Since the annual salary of 1.26 billion is fake, where is Wama so much money?

Some time ago, a colleague suddenly asked Xiao Chai, where did Weima go? Xiao Chai didn't respond for a while, and almost jumped out: Who is Weima?

Wima used to be one of the four dragons in the new driving force! It was the delivery champion in the new forces! It is also a new forces of car building for a large capital of capital.

Why is it talking about it for a long time?

Sure enough, in this era of rapid change, whether it is a person, a product, or a brand, it is always so silent to fade out of the mainstream vision.

Wima has indeed disappeared in the mainstream vision for a long time.

However, in the past two days, Weimar rushed to a controversial hot search. The topic of hot search was: Weimar Automobile's annual salary of 8.2 billion founders was 1.2 billion.

A short topic, behind the huge amount of information, in addition to the literally expressed information, also:

The personal income of Wima founder accounted for more than 30%of the company's revenue; 72%of the main management salary; in 2021, Wima's revenue was only 4.7 billion yuan; 800 times the salary ...

The above data comes from the prospectus disclosed by Weimar Automobile. The data shows that from 2019 to 2021, from 2019 to 2021, Weimar Automobile's revenue was 1.762 billion yuan, 2.671 billion yuan, and 4.743 billion yuan, respectively;

During the reporting period, the losses reached 4.145 billion yuan, 5.084 billion yuan, and 8.206 billion yuan, respectively. In the past three years, the total loss was 17.435 billion yuan, of which the loss in 2021 reached 8.2 billion yuan.

The data also showed that Shen Hui, the founder, chairman and chief executive officer of Weimar, revenue revenue of 1.26 billion yuan in 2021. In the same year, Wima's revenue was only 4.7 billion yuan.

In the case of an annual loss of more than 8 billion, more than 30%of the annual revenue is paid to the founder. Such news has enough explosiveness and quickly cause heated discussions on the Internet.

Netizens are more like discovering the truth of capital. For example, some netizens said that those companies that shouted losses all day, executive income can be a lot ...

In addition to the people who eat melon, the people who eat melon are not suspected of being angry, and even the investors in the circle of people with their heads and faces also spew a lot of money to pay so much salary, which is suspected of hollowing out the company.

He also said that this is a bad coin expelled from good coins and a stolen brush for Chinese credit. I really hope that Weima is not a horse ...

After rushing to the hot search, the founder of Weima Shen Hui indirectly responded, "There are some things, the toes will know the true and false, it is not worth spending time explanation."

"I know that the income is so high, I will trouble my wife ..."

On the one hand, the financial report data, on the other hand, I responded, so what's going on?

Carefully read the prospectus and found that Shen Hui's annual salary was 200,000, which is similar to the annual salary of most new forces management.

1.262 billion yuan is a salary and red 2011,000 yuan and a limit of 1.26 billion yuan in restrictions on shares or equity purchase, which means that 1.26 billion is a one -time option incentive.

This part of the money can really be in the bag after the Weimo market.

In other words, this 1.26 billion says that it is Shen Hui's annual salary, which is indeed wrong, but the money is eventually Shen Hui. The wife of Shen Hui was sooner or later.

But then again, in addition to the annual salary controversy, the loss and queue of Weimar Motors are real.

And there is also a key issue that in the case of financing of 35 billion, borrowing 10 billion yuan, research and development costs in less than three years, and losses of over 17 billion years, no one can answer. Where did the money go?

As the earliest batch of new vehicles, Wima originally had advantages in the competition of Wei Xiaoli.

In the case of, Wei Xiaoli's founding team can be said that they are from car doors in the Internet industry, and the founder of Weima Shen Hui and the founding members are from traditional car companies, which means that Wima enters the game, not only knows the automotive industry, but also knows that , Also master more automotive industry resources.

For example, Shen Hui himself acquired Volvo on behalf of Geely Automobile for $ 1.8 billion, becoming a famous professional manager in the car circle.

