Chapter 401: Backer Wu Hanlin?
"According to the information we found, Comerlon Supermarket now has 123 supermarkets across the country, including six supermarkets that are being renovated and two supermarkets that are negotiating investment intentions."
"Most of these supermarkets are distributed in first- and second-tier cities, of which 60% of supermarkets have good operating conditions, 33% have monthly operating operations of more than 20 million, and only about 15% of supermarkets are in a loss-making state."
"According to our professional evaluation, Comerlon's overall market value is no less than 4 billion, the company's cash flow is no less than 1.5 billion, and its monthly revenue and profit are about 40 million."
Li Jin looked at the information and nodded and said, "No, very professional and profound."
The vice president looked happy and even more afraid to neglect.
"But Comeron is not without problems, we find that they have huge debt risks."
"First of all, the settlement cycle for each of their supermarkets is as long as 6 months, far exceeding the 4-month standard of the peers. It has changed from recognized quarterly settlement to half-year settlement. This is because of their large size and strong sales capabilities, suppliers dare not speak out."
"Every six months, they need to pay at least about 2 billion in settlement payments, and according to our survey, at most half a month, their settlement period will be."
Li Jin heard this and knocked out the documents and said, "What do you mean is that the funds on Comerlon's books are actually not enough to pay the supplier's payment. Even if the operating income of all supermarkets in the past half month can only be barely eliminated?"
The deputy general manager nodded and said, "That's right. In addition, they have a commercial loan of 600 million yuan in ICBC, which will be repaid in three years. At the beginning of next year, the repayment date for their last loan, including principal and interest of 220 million yuan."
"According to the survey data, Comerlon still has serious private lending debts, and the total amount is still under assessment. It can be determined that there are more than 800 million yuan, which is a heavy burden."
"A company with a market value of only 4 billion yuan actually has 1.4 billion foreign debts, of which at least 800 million is high-risk private lending. Wan Shouqiang is very brave." Li Jin said lightly.
"Originally, Comerlon was a huge hematopoietic machine and had a very strong profitability, but it was mainly because Wan Shouqiang, a man who is a gambler by nature. He is a well-known rich boss of Ao City. He has to go to Ao City every month, and the winning or losing is calculated by hundreds of millions of dollars at a time."
Li Jin raised his eyebrows slightly and drew a circle on the word "gambling" in the information.
"I remember he also has a backer in Yanjing. Did he find out?" Li Jin asked lightly.
Ten years ago, the battle between him and Su Dongsheng was finally helped by Yanjing's capital, and he had to count this.
"It's found out."
The vice president did not disappoint Li Jin and lowered his voice and said, "It's on the last piece of paper."
Li Jin flipped through the end of the information directly, looked at the content on it, and showed an unexpected expression on his face.
"Wu family!?Wu Hanlin!?"
The deputy general manager nodded and said, "Wu Hanlin and Wan Shouqiang have a relationship that many people don't know. They are brother-in-law, and Wan Shouqiang's wife and Wu Hanlin's wife are real sisters."
"In addition, at the beginning, Wan Shouqiang's nephew was taken by Wu Honghe. These two people were not only nephews and uncles, but also senior gambling friends. Otherwise, this rural local bun, who came from the countryside, wouldn't know about a place like Aocheng?"
More than ten minutes later, the vice president left the hotel room respectfully, and then took it to the door carefully and left proudly.
Chapter completed!