What is Focus Media?

Focus Media is a leading cutting-edge advertising company in China, ranking first in the market, and its shareholders are famous investment banks such as Goldman Sachs.

In the first three months of 2005, the total turnover was 9.6 million dollars, the operating profit was 2.9 million dollars and the net profit was 2.6 million dollars. In the same period of 2004, the turnover was USD 36,543,800+,the operating profit was USD 1.65438+ and the net profit was USD 7 1.3 million.

In 2004, the turnover was $29.2 million, the operating profit was130,000 and the net profit was $373,000. The above net profit is the data after paying interest of 65,438 yuan+065,438 yuan+07,000 yuan to the shareholders of Class B convertible preferred shares. Due to June 65438+1 October1in 2005, the company no longer needs to pay interest to the shareholders of convertible limited shares, so the adjusted net profit in 2004 was $65438 +0207.

In 2003, the company's turnover was US$ 3.8 million, operating profit was US$ 525,000 and net profit was US$ 255,000.

Distribution overview:

ADR 14- 16 USD per copy.

An American Depositary Receipt contains 10 ordinary shares.

* * * Sold 10,100,000 ADR copies.

Among them, the company issued 7 million shares of American Depositary Receipts.

The original shareholder sold 3 100000 ADR.

The total number of shares after issuance is 370,7310,000.

The issuance ratio of new shares is 18.88%.

Issue market value: 565,438+09 million-593 million USD.

If the net profit is predicted to be $20 million in 2005, the price-earnings ratio will be 25-30 times.

It is estimated that 13 will be listed on NASDAQ in July, 2005, and we can obtain the shares of/kloc-0 100-5000000000 dollars through the relationship, provided that it is divided into 5: 5 after profit. It is estimated that Focus will increase by 65,438+00%-20% on the day of listing, and the mid-line target (6 months-65,438+0 years) will increase by 50%-65,438+000%. It is estimated that the performance in 2006 will increase by 50% compared with that in 2005 (PE is 19 times according to the issue price in 2006), and it will increase by 0.6% in 2007. It is a rare growth stock!