Chapter 614 [Analyst: Xingyu Technologys target market value is 2,447.9 billion]
As the listing date of Xingyu Technology is getting closer, there are more and more news related to this company.
On Tuesday, September 11, it was reported that Xingyu Technology’s additional orders for 620 chip processors reached 45 million pieces, and the order volume for the more advanced 680 chip processors used in next-generation flagship machines reached an astonishing 1.5 billion pieces.
.
Xingyu Technology has not come out to deny it. It is obviously true news, and it can also be indirectly corroborated through the semiconductor supply chain.
Not only has this news gone viral, it has also been frequently reported by the media and has attracted much attention from the technology circle and the capital market.
A person working in the smartphone industry claimed that his company had originally planned to purchase 620 chip processors from Qualcomm. The negotiations were going quite smoothly and the goods might arrive early next year.
As a result, Qualcomm suddenly said that it would postpone delivery to the second half of next year because of insufficient production capacity.
As soon as this news came out, everyone speculated that it was the result of Xingyu Technology's large-scale additional orders. Such a large-scale additional order all means that the sales of Xingyu Technology's 3 smartphones are better than everyone expected.
An additional 1.5 billion units of next-generation products were sold. This data is even more shocking. It seems to indicate that Xingyu Technology’s internal confidence in the fourth-generation products is to sell 1.5 billion units.
Good guy!
What follows is that people from all walks of life who are paying attention to this news are speculating. One of the hottest predictions is that Xingyu Technology will probably seek internationalization starting next year. The next generation of flagship products will total 1.5 billion units. Such a large volume
It certainly cannot be digested in the domestic market.
Although the Greater China market has burst out with amazing consumption potential and the sales of smartphones have exploded, it is impossible to digest 1.5 billion units in this market alone, because Xingyu Technology's tar series smartphones are not cheap and are positioned as
High-end market.
If it is a mid- to low-end market, there is no problem in digesting 1.5 billion units.
Then there is only one explanation that makes sense. Xingyu Technology is seeking to develop international business. No one in the industry or so-called experts has analyzed that it is to deal with the problem of "fragmentation" of chips stuck in the neck.
Because in the eyes of many people, especially those who admire Europe and the United States, this is absolutely impossible to happen. Now they are all claiming that science has no borders and technology has no borders.
So it is natural to analyze that Xingyu Technology wants to internationalize, open up new markets, sell mobile phones abroad, sell them to European and American markets, and start an international duel with Apple.
This also makes many people look forward to it.
At the same time, the capital market is booming.
Brokerage research and reporting agencies have begun to boast that Xingyu Technology will add 45 million pieces of 620 chip processors and 1.5 billion pieces of 680 chip processors. This year's performance will definitely exceed expectations.
Next year, we will expand into new markets internationally, directly opening up a new space for performance expectations.
Xingyu Technology's performance will inevitably usher in a doubling explosion. The profits of the tar series of smartphones are so high and the sales volume is still so large. This performance will definitely grow explosively.
Moreover, Xingyu Technology's profit share in the smartphone industry is constantly rising, and the future imagination space is extremely attractive.
A securities firm published the latest analysis report on Xingyu Technology.
Based on recent news, especially the ultra-large-scale purchase of 1.5 billion chips, which is about three to four times that of the past, internationalization is almost a certainty, otherwise the Greater China market would simply not be able to digest such a large volume.
Analysts of the report believe that Xingyu Technology's profits are expected to grow by more than 450% next year in 2013, and its net profit is expected to reach more than 80 billion in 2013.
The analyst believes that there is more than 90% chance that Xingyu Technology will surpass Zhong Petroleum in terms of market capitalization next year and become the number one listed company in the U.S. A-share market.
Among the listed companies in the A-share market, Zhong Petroleum ranks first in market capitalization with a market capitalization of over RMB 16 trillion.
