The data just reported by Lin Wanqing flashed through his mind:
Revenue 12.8 Billion (person RMB), returned to his mother Net Profit About 900 Million (person RMB).
There was almost no need for mental arithmetic, and a clear comparison appeared before his eyes.
Based on a rough calculation based on the current Hong Kong Dollar to RMB Exchange Rate of about 0.89, the profit of 900 million people RMB is equivalent to Hong Kong Dollar of about 1.011 billion yuan.
A company with an annual profit of more than one billion Hong Kong Dollar has a market value of less than three billion.
The price-to-earnings ratio (PE) is less than 3 times.
This number, like a basin of ice water, extinguishes any slight warmth that may arise from book profits.
Even at the beginning of 2017, there were general doubts about Mainland Real Estate Stocks and the valuation of Hong Kong Stock Market was extremely low.
This valuation is also unusually low, giving off an air of being completely "abandoned" or "fearful" by the market.
Zhao Jianguo's Unpublicized Case, the depth of its shadow far exceeded his previous estimate.
Rather than waiting and watching, the market is voting with its feet, booking losses in advance for worst-case scenarios.
This is not cautious, it is almost a "judgment"-like underestimate.
The fingers tapping on the table suddenly stopped.
The more circuitous and tentative plans that originally came to mind were quickly abandoned.
In this case, any ambiguous signals are invalid or even harmful.
The market needs a shot in the arm and a clear, powerful and unquestionable "Value Statement".
And his opponents also need to see a clear action that is in their short-term interests.
He raised his head and glanced at Lin Wanqing, who had not yet settled down, and Chen Qiming, who was standing aside with his hands down.
Without any foreshadowing, he spoke first, and his voice sounded particularly clear and decisive in the quiet office:
"Market value does not reflect our assets, but the market's fear. This fear must be broken by substantive data."
He paused, his eyes like a cone, fixed on Lin Wanqing's face,
"Director Lin, you immediately organize people and prepare an unaudited Annual Performance Express Report as quickly as possible.
The core is the data just now: Revenue 12.8 Billion, Net Profit About 900 Million people RMB, which is equivalent to more than 1 billion Hong Kong Dollar.
Highlight our profitability and Cash Flow Improvement Trend.
After the express report is prepared, it is first handed over to Board Secretary Liu Mingyu and asked to coordinate with Compliance and Information Disclosure Process to publish it in the fastest and most standardized way."
The instructions are clear, specific and unquestionable. There is no room for discussion.
Lin Wanqing was obviously stunned for half a second by this sudden first order.
But she reacted extremely quickly, and the doubt deep in her eyes was quickly replaced by a more complex emotion - that was Recognition After Consideration, even a trace of imperceptible relaxation.
Issuing an eye-catching Performance Express is the first and most legal way to boost the stock price right now.
Only when the stock price stabilizes or even rises can Zhao Jianguo's Pledged Shares alarms be lifted. This is her current core interest.
Zhao Chen's move seemed to be an effort to increase the company's market value, but in fact it scratched her itch for the first time.
She may have been worried that the young Chairman would deliberately delay or downplay performance disclosure out of some kind of checks and balances or suppression.
But now it seems that he is at least active in his immediate goal of enlarging the "cake" of the company's market value.
"Yes, Zhao Zong!" Lin Wanqing's answer was crisp and clear, even with a rare positive color.
"The data is all ready, and the draft report will be out before get off work today at the latest.
The RMB profit of 900 million people is equivalent to more than 1 billion Hong Kong Dollar. This number is absolutely impactful in the current Hong Kong Stocks Real Estate Sector.
I will personally monitor the process to ensure that the express report is disclosed in compliance with regulations as soon as possible."
She even took the initiative to highlight the data, which was rare in her previous business-like responses.
When her interests are aligned, her efficiency will be astonishingly high.
Zhao Chen took in her flash of relaxation, but kept a calm expression on her face, and just added lightly:
"It must not only be fast, but also accurate and stable. Give confidence to the market, not facts to the population.
Regarding the specific expression, you and Liu Mingyu and Assistant Chen will check it."
He took advantage of the trend and introduced Chen Xi into Supervision Link, which is reasonable and reasonable.
"Understood." Lin Wanqing nodded and turned to Chen Qiming,
"Deputy Director Chen, call the people from the reporting team to my office immediately."
Chen Qiming responded quickly, "Okay, Director Lin."
The two of them left the office in a hurry and closed the door, cutting off the outside world.
Zhao Chen leaned back slightly, and the tenseness of the command just now eased slightly, but the glimmer of thought deep in his eyes did not go out.
He pressed Intercom Button and said in a calm voice, "Assistant Chen, come here."
Almost at the same time as Lin Wanqing and their footsteps faded away, Chen Xi opened the door and walked in.
She held a tablet in her hand and looked calm and focused.
"Chen Xi," Zhao Chen skipped the politeness and entered the topic first,
"You know what happened just now. Performance Express,
Lin Wanqing is the main focus, but you follow up from the perspective of Market Reaction and the overall Information Disclosure strategy. I want to review the draft.
The point is not the data itself, but the timing and wording of the release and the direction of interpretation we want to guide.