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.'
