peak monthly revenue of 41 million ~ www.novelhall.com~ converted to HK$4,000. Six million. Now the large supermarkets in Xia Yu are generally between 1,500 square meters and 2,500 square meters, and monthly revenue of 6 million Hong Kong dollars is certainly not bad. Moreover, the population density of Xiangjiang is much larger than that of the mainland, and the consumption level is of course higher. "Report to the chairman..." Next, Wang Liang, Lin Sen, Song Hai and others reported one by one. After expansion, Wanning Pharmacy now has 48 stores in Hong Kong and Austria. Because of its relatively large scale, IKEA Furniture City currently has four flagship stores, three in Hong Kong and one in Omen. The last is Jiuding Electric Co., Ltd. Xia Yu heard Song Hai’s report last month, so I won’t mention it here. In general, the five subsidiaries of Jiuding Retail Group have developed well. Retailers have a scary cash flow, and they can suppress the supplier's payment for one to three months. The money is in Jiuding Bank. The monthly turnover of Jiuding Retail Group can reach 400 million, and it has made a huge contribution to Jiuding Bank. "I have listened to your report. Generally speaking, it is worthy of praise." "However, with the exception of Jiuding Electric, the expansion of the other four companies is limited to Xiangjiang and Longmen. Although it is conducive to laying a solid foundation, but one year Time is enough, it’s time to go out of Hong Kong and Macau." Xia Yu concluded. Lin Sen, the general manager of IKEA Furniture Co., Ltd. hesitated to say something, Xia Yu nodded to him, and he immediately reported: "Chairman, our IKEA furniture situation is special." "IKEA is a Swedish company. At that time, Yihe During the period, in order to open up the market in Xiangjiang, IKEA franchised Jardine to open a store as a franchise store, and only needed to pay a certain franchise fee every year." "After you take over, this clause will remain unchanged, but IKEA Furniture only provides The franchise rights of Xiangjiang and Longmen have been lost, so if we want to expand abroad, this is a difficult problem we have to face!" PS: Ask for votes