Good companies make money for investors

Four months ago, the domestic business-to-business Enterprise's "lead eldest brother" Alibaba released 2012q1 earnings, showing its performance fell, http://www.aliyun.com/zixun/aggregation/17495.html "> Paid members Reduced, The industry is quite worried about that. Soon, the Business-to-business "Millennium second" HC Network also released a 2012-year quarterly earnings show that its performance soared, the number of members greatly increased. I do not sigh: The business-to-business industry is not only Ali.





only four months, the business-to-business redeformation. And to the earnings season, at this time, Ali has retired from the city, no longer need to release the worry of the financial results, but HC is still in the performance of its listed companies as the responsibility. After Ali retired, Hui-Cong also became the only domestic listed in Hong Kong, a business-to-business company, should also have a more responsibility to the industry.





We first take a look at HC net half year earnings.





earnings showed that the first half of 2012, HC continued to operate business revenue reached 9001.html "> RMB about 240 million yuan, compared with the same period last year, 190 million yuan growth of 25.8%, margin reached 216 million yuan, compared with the same period last year 164 million yuan growth 31.9%." EBITDA (profits before tax depreciation and amortization) amounted to 31.8 million yuan, up about 216% from 10 million yuan in the same period last year. Corporate equity holders are earning about 20.5 million yuan, up 7.5 times-fold compared with 2.4 million in the same period last year.





This performance does not need to explain what? A good company is to allow employees to earn money, so that shareholders have the money to earn, HC shareholder earnings growth compared to last year 7.5 times times, this data is the most convincing.





Ali, the industry generally think that Ali's small and medium-sized shareholders became a sucker, well-known commentators Cheng standing in the stock price analysis, that the 2007 HK $13.5 is not equal to 2012 years of HK $13.5, according to the 10% inflation rate is now worth HK $20, Ali does not give interest, borrow money in vain, It also earned HK $6.5. Analysys analyst Shou sent to think that Ali hurt the interests of small shareholders, 2011 years after the obvious decline in stock prices, stocks have been devalued, small investors have done a sucker.





The good company is lets the investor make money, the Hui Cong net CEO Guo already said this sentence. He once said on Weibo: "A good company is to make the most stupid investors make money, in other words, as long as the purchase in advance to make money, because the company is constantly growing!" "Obviously, Guo thinks Hui Cong is a good company, certainly can let the investor satisfy," everybody can pay attention to the stock of Hui Cong, perhaps is a good opportunity. ”





I also agree with Guo's point of view. Compared with Alibaba, I am more optimistic about the future of HC. Even we can say: Ali represents business-to-business yesterday, and the future of Business-to-business, the HC network to represent it.