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357. Retrospect and Outlook

It was still the third day of the Chinese New Year. This year is more boring than in previous years.

Without Zhang Xiaolong's appointment, he could not go to the company too diligently.

Lu Zhou sat on the sofa, watching the two "little caterpillars" on the ground squirming happily. Is this child still very energetic?

In the second half of last year, Ye Qingchen had been spending time preparing for the postgraduate entrance examination, but the result was recently revealed and he failed...

This wife was very resentful, and Lu Zhou thought it was normal that she could not pass the exam. After all, it was not easy to pass the exam. But if she failed, Ye Qingchen had to find a place to do an internship and work. Lu Zhou thought, that was probably better if it was tied to her.

When the holiday was just on the other hand, Ye Qingchen finished the exam anyway, Lu Zhou asked her to sign up for a driving school class. He thought about buying a car again. If the child was older, sometimes if he had to go to work, it would be convenient for Ye Qingchen to drive.

On the first day, I went to the driving school to study, and the instructor went to Xinghui Garden to pick up Ye Qingchen for class. I don’t know if the other students were afraid that the instructor would be too fierce or what happened. Anyway, the seat was left with a co-pilot for Ye Qingchen.

"Coach, what's this?"

"brake."

Just as he drove out the traffic light intersection at Xinghuiyuan turn, Ye Qingchen gave the coach foot brake...

Lu Zhou heard Ye Qingchen's description afterwards, and he was so angry that he laughed.

Ye Qingchen looked like she was wearing sunglasses, "I, Ye Hailong, have been a coach in the university town for five years! For the first time, a student dared to step on my brakes..."

She continued, "I was about to hit the car in front of me, so I stepped on it. As a result, the coach beat me up anyway, hit Nima and ran away from him.

In addition to this, Highlander at home has also been tortured recently. Lu Zhou has been with Ye Qingchen after get off work and practiced reversing for her. It is really common for Ye Qingchen to reverse and roll into the flower trough.

"It's also a long way to go!"

At this moment, Ye Qingchen and Wang Fang are busy working in the kitchen, and Lu Yong is not sure where to go.

Lu Zhou got up from the sofa, moved the two babies, and then went to the study to get the flatbed.

Throughout the development history of 2011, all companies in Menggu had already counted all the data before the New Year. However, most of them were superficial, and in previous years, they usually had to hold meetings and summarize them after the New Year. Mengguang's is even more troublesome because it was necessary to disclose financial reports before listing.

Lu Zhou sat back on the sofa, looking at Meng Guang’s message on one side.

As early as the first half of this year, Mengguang's total revenue of its main business reached 400 million yuan. After the second half of the year, Mengguang's revenue doubled, reaching an astonishing 800 million yuan. The annual revenue was 1.2 billion yuan, which was 6 times the revenue in 2010.

In the first half of the year, the cost was 350 million, which directly led to the profit remaining at that time of 50 million. However, by the second half of the year, the cost only slightly increased to 400 million. So, the profit of Mengguang in 2011 was an astonishing 450 million.

So, to be honest, Mengguang's pressure is the smallest among several companies. Even the B round of financing does not need to be spent on himself. He can pay 100 million to Chuangmeng and 100 million to Menggu.

When I saw the Mengguyun column again, the situation was not very ideal.

Mengguyun has already spent 200 million yuan to build the Guangnan Data Center, 100 million yuan is used for construction, and 100 million yuan is the newly added machinery and equipment.

In the overseas expansion, the four nodes including Southeast Asia, the United States, Europe, and Africa have already allocated 400 million yuan.

At present, Guangnan Data Center is still 200 million away, while Northern Data Center is still 400 million away. As for the super-large data center expected to be built in Binhai, it seems that we cannot consider it for the time being.

Mengguyun's revenue in the first half of the year was 500 million yuan and 1.2 billion yuan in the second half of the year. It is already a bit reluctant to bear the growth rate at this time. No matter how much it is, it still needs to wait until the Guangnan Data Center is put into production one after another before setting the fixed rate.

As for WeXun, it is still in a loss state from beginning to end. After all, as for WeXun, developing user base is more important than making money at the moment.

WeChat also raised hundreds of millions of dollars during the Spring Festival last year, but the flow of the money was clear, which was nothing more than marketing expenses during the Spring Festival and channel expenses paid to the channels.

In September 2011, WeChat raised nearly 300 million yuan in funds, mainly to repay Meng Guyun's debts, and the rest were marketing expenses for a large number of activities. The company still had a lot of money on its books, which was to be used for various promotions this year.

In December, I also raised a loan, but it was used to pay for whatsapp acquisition fees. The money was not heated up anyway, so I paid it directly to Qom and Acton.

After seeing it almost finished, Lu Zhou put the tablet aside and then moved the two babies to another position.

He just sat next to the two of them, leaning on the coffee table and staring blankly.

If nothing unexpected happens, this year Bao Bufan Huaxing will be able to obtain the underwriting qualification of Xiangjiang IPO and start its investment banking journey.

Menggu Advertising has produced two financial reports this year. The first year was slightly profitable, and the second year was a profit of 450 million yuan. By the beginning of next year, the statements for the past three years will be prepared. Of course, based on the existing company listing history, listing will be launched in three years, almost as fast as lightning.

Lu Zhou thought, judging from the current profit of Menggu Advertising of 450 million yuan, this is about 70 million US dollars. If the market gives a price-to-earnings ratio of ten times, it would be reasonable for Mengguang to have a valuation of 700 million US dollars.

You should know that Mengguang's valuation in round B was about US$400 million. At present, its revenue and profit levels are far beyond the expected value given by institutions.

As for choosing to list on A-share, Mengguang's current situation is not realistic. Although Mengguang makes profits every year and does not adopt the design of A-shares because of its concentrated equity, it will take a lot of time and cost to list on A-shares just to clear the institutions that came in in the early stage and demolish vie. Although this market still prefers Internet companies, it can give a 100-fold price-to-earnings ratio at will.

Lu Zhou smiled, just think about it. For now, the ones suitable for Mengguang are Xiangjiang and Nasdaq.

According to Lu Zhou's plan, Mengguang will only raise another round of funds this year. To be honest, there is no place to spend the money raised. Most of them can only be thrown into Chuangmeng Fund and handed over to Chuangmeng Fund to invest in various types of companies in the Menggu ecosystem.

It is okay to rely on Chuangmeng’s team, Lin Xin and himself to go to the market to find money, but Meng Guang already has a lot of money, so it’s better to use money to make money.

"It's time to eat!" Ye Qingchen shouted in the dining room.

After hearing this, Lu Zhou directly picked up two small caterpillars on the ground and put them on the crib in the bedroom one by one.

This challenge in 2012 cannot be a simple matter.
Chapter completed!
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