Chapter 674: Zhuang Yanei is the invisible poor (Leader 7/10, this chapter 3K.)
When the manor was selling seeds soared, in the headquarters of Jinhui Investment, a large local financial company in Xucheng, a group of people were busy.
This weekend, the annual "Golden Wealth Festival" is about to begin. At that time, Jinhui Investment will release a third-party VIU economic report, and will also release the VIUU rich rankings, VIU female rich rankings, VIU young rich people under the age of 40, VIUU annual new rich rankings, and other rankings.
As an important economic city in the state, there are countless wealthy people in the Void City. The top group is almost at Dugu Qiubai, and there are not much changes over the years.
However, the "ranking of young rich people under 40 years old", "the ranking of new rich people of the year" and so on are changing.
Although the "Golden Weather Festival" does not invite the media, does not broadcast live to the outside world, their investigation reports and investment analysis are not released for free, and investors need to buy it, after the Golden Weather Festival every year, their rankings will be circulated on the Internet for a while, who is richer, who is the new richest man, who is the new young rich man, who suddenly becomes popular this year are all topics that the people of Xucheng are talking about.
And the rich are often proud to be on the list.
For the rich people in Void City, only the top few people can be on the ranking of the rich people in the entire state, and most other people cannot be on the list.
But being on the list is not only an honor, but also a win-win situation.
Jinhui Investment has changed from a local investment company to a famous company in the state. This list of rich people has been recognized by the rich and has increased their credibility. For some rich people with high debt and difficulty in operating the business, being on the list means that they can be more confident and trustworthy when dealing with other companies and banks.
Therefore, in the Xucheng area, the annual Golden Race Festival is definitely a grand event, and it is worth looking forward to by everyone on the list.
In previous years, at this time, Jinhui Investment’s people were busy setting up venues, sending invitations, inviting performing guests, and rehearsing on the spot.
But this year is a bit different.
Because until now, the editorial staff of the Jinhui Festival, who is responsible for publishing the "Jinhui Rich Ranking", has not yet confirmed the most important thing - the ranking of the rich.
Now, they are busy stating the data, clarifying the context, and trying to figure out the assets of one of the people on the list.
The village is not far away.
The problem is that until now, they have not been able to sort out the assets not far from the bank.
Why is this person so evil?
For financial institutions, publicly investigating a person's wealth is not the easiest thing, and most of the time it takes estimates.
For many rich people, even he himself doesn't know how much money he has.
The supervision of wealth is a problem. Even banks and governments do not necessarily know someone’s assets, let alone third-party institutions.
The main method of Jinhui Investment investigation is to query, obtain public equity reports, financial reports of listed companies, and collect public reports of media candidates and candidate companies, especially financial media reports.
But the problem is...
Zhuang Buyuan, the newly listed person, is definitely a low-key person. He has no listed company and almost never accepts interviews. He is engaged in agriculture and engineering that are not very eye-catching.
If it weren't for the "Fantasy Mountain Tunnel" project that pushed him to the forefront, I'm afraid he is not known yet. Even if someone knows him, his impression of him would probably be a "farmer".
So how much is this "farmer" worth?
The lack of information has made everyone understand him too little.
Based on the public information, it is impossible to accurately estimate it.
In the editorial department, he has everything he says about.
Some people think that his net worth is at most one billion, while others think that his net worth is as high as tens of billions.
It was quarrel.
A person’s net worth is actually very simple. Calculate the net asset value of a person means total assets minus total liabilities.
But these two simple items almost made the editors beat him up.
Finally, the editor-in-chief couldn't stand it anymore. He clapped his palms and said, "Wait, let's read it from the beginning, summarize all the information and make the last evaluation!"
"Zhuangbuyuan started with agriculture, so let's start with agriculture. So how many assets does this agricultural product company called "Almighty Manor" have?"
"A agricultural product company has just been established for less than half a year, and its registered capital is 200,000 yuan. How much output value and profit can it have? For agricultural products, in half a year, it can at most be harvested."
"You can't say that in the early Mid-Autumn Festival gift market, the gift box sets produced by the All-Round Manor accounted for half of the gift market in Xucheng. These high-value-added gifts have very high profits."
"We have all done gift market research. No matter how high the price of gifts is, most of the profits are left in channel dealers. This gift boom, the most profits should be made by several agricultural product trading companies, such as farm trade and Songhua Trade. They also rely on this batch of big sellers to enter the annual ranking of new rich people. The profits left to the All-Nation Manor will not be much, let alone these high-quality vegetables, management and production costs are very high. According to the current information, I estimate... the assets of All-Nation Manor are about 50 million to 100 million?"
"One hundred million is too little, I think it should be around 500 million."
"A agricultural product company has grown from 200,000 registered capital to 500 million in half a year? Are you dreaming?"
