JB and ZJMY Holding Co (JBZY)

[BobDude]

Anticipated Stock Price Calculation

First, here are few facts that should be mentioned:
1) ZJMY was formed in 2015 and started off with ~$7 million in capital
http://www.qixin.com/company/0b7db99d-8c53-4785-a8ea-cabd91607eaa

2) The projected cost of the V3 EV is ~$20,000 before subsidies (~$14,000 after subsidies)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130311632

3) They have many patents around electric battery and battery replacement technology.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131016684
https://investorshub.advfn.com/boards/Profile.aspx?user=95006 (floridany's posts)

4) The company makes EV batteries AND battery replacement stations.

ZJMY is targeting the taxi market in China and as of 2015 there were an estimated 1,392,500 taxis in China. Let's assume that now that number is an even 1,400,000
https://www.statista.com/statistics/275836/number-of-taxis-in-chinas-cities/

ZJMY has said they want to capture 30% of the taxi market in China by 2020.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130400322

Therefore, by 2020 ZJMY wants to have sold 420,000 taxis (assuming no additional taxi growth). Let's assume they ramp up production and break that down by year.
2017: 10,000
2018: 50,000
2019: 120,000
2020: 240,000

With the price to the manufacturer of $20,000, let's assume ZJMY makes a 5% profit from each car sold.
https://www.quora.com/On-average-how-much-profit-should-a-car-manufacturer-get-by-selling-one-car

2017 Projected Revenue: 10,000 * $20,000 = $200,000,000
2017 Projected Profit: $200,000,000 * 5% = $10,000,000

The Price-to-Earnings ratio equal to that of an average S&P 600 stock is 18.7
http://lipperalpha.financial.thomsonreuters.com/2016/07/sp-600-small-cap-index-earnings-dashboard/

2017 Projected Market Cap: $10,000,000 * 18.7 = $187,000,000

The number of Outstanding Shares is 777,691,800, therefore
http://www.otcmarkets.com/stock/DOLV/profile

2017 Projected Price Per Share: $187,000,000 / 777,691,800 = $0.24

Why is this very conservative?
I believe this is very conservative in the near term considering the assumptions being made. In particular the P/E ratio of 18.7 which is the average for a small cap stock. For a high growth stock like this and one in the EV market, the P/E ratio could be much much higher.
This price also doesn't take into consideration their patents or projected revenues NOR does it consider revenues from the battery replacement stations at all.