Achieve room of Fang Xiaoping China to criticize a report formerly
As flourish service appears on the market, real estate has been being owned below flourish group division + property appears on the market twice this platform. Country of Europe of eldest son of honor of Europe an administrative unit in Xizang is held by force flourish serves, second child Ou Guoyao is in charge of commonweal foundation, young son Ou Guowei is held the position of flourish real estate is not executive trustee. "The Great Master that carry water " Ou Zongrong's commerce is Caesarean, in how can you joining 3 children hand after all?
On July 10, "The 30th property " flourish serves (06958.HK) land harbor to reach place. Before appearing on the market, flourish service exceeds buy 102 times, be without be concerned aboutingly declare publicly the circumstance of first days of open quotation.
Accompanying property board piece collective waves red, up to now closing quotation, flourish service goes up greatly 23.08% , share price amounts to 5.6 HK dollar / , market prise amounts to 5.6 billion HK dollar, city is filled with rate amount to 47.56 times.
Can see, be fond of all the time " close hire " the market of Hong Kong capital of mode, it is property as always gave out to exceed overmeasure to be worth.
Contrast, the city with flourish current real estate is filled with rate 7.57 what have pity on only. See the gain ability of real estate and property again, this differentia is apart from more plunge into a heart.
Go 3 years
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the net gain that flourish serves is 20.3 million yuan respectively, 39.5 million yuan, 109 million yuan.
the net gain of flourish real estate is 1.52 billion yuan respectively, 2.233 billion yuan, 3.09 billion yuan.
At present the market prise of flourish real estate is close to 21.8 billion yuan. The profitable competence gap of 30 times, those who change is the market prise difference of 4 times only.
What is more,the rather that from where the money that flourish serves earns? In the village that is still development of Cong Zhengrong real estate?
Double mark manner
Go 3 years, the wool interest rate that flourish serves comes true from 25.8% , 26.5% , the growth of 33.4% , look foreground is ceaseless to good, and this hang on one billion two hundred and fifteen million seven hundred and fifty-two thousand one hundred and ninety-two dimensions leave flourish real estate, reach paid village ceaselessly.
Although begin from 2017, the property that flourish real estate extends tripartite actively all the time to develop business, providing this part the area to occupy with 3 years of time than raising an in part, however the accrual of this part occupies 1/3 only.
The old Xiaoou that because new friend pays the property of the village administration fee,enters government generally than invite public bidding wants tall. And flourish service is in of tripartite property win the bid do not lead 50% .
Not flourish real estate secures big client this, put to the market the competition ability that flourish serves is not outstanding.
This also is on market a lot of more current the general case that develops business property company.
Capital market is so double mark. Do not value estate development at the same time, the property that is born to estate of leech on to again at the same time is so enthusiastic.
Because sell the growth of dimensions,can touch gradually the ceiling, the profit space that estate develops also contracts ceaselessly.
solicit comments flourish, the sale that every pass one billion two hundred and fifteen million seven hundred and fifty-two thousand one hundred and ninety-two to flourish is landed, just perhaps grow smoothly, but look in property domain, what representing future entirely is new add business.
Borrowing the sale of one billion two hundred and fifteen million seven hundred and fifty-two thousand one hundred and ninety-two level of flourish real estate, the service profit that flourish service can generate to be stabilized continuously. Well-known, present community dweller should poll change the difficulty of property company is very tall.
And in the light of broad owner may embedded appreciation serves, the space in capital market taletelling is larger, also more denounce investor to like.
In the final analysis, still be fond of because of market of Hong Kong capital " close hire " mode, and be not value property industry really.
In those days property the first, sheet is in charge of the angle of the company to look from content, battalion closes not low also, but because do not depend on estate to develop advocate course of study, independent property operation mode is worth a respect to also suffer the cold shoulder of capital market in appraise.
It is 100 million profit likewise, put in estate to perhaps take the place of build a company to go IPO, the likelihood has the market prise of a few only; Put content to be in charge of a company to appear on the market, can obtain the market prise of a few.
If you are development business boss, how can be you done? No wonder estate company is being contended for with property go appearing on the market financing.
The balance art of Europe father
flourish service is not Cong Zhengrong real estate to tear apart appear on the market, both it is peaceful course corporation, group of congeneric Yu Zhengrong is subordinate. Real estate and service appear on the market independently severally, should be the arrangement of Ou Zongrong early in the morning, this and closely related the carry on plan of flourish.
Fang Xiaoping is in " the examination paper that father gives: The child, you will manage property " had carried in one article, bosses like to let the child provide the appearance of property, and this is in flourish still has another intention.
Ou Zongrong 3 brother, found severally Ou group, flourish group and the story that be in harmony believes a group, already well known.
And him Ou Zongrong also has 3 sons, cornstalk Europe country is graduated from Beijing University by force, second child Ou Guoyao is graduated from Chinese people university, young son Ou Guowei is graduated from Shanghai traffic university, as real estate 2 generation have education latent capacity quite.
Old father won't be so prejudicial like capital, "The Great Master that carry water " Ou Zongrong arranges to 3 children obviously for nothing.
2018, when flourish real estate appears on the market, eldest son Ou Guojiang of Ou Zongrong and Wei of country of young son Europe part hold 7.26% , the equity of 7.24% , two people are to learn finance and economic major one's previous experience, drill in company experience old, hold the position of when Ceng Tong the blame of flourish real estate carries out trustee.
Second child what Ou Guoyao learns is news, more low-key, responsible the job of foundation of flourish group commonweal, also have share investment business, did not share equity.
The news briefing on the line of 2019 year outstanding achievement that held this year in March, it is young son Ou Guowei and Huang Xianzhi are attended together. Ou Guowei still is held the position of flourish capital president, this also is flourish group 3 big board piece one of.
June, cornstalk Ou Guojiang announces to retreat Ren Zhengrong real estate formally to be not executive trustee.
Look at present, young son Ou Guowei is in the sth used to one's own advantage with significant flourish and real estate board piece throw more and more energy, go to the front of the stage.
And according to the exposure of book of raise capital by floating shares that flourish serves, hold besides Ou Zongrong 87.3% outside, familial in only Ou Guojiang is in flourish service is held 7.7% .
Property of in control of of Europe country strong future board piece possibility is larger. Two sons are respective the course of be assigned personal responsibility for gradually clear.
Of course, although Ou Zongrong retreats house behind the curtain, remain the ultimate control person of flourish group.
Evenly, be controller is important think.
When facing 3 children, this kind of balance more the wisdom of test Europe father.
Do 3 frat initiate family name of new generation Europe severally domain of what kind of career?