It is worth mentioning that Zhongnan Petroleum was listed in November 2007, with an opening price of 486 yuan, and the market was abuzz. At that time, Zhongnan Petroleum's market value was as high as 89 trillion yuan, ranking first in the world at that time.
Brokerage analysts not only believe that the listing of Xingyu Technology will surpass Zhong Petroleum and become the first in A-share market capitalization, they have given a target price of 889 yuan per share and a target market value of 2,447.9 billion yuan.
This research report was also widely circulated among stock investors, causing a heated discussion.
[A brokerage analyst predicts that Xingyu Technology will see 24 trillion next year?]
[Are you crazy?]
[According to the target market value given by this so-called analyst, the issue price of Xingyu Technology is 254 yuan to 889 yuan, a cumulative increase of 250%...]
[Haha, 250, this analyst has something.]
[Is that intentional? You’re laughing so hard...]
[There are also zeros and decimal points, which looks very professional.]
[Whoever believes that they are just like leeks, think of Zhong Youyou.]
[Before the listing of Zhong Petroleum, experts said that if you buy Zhong Petroleum, you won’t have to worry about food and clothing. After the listing, I just want to ask you how much worry you can have, just like buying a full warehouse of Zhong Petroleum...]
[I think Xingyu Technology is still different. First of all, the industry is different. The issuance market value is set at 700 billion. It seemed high before, but now it seems really not high, maybe even low.]
[The analyst's target price may be a little outrageous, but I think the expected profit of 80 billion next year he said is very promising. It is true that Xingyu Technology has placed orders for 1.5 billion pieces. Internationalization should only wait for the official announcement, otherwise it will not happen.
Is it possible to buy so many chips and keep them for storage? Obviously impossible.]
[Purchasing 1.5 billion pieces means that Xingyu Technology’s fourth-generation products will be mass-produced with 1.5 billion units. Even if 100 million units are sold, the profit should be 80 billion, right? If the R&D investment is slightly less, the profits will come out.
.]
[If calculated based on the net profit of 80 billion, and Xingyu Technology's issuance market value of 700 billion, the price-to-earnings ratio is not 45 times, but plummets to 875 times. Even if it is a net profit of 50 billion, compared with the price-to-earnings ratio of the issuance market value
It’s only 14 times.]
[Calculation like this, what the hell? With such a low price-to-earnings ratio of Xingyu Technology, why do I suddenly feel that the analysts are not overestimating it? If calculated based on a net interest rate of 80 billion, even if the market value reaches 100 million, the corresponding price-to-earnings ratio is only 30
Times better.]
[The premise is that Xingyu Technology’s performance next year will really explode, which is now expected.]
[There is definitely a net profit of 50 billion next year. Think about the additional 45 million pieces of 620. The current 3 is still selling well. This company is definitely not Zhong Petroleum.]
[No matter what, I think Xingyu Technology can definitely be bought with confidence when its market value is one trillion.]
…
A brokerage research report triggered competing analyzes and discussions among the billions of investors in Big A. Some people thought it was overvalued, while others thought it was not.
All in all, the differences are very large.
When it was first revealed that the market value of Xingyu Technology IP was set at 700 billion, investors were stunned and almost unanimously believed that it was seriously overvalued and did not give a premium to the secondary market at all.
But today, with the sales of 3 mobile phones, especially the news that Xingyu Technology has madly added chip orders in the past two days, it has triggered speculation in the capital market, and the expectation of business internationalization has opened up a new market for the market.
Big space for imagination.
The issuance market value is 700 billion. Now everyone thinks it is very reasonable and not overvalued.
What everyone is arguing about is how high the upper limit of Xingyu Technology is. This is a very different point.
However, there is no disagreement among the investors. Xingyu Technology has a market value of 700 billion after its issuance. As long as the stock is successful in the lottery, it will definitely make money steadily. Before, many people were worried that the listing would break the stock price, but now no one will believe that the stock price will break.
