Reborn as a Hong Kong Tycoon

Chapter 376 78 Corporate Annual Report ()

At night, in the study of the villa.

Lin Baicheng is looking at the 1978 annual reports of his companies in the United States and Japan, and the annual reports of the companies in Xiangjiang have not yet been completed.

First of all, there are companies in Japan. Lin Baicheng has three companies there, namely Bailong Commercial Association, Zhiyin Comics Publishing Company and Baihuifeng Co., Ltd.

Among the three companies, only Zhiyin Comics Publishing Company is solely controlled by Lin Baicheng. At that time, it cost 4200 million Hong Kong dollars to acquire this company, and then injected 5800 million Hong Kong dollars into the company's development, and then injected another 5000 million Hong Kong dollars to expand the company's channels. A total investment of 1.5 million Hong Kong dollars.

The performance of Zhiyin comics in 1978 was quite good, not only because of the good results of the three comics given by Lin Baicheng, but also because of the self-owned and expanded sales network, which expanded the sales network and increased profits. Compared with last year, the net profit increased by about 38%. .

This is because the channel continued to expand in 78 and did not stabilize. Although the channel will continue to expand in 79, the overall situation has taken shape. As long as there are outstanding comic works, the company will be able to absorb more profits, and the profit will increase. Only higher.

Of course, due to the continuous expansion of channels of self-supporting stores, Zhiyin Comics as a whole is still unable to make ends meet, which is reflected in the report that it lost money in 78.Although a company has to pay taxes as long as it has business income, the funds invested can be tax deductible. Therefore, after a series of tax avoidance methods, it only needs to pay a little tax.

Fortunately, the development of Zhiyin Comics has entered the right track. Lin Baicheng does not need to inject capital into the company in the future. As long as he does not extract the company's profits, his profits will be enough to grow the company and be self-sufficient.

Next is Baihuifeng Co., Ltd., a company jointly invested by Lin Baicheng, Iwasaki Mineryu and Yamaguchi Baihui, of which Lin Baicheng and Iwasaki Fenglong hold 40% of the shares respectively, and Yamaguchi Baihui holds 20% of the shares. The total investment of the three 2000 million Hong Kong dollars, which means that Lin Baicheng only invested 800 million Hong Kong dollars.

Don't look at the assets of 2000 million Hong Kong dollars, but converted into Japanese yen, it is 10 billion yen. In Japan's film and television entertainment industry, it is not considered a small company.

Because Baihuifeng Co., Ltd. was not established for a long time, after the company was established, it signed a few artists and was about to start shooting a movie. Momoe Yamaguchi was the heroine. At the same time, Mineryu Iwasaki communicated with Columbia Sony Records through relationships. , See if you can buy Momoe Yamaguchi's artist contract and transfer the contract to the company.

Momoe Yamaguchi is a popular singer, Baihuifeng Co., Ltd. can make money through Momoe Yamaguchi, and Momoe Yamaguchi can also develop itself better through the resources of its own company, and at the same time, it can be more free.

Generally speaking, Baihuifeng Co., Ltd. currently only has some expenditures and no income. The company has just developed and has little investment, so Lin Baicheng just glanced at it and skipped it.

The last is Bailong Commercial Club. This company was founded by Lin Baicheng and Iwasaki Mineryu in January. At that time, the two each invested 5000 million US dollars. Lin Baicheng accounted for 51% of the shares and Iwasaki Mineryu 49%.Later, because they made a lot of money by being long Hutchison Whampoa, they each injected 5000 million US dollars into the company, which is equivalent to Lin Baicheng and Iwasaki Minelong each investing 1 million US dollars in this company.

Bailong Commercial Association has invested the most and currently has the highest total asset value.

Among them is the investment part. At the beginning, the principal of US$1000 million was used to do long gold futures. Now the principal of US$1000 million has become US$1.065 million, and US$5 million was raised to do long gold futures at a cost price of US$200.3 per ounce.Today, the international gold price fluctuates around USD 230 per ounce, with a profit of more than USD 7000 million. It can be said that the initial investment of USD 1000 million has been multiplied by more than ten times.

Bailong Commercial Club is mainly engaged in real estate business, land acquisition and development.At present, the company has won a total of seven lands, and the land plus public relations expenses have spent a total of 1.15 million US dollars.

Two of these lands are already under development, and the rest are temporarily held in hand, and will be developed after the existing lands are developed.At the same time, the company will continue to acquire land and store some land in hand.

At present, the funds of Bailong Commercial Association are still sufficient. The company's own funds are used for land purchase, part of the funds are provided by the company for development, and most of the remaining funds are borrowed from banks. Almost all real estate companies do this.

After the funds of Baihuifeng Co., Ltd. are almost used up, if they want to get the land, they will choose to use the land they hold to borrow from the bank, use the funds obtained from the loan to buy the land, and then mortgage the new land to the bank for a loan. Loan funds to purchase land.

Although it is impossible to obtain % of the loan funds by mortgaging the land to the bank, with Iwasaki Mineryu's relationship, it is no problem to obtain about % to % of the loan funds.In this way, Lin Baicheng and Iwasaki Mineryu no longer need to invest in this company, but the company can hold a large amount of land.

Of course, such an operation with a super debt ratio is still very risky. Once the land price falls, the bank will choose to urge the real estate company for a loan. If the loan is not paid by then, the bank will choose to auction the land to pay back the money , The company will go bankrupt if it is not good.

Fortunately, Lin Baicheng is not worried about such things, because he is well aware of how crazy Japan's real estate bubble was in the 80s, and land prices and housing prices were bound to skyrocket in the mid-to-late 80s.Even if there is a small wave of decline in the past few years, he is not afraid. At most, he and Mineryu Iwasaki will inject capital into the company together.

As long as you have money and operate in this mode, Bailong Commercial Club will hold a large amount of land and real estate properties. When the real estate bubble appears, Lin Baicheng will definitely make a lot of money, at least billions of dollars in profits There are still.

At present, Bailong Commercial Club is in the process of continuous investment and construction, and has not yet seen profits, so it does not need to pay taxes.It is true that the investment in gold futures has made the company a lot of money, but the profits have already been taxed and there is no need to pay them again.

Among the three companies in Japan, except Baihuifeng Co., Ltd., Lin Baicheng didn't have much expectations.Bailong Commercial Club, Lin Baicheng wanted to make a lot of money through the real estate bubble in the 80s, so before this company basically couldn't bring him profits, he could afford to wait.

Zhiyin Comics Publishing Company, this company Lin Baicheng values ​​the development of the Japanese comics industry. This is a company that needs to be run well in the long run. He has never thought about how much money he can make from this company in the short term. The existing profits will only be taken away. Give this company an expansion.

In any case, after reading the annual report in 78, Lin Baicheng was quite satisfied with the development speed of Bailong Commercial Club and Zhiyin Comics Publishing Company in 78.

　[Thanks to 'The Boy Who Loves to Read Historical Novels' for the big 700-point reward and support! 】

　　
　
(End of this chapter)