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Profit and Finance

In: Hidden Champions in the Chinese Century

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Listed:
  • Hermann Simon

    (Simon-Kucher and Partners)

Abstract

Profit is the ultimate measure of entrepreneurial success. Hidden Champions are significantly more profitable than the average company. Among them are numerous profit stars. Their equity ratios are high. They should rethink their reluctance towards IPOs and private equity investors. Self-financing from cashflow is unlikely to be sufficient against Chinese and American competitors in the future.

Suggested Citation

  • Hermann Simon, 2022. "Profit and Finance," Springer Books, in: Hidden Champions in the Chinese Century, chapter 26, pages 213-219, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-92597-0_26
    DOI: 10.1007/978-3-030-92597-0_26
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