First of all, monopoly expression is an informal popular expression put forward by myself. This is not an academic expression in the field of economics, just a summary of the operability of the actual combat school.
Secondly, it should be clear that monopolistic performance is not an end, but a process and phenomenon, so that the company can expand and grow. I think it can be described as such a scene, just like a brand-new forest. The first tree to win the competition will block the sunshine of other trees, make its root system more developed, absorb the nutrition of other trees, and make itself grow taller, thus forming the Matthew effect. In the end, those who win the priority competition will gain the advantages of sunshine, water and nutrients, and eventually grow into towering trees.
Why is China's natural oil monopoly outstanding, but there is no market for it to expand? There is nothing to expand profits except price increase, but it is almost one of the highest oil prices in the world. Where can it expand? So I define it as an invalid monopoly expression.
Under the background that an industry cannot be a sunset industry, all effective forms of monopoly must be effective.
The first monopoly: technology monopoly.
An enterprise has a high proportion of scientific research investment, its own R&D team is constantly growing, and new research results are constantly innovating and changing. What it can do, others can't; What others can do, it will do better, cost less, and even expand countercyclically. With the improvement of the social legal system and the continuous optimization of the business environment, the protection of intellectual property rights is better. Enterprises with technical barriers and advantages will get much more profits than the industry average, and they can increase investment in scientific research, which is not only the performance of human scientific and technological progress, but also the basis for enterprises not to be mediocre. Typical representatives: Huawei, Hengrui Pharma, Wanhua Chemical, Hikvision, etc.
The second monopoly: scale monopoly
In many industries, it does not need high technology, but only very traditional technology. However, it is very difficult to do simple things well and accurately. This kind of enterprise has high reputation, good user trust, expanding production scale and lower comprehensive cost than the whole industry. If outsiders want to enter this industry, they must first pass the scale of investment, which is often not optimistic; Those who managed to get in were either swallowed up or died for acquisition.
Typical representatives: Haitian Ye Wei, Conch, Wanhua Chemical, Angel Yeast, etc.
The third kind of monopoly: administrative monopoly.
A profitable industry, as long as there is capital willing to invest, may be able to get a share. However, the country has many environmental protection policies and administrative access policies, which keep a lot of drooling capital out. Companies that have started work are lying down to make money, but they are not motivated, and they are ambitious to jump up and make money.
Typical representatives: China Tobacco, China Salt Industry, Huabao and Zhejiang Longsheng.
Fourth monopoly: brand monopoly formed by region or history.
Because the place of origin cannot be copied and history is irreversible, it is almost impossible for others to copy the brand, and then there is still demand in the market. This kind of monopoly enterprise can also make money by keeping a dog in the position of chairman or general manager.
Typical representative: Kweichow Moutai. Wuliangye and other liquor enterprises, Quanjude, Goubuli and other historical heritages (of course, I don't know how to expand, and it is another problem to lose growth if I want to make a living by my ancestors).
The fifth monopoly: sudden monopoly
A very traditional business scene suddenly came to showstopper, and the spoiler was successful, killing people who depended on the traditional path. Such a striking figure, stepping on the body of the former, is expansive and powerful.
Typical representatives: Apple is stepping on Nokia, and Alibaba is stepping on traditional wholesale retailers.
No matter big or small industries: many companies have these different forms of monopoly, and the more they occupy, the higher their ratings will be.
Thirdly, monopoly is well expressed, not an end, but an ability to expand and grow. PetroChina can't expand any more, and Quanjude is suicidal. From this, I say that new shares often have big cows, which shows that it is inevitable for an 8-or 9-year-old child to grow up, and a middle-aged person in his forties may become stronger again, but most people are going downhill. PetroChina was over 70 years old when it went public, so I seldom say it.
Finally, why do you want to issue new shares? If a company is really ambitious and does things, it will raise a lot of money after listing, which is very important for the original enterprises to increase their technical content, expand their scale and seize the market. Generally, the validity period is about 2-3 years, so if many new shares listed for two years can grow, it will be the sun at eight or nine o'clock in the morning, or it may be a new showstopper. If you are interested in learning, look at well-known listed companies. The current share is more than 1000 times that of the previous one. If you had invested 10 million, you would be a billionaire now. At least this possibility exists. But relying on wage income, it can be clearly said that this possibility is zero.