Math: Valuation United States together superior product 30 billion in the United States is how to knife a questioning voice! especially the United States together up to 30 billion dollars in valuation, you Cosplay Costumes know, this valuation has more than a lot of Chinese companies currently listed in the US. Of course, there were many voices from competitors. For the United States together in the legendary 30 billion US dollars valuation, to rational analysis, the United States together in the end it worth the money?
I look at it as long as the dark horse of the competition, it probably can be analyzed out. United States together superior product has received one million yuan Xu Xiaoping seed, angel investment subsidiary of Renaissance Xianfeng Huaxing Angel Fund, in March 2011 received a Sequoia Capital ten million US dollars level A round of financing. Sequoia Capital Operation of Chinese electricity supplier first branch stocks, McCaw, its capacity in the US capital market should not be overlooked. It was the capital of the United States together chair lift, which is a positive factor, but it is pretty bride? March 2013, the United States together superior product CEO Chen Ou said in an interview revealed that the United States together superior product has been profitable. Among them, the 2012 annual sales of 2.5 billion yuan, Chen Ou said it expects 2013 sales of 6 billion -100 billion, is expected to generate $ 100 million in 2013 profits. So.
The problem comes, how the United States together superior product valuation that count? Because at present, the domestic cosmetics electricity supplier not listed in the US can be used for reference. rozen maiden wigs However, the only product in the United States will be the 'pillars' to some extent, when comparing the coordinates. Why do you say that? From a business structure to compare two similar. CD products will already from a single sale of a poop clothing to cosmetics, shoes, makeup, clothing, household dominated more diversified business platform. Similarly, the United States together with the original mainly cosmetic buy site has been transformed into and CD products will be similar, including cosmetics, clothing, baby homes and other diversified business platform. Currently, you can not get the message that the United States together and the only product category differences in the proportion of sales because of the different categories, affect profits. But the two can be compared with a similar structure platform. Back to count down only product. 2013 Q1 the only product revenue $ 310.7 million net profit $ 5.8 million. Q2 net revenues of $ 351.3 million; net profit of $ 9,000,000, Q3 earnings: net revenue of $ 383.7 million, net profit of $ 12 million. The only product the company expects total net revenue in the fourth quarter of 2013 was 580 to 590 million US dollars.
You can see what? kateky hitman reborn wigs Only product Q1 profit margin of about 1.8%, Q2 profit margin of about 2.5%, Q3 profit margin of about 3%. The only product in accordance with the official version, the only product margins in the future will continue to be promoted. The only product not yet announced 2013 full-year results, to readers projections, assuming that only the 2013 Q4 Q3 margins and a horizontal product will be 3%, then the only product in Q4 net profit is about $ 17 million. The only product of two important data came out the year: revenue of about $ 1.6 billion, or about RMB 9.7 billion yuan, net profit of $ 120 million. So now the only product will cap how much it? Total share capital 56,100,000, $ 106.15 per share, the market value of $ 5.9 billion! Only product stock price-earnings ratio = Price / earnings per share = 106 / 1.2 / 0.56 = 157 CD products will get the 157 times earnings to compare under the bar. CD products will be annual revenue about 9.7 billion yuan, net profit of 120 million dollars, the market value of 5.9 billion dollars. -US annual revenue 60-100 million net profit 100 million US dollars. This calculation, the United States together three billion dollars in valuation is still based at all. Wall Street reports that the United States will gather later in the 2014 listing, the media speculated that the United States together in the first and second quarter of this year 'crazy' sales ascribed to the impact of higher market value. Source: Hunting ChinaNetCloud OF: JI Peng