Tycoon: I Have an Unlimited Modifier novel Chapter 534

Chapter 534 -290: The Joy of a Cheater 2

If revenue really reached 5 billion and they achieved a net profit of 1 billion…

A 3 billion US dollar valuation compared to a 1 billion RMB net profit.

That’s a P/E ratio of just 21, which isn’t too outrageous.

In fact, Pop Mart could even make a run for the 10 billion US dollar super-unicorn milestone.

By the time they finished their tea, the two had already made up their minds.

“Chairman Qi, we at Huaxing Capital plan to invest 30 million US dollars.”

“We at Black Ant Capital can invest 60 million US dollars.”

Bao Fan and He Yu exchanged a glance, speaking one after the other with a tacit understanding.

“Thank you, President Bao and President He, for your support of Pop Mart. I can give you both a promise.”

“If Pop Mart’s market cap falls below the valuation you’re investing at, I’ll buy back your shares out of my own pocket.”

The moment Qi Sheng said this, any pressure Bao Fan and He Yu felt instantly vanished.

‘A situation like that was simply impossible.’

‘Pop Mart’s lowest market cap would still be over 20 billion.’

‘And that was without him taking charge.’

“Haha, with your word, Chairman Qi, I can rest easy.”

“But I trust that President Si and Pop Mart won’t let us down.”

He Yu wasn’t foolish enough to ask Qi Sheng to sign a formal contract. Investing is inherently risky, after all.

A man of Qi Sheng’s stature would never go back on his word after making such a statement.

Otherwise, it would be a huge loss of face for him.

“The same goes for us at Huaxing. We hope for more opportunities to work with you in the future, Chairman Qi.”

Bao Fan shook hands with Qi Sheng, clearly not satisfied with only investing in Pop Mart.

If Spicy King’s valuation hadn’t risen so quickly, he really would have wanted to throw in an investment.

He thought about He Yu’s incredible luck, managing to get a stake in Spicy King during its Series A funding round.

A flash of envy crossed Bao Fan’s eyes.

But that was the allure of investing.

Whether you could bet on a winner all came down to personal foresight and luck.

Although he had missed the Spicy King gravy train…

‘But now that I’ve connected with Qi Sheng, will I ever have to worry about finding good investment projects again?’

…

After seeing He Yu and Bao Fan out, Qi Sheng spoke with Scones for a bit before sending him on his way.

He opened the system’s revenue boost function and selected Pop Mart.

[Pop Mart’s current valuation is 10.5 billion RMB. It is in the 10 billion to 100 billion market cap range and is eligible for a 40% revenue boost. Activate boost function?]

‘Yes, yes, yes…’

Qi Sheng did a quick calculation. Pop Mart’s revenue was originally on track to hit 5 billion.

With this boost from the system, its revenue would surge to 7 billion.

Given Pop Mart’s net profit margin, 20% was a very safe bet.

That meant a net profit of 1.4 billion.

This was nearly 50% higher than the net profit Scones had previously forecast for He Yu and the others.

With results like these, it would be difficult not to win over investors on the Hong Kong stock market.

Since he was already at it…

Qi Sheng hadn’t been in a rush to use the cheat on Spicy King before, but he decided to set one up for it now.

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