"Okay, 200 million, I don't think it's possible to lose any more."
"Okay, the all-round manor is worth 200 million yuan, after all, it is not his main business..." The editor-in-chief recorded this data, "The next thing is to dig a tunnel for the main business."
"The Xucheng Tunnel, a subsidiary of Zhuangbuyuan, has built two Huanshan tunnels this year. Although the cost has not been disclosed to the public, based on the 42 billion yuan construction cost of Zhoujian Group, it has built two tunnels. In other words, the annual output value of the Xucheng Tunnel this year exceeds 80 billion yuan... It's amazing, with an output value of 80 billion yuan!"
"But as we all know, the profit margin of tunnel construction is extremely low, and the profit margin of Zhoujian Group has always hovered below 2%, and some years will even lose money. The huge labor cost and equipment cost are both problems. The faster the construction speed, the higher the cost. The two tunnels built by Xucheng Tunnel are conservatively estimated to be around 100 billion yuan, and the property rights replacement of the Xucheng government will be gradually realized in the next few years. He should now have high debts... Overall, I think Zhuang Buyuan is now operating debts, with debts between 10 billion and 20 billion yuan."
Everyone blinked.
Negative assets?
"He is also the major shareholder of Huanzhou Development, and this asset is about 10 billion to 20 billion..."
Smeared?
"Among his assets, the All-Round Zoo should be a relatively high-quality asset. Currently, the two zoos, plus their tiger rental services and brand value, should have assets of about 3 billion..."
"Where is Zhuangji Winery?"
"Zhuangji Winery's current turnover, influence and future development, Zhuangji Winery's assets should be around 2 billion, but this money is in the name of Zhuang Yewei. Although they are father and son, Zhuang Yewei is listed on the list as a new rich man this time, and the assets should not be combined and counted."
"Big bird is home?"
"This is amazing. I've been in a turbulent place recently, but I took a look and found that the major shareholder of Danui's home is Gao Chai."
"The new rich man next year can't run away."
"It's true, maybe next year I will be the richest man under 40."
“Where is the development around Jiahu?”
"It doesn't seem to be him, he is a man named Dun Yali. We have also sent an invitation this year."
“The field of medicine?”
"The medical field is very powerful. He is acquiring a pharmaceutical company, but the negotiations have not been completed yet. It is unknown whether the money is a bank loan or a payment in other ways. Moreover, the R&D costs of the pharmaceutical industry have always been extremely high, so I personally tend to be negative assets..."
In the editorial department of Jinhui Investment, everyone who followed and followed the calculations of the assets not far away from the bank, and then eliminated them one by one. In the end, everyone looked at each other.
"This bank is not far away, and the personal net asset value is at most one billion."
"It shouldn't be. A person with so many big businesses shouldn't have so few personal assets."
"But according to our consistent calculation method of Jinhui Investment, there are so many."
Total assets minus total liabilities, that's right!
The industries that Zhuang Buyuan is engaged in are all high-cost industries.
Such companies with heavy assets are often prone to falling into the situation where they seem to have a lot of assets, but in fact they have already gone bankrupt and have completely debt-related operations. Once there is any trouble, they will collapse immediately.
No matter how glamorous it looks, it is definitely a non-performing asset.
"If this Zhuang Buyuan could play this plate without being dragged down by debt, he would definitely be a rich man, but I don't think much of it..." The editor-in-chief commented at the end.
In the manor, Zhuang’s father happily took an invitation to Zhuang Buyuan to show off: "Look at it, your father, I was invited to attend the Golden Furious Festival, the new rich man of the year! Two billion! I have a net worth of 2 billion!"
"What's so great about this?" Zhuang Buyuan curled his lips, "I must be much richer than you. Mr. Liu, have I sent my invitation? Didn't they say they wanted me to attend?"
Liu Jinge said with a strange look: "I just received the call, and Jinhui Investment canceled the invitation..."
"Why?" Zhuang Buyuan was puzzled.
"The person in charge of the Golden Weed Festival said that they recalculated your property and believed that your current personal net worth is only 980 million, which is lower than the minimum threshold for being invited..."
"This is impossible!" Zhuang Buyuan was furious, "What kind of bad agency is this? He actually said that I only have 980 million yuan. My money must be more than this! Mr. Liu, how much money do I have?"
Liu Jinge looked at the manor’s account and said, “It’s a little more than that.”
"More? How much?"
“A little more.”
"How much more is it? How much does it cost?"
"Billion."
The village is not far away:...
Sure enough, there is a little more.
Damn, I really have no money again!
"Son, don't be sad even if there is no invitation letter. Dad can take you to attend. Dad will protect you! Just be your playboy, Zhuang Yanei!" Zhuang's father touched Zhuang's head proudly.
Little thing, your dad will always be your dad!
Chapter completed!