Secondly, because of the advantages of car companies, Weima has occupied various first -mover advantages. In 2017, he took the lead in building a production base in the new forces, obtained production qualifications in January 2018, and launched in April 2018 and launched in April 2018. The first listed model EX5 and became the first new forces of the car to deliver real vehicles.

Even in 2019, Wima once became a delivery champion of the new forces.

Because of these advantages, Weima has also become a fragrant citron in the eyes of capital. Since its establishment, it has completed 12 rounds of financing, with a cumulative amount of financing of 35 billion yuan. This scale can be said to be the top student in the new forces.

In addition, according to the prospectus, it was the need for operations, and Wima borrowed two loans from Chinese commercial banks for a total of 1 billion yuan for a period of two years. At the same time, the data also disclosed that the company's loans in the past three years were RMB 2.42 billion, RMB 6.41 billion and RMB 10 billion.

In other words, in the gold attraction, Weima's handful of death has enough financing and borrowing capabilities. But it also really got huge funds that other players envied.

But I don't know when Wima has fallen behind.

The drop -out shows that it appears in the media reports, and then appears in various sales lists. Finally, it disappears in media reports and disappears in various lists. Even today, Wima began to cover up his sales. According to reports, Welse immediately announced the delivery, which was still last year.

What's even more worse, Wima appeared in the public's field of vision and media headlines as the protagonist, even because of tens of billions of losses and the founder's oversteal of over one billion yuan.

So to what extent Wima has fallen behind, let's take a closer look.

In terms of sales, according to public data, in the first quarter of 2022, Weimar sold 7,476 electric vehicles. In the three months after delivery, Weimar sold a total of 6,000 vehicles, of which 2268 were sold in June. 2,000 vehicles were sold in July and August.

In comparison, from January to August, the delivery volume of Weilai Automobile, Xiaopeng Automobile, and the ideal car was 71,000, 90,000, and 75,000. 93,000 and 31,000 vehicles.

In the list of sales and delivery volume, Weimar either or disappears directly.

What's more noteworthy is that although the car is less and less sold, the loss is not small at all. Wima Automobile's net losses from 2019-2021 are 4.145 billion yuan, 5.084 billion yuan, and 8.206 billion yuan. Losses of 17.435 billion yuan.

During the same period, its gross profit margin was -58.3%, -43.5%, and -41.1%, respectively. According to loss data, sales and revenue data, Weimar's average of each car can only earn 107,000 yuan, but it costs 186,000 yuan.

That is to say, in the case of selling one by one, Weima still faces serious sales of sales.

Everyone knows that there is another important reason for the loss of new energy vehicle companies because of R & D investment. For example, in 2021, Weilai, Xiaopeng, and ideal R & D investment were 4.59 billion yuan, 4.11 billion yuan and 3.29 billion yuan, respectively.

What about Weimar? From 2019 to 2021, the three-year increase was only more than 2 billion yuan, which was not enough for Wei Xiaoli's investment for a year. During the reporting period, Weimar Automobile's research and development investment was 893 million yuan, 992 million yuan, and 981 million yuan.

What's more terrible is that the proportion of R & D investment revenue of Weimar continued to decline, from 50.7%in 2019 to 20.7%.

In addition, there are not many Wima in sales and marketing expenses. From 2019 to 2021, the cumulative sales and marketing costs of Weimar Automobile were 2.808 billion yuan.

Then light financing and borrowing have a scale of up to 45 billion, but if the research and development costs are less than three years in investment, the marketing and sales costs are not considered as many. Where is it?

Some questions, you can stand up and say that it is fake, too lazy to respond, but the annual salary dispute is just a shadow, and where you spend it, I am afraid that only Wima knows it.

Now it seems that when we sell one losing one, the sales volume has fallen behind, and the losses are intensified, it is difficult for us to say that Weimar does business.

But no matter what it does, Weima continues to continue the external blood transfusion, although I don't know where the blood flows?

Despite this, the lack of money in Weimar today is real, so listing may also become the best way out, but how about the current situation of Weimar? The disk is not easy to install.

So no matter when the show is sang, the ending is afraid that it will be written ...

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