Chapter 862 (1/2)

After the statistical review in October, the annual financial report of fy1995 of Denise entertainment before its merger with metropolitan ABC Group was officially released on November 6, and the new shares of Denise entertainment group were reopened on the same day.

The purpose is self-evident.

During the four quarters from October 1994 to September 1995, the total annual revenue of danielis entertainment group was US $27.617 billion, and the net profit of the company was US $3.723 billion, with a net profit margin of 13.5%.

because daniresi entertainment adjusted the fiscal year plan after last year's IPO, adjusted the original natural year's statistical cycle to October each year as a starting point, and wanted to carry out a year-on-year comparison. It could only push forward four quarters, that is, from October 1993 to September 1994, the same four quarters, total revenue amounted to 20 billion 561 million dollars, and net profit was 2 billion 319 million dollars.

Based on this reference, the revenue of Denise Entertainment Group in fiscal year 1995 increased by 34.3% year on year, and the net profit increased by 60.5%.

Even though many people understand that this financial report of Denise entertainment is ”tailor-made” for expansion operations such as the merger of metropolitan ABC Group in the year after the IPO, it is undeniable that Denise entertainment group itself does have a very strong profitability, with an annual net profit of $3.723 billion. There may be some financial tactics such as delaying the payment of accounts payable, The actual moisture is not too much.

After all, Denise Entertainment's popularity in movies, TV and games is obvious to all.

Therefore, it is not that the net profit of danielis entertainment this year is too high, but that the company has been deliberately suppressing its own profits in the past and putting more funds into expansion.

This is a demonstration of profitability.

3.723 billion US dollars. In simple terms, the profit seems not so eye-catching. By comparison, we can see how powerful Denise Entertainment's earning power is.

According to the financial reports of American enterprises up to September this year, it can be roughly estimated that only six of the domestic enterprises in the United States in 1995 had net profits that could exceed that of Denise entertainment, namely general motors, Ford Motor, ExxonMobil, general electric, Philip Morris and at & amp; t.

None of these six companies is an old business oligarchy that has been handed down for decades and hundreds of years. Among them, Ford Motor, which is expected to make the highest profit, has a net profit of only US $5.3 billion in the whole year, which is not a big gap with Denise entertainment.

Denise Entertainment Group is not only the seventh largest enterprise in the United States in 1995, with a revenue of 27.617 billion US dollars, but also has entered the top 30 ranks.

All this took only nine years.

Not only that, such as general motors, Ford and other old giants, have basically lost their long-term growth.

In particular, under the impact of Japanese automobiles, the automobile industry has a very obvious downward trend. Otherwise, the US government will not start automobile trade negotiations with Japan in the first half of the year. Unfortunately, this time, it did not succeed like the semiconductor war in the 1980s. Therefore, the rapid decline of the US automobile industry is inevitable.

In contrast, danelis entertainment, which has been the best in the media and entertainment industry, is still full of vitality. Its film, TV, game, music and other businesses go hand in hand. After entering the $10 billion club, its revenue growth has not slowed down, and it still maintains a continuous and strong growth rate of 30% over the previous year.

and, after leaving many competitors, danireis entertainment has not stopped but has been acting frequently. Recently, the acquisition of ABC group has just completed. In a flash, it announced the Rome Universal Studios project with an investment scale of 2 billion dollars.

universal studios have gradually changed the pessimism of Rome Universal Studios due to the failure of Paris's Disneyland to follow the fast track of entertainment and the rapid development of Osaka Universal Studios.

As a result, on November 6, even if the opening market value has reached $216.6 billion, the new danilisi entertainment stock price is still strongly sought after by the capital market.

On the first day of reopening, the share price of Denise entertainment soared to $93.25 from $83.375 before the suspension last month, up 11.8% in a single day.

This is not 11.8% of some small enterprises with a market value of only tens of millions of dollars, but 11.8% of a giant enterprise with a market value of more than 200 billion dollars. At the close of the day, the market value of dannilis entertainment jumped to US $242.1 billion. In one day, the overall book income of dannilis entertainment shareholders reached US $25.5 billion.

In the New York Times on Tuesday, the front page headline used only one word to describe Denise's one-day increase in entertainment's reopening: crazy!

It can only be described as crazy.

Ford, which is expected to rank first in net profit in the United States, has a market value of only $38.1 billion at the close of November 6. The auto giant, with annual revenue of $120 billion and net profit of more than $5 billion, has a market value of only one sixth of that of danielis entertainment group, and a P / E ratio of only seven times.However, even Warren Buffett, who pays attention to value investment and likes bottom hunting, will not buy Ford's shares at this time, because the American automobile industry is doomed to be replaced like the semiconductor industry after the failure of Washington government's pressure on Japan.

The price earnings ratio of only 7 times shows that the U.S. auto industry has basically lost the value of long-term investment.

In contrast, even if the P / E ratio has reached 65 times, Denise entertainment is still highly sought after by the market. Even though many capital operation tendencies have changed from investment to speculation, it can be confirmed that Denise entertainment definitely has long-term holding value.

Simon returned to Los Angeles on November 5.

Started a stable rhythm of work again, went to work in the morning, went home in the evening, and occasionally attended some cocktail parties that could not be pushed.

In fact, the work has been continuously decentralized.

If not for the unanimous opposition of Denise Entertainment's board of directors and senior management of the group, Simon would like to remove Denise Entertainment's position as chairman after the completion of the merger and acquisition of metropolitan ABC Group and rely on more than 90% of the voting rights. Even if he retired from the background, he would still be the absolute controller of Denise entertainment.

Unfortunately, no one agrees.

Simon's symbolic significance to danielis entertainment is too important, even if other affairs of the westero system are always absent from the board of directors of danielis entertainment. As long as he still holds this title, both the insiders and investors of danielis entertainment will have full confidence in this company.

On the contrary, once Simon abruptly leaves office, it is likely to bring unnecessary risks to the company.

No matter how to explain it, the stock price has fallen a lot.

If cersei capital wants to short its own company, it can use this move.

Authorities, the result is more likely to be a sec gain.

What a fine.

Back in Los Angeles, Simon spent most of his time back in a series of film projects owned by Denise entertainment.