Reborn as a Hong Kong Tycoon
Chapter 389 Corporate Annual Report for 78
Chapter 389 78 Corporate Annual Report (V) (Two in One)
Jupiter Toy Company, when Lin Baicheng acquired it, spent 620 million Hong Kong dollars, and then injected capital several times, investing a total of 5000 million Hong Kong dollars in this company.
After two expansions, the company's factory covers an area of 30 square meters and has 1800 physical stores in Hong Kong. The two factory expansions and physical stores alone cost million Hong Kong dollars.
Jupiter Toys Company produced 500 million Rubik's Cubes at the request of Lin Baicheng, because the cost of mass production of Rubik's Cubes has been reduced, each costing 4.8 Hong Kong dollars, and the production cost of these Rubik's Cubes alone cost 2400 million Hong Kong dollars.
Then there is the purchase of Rubik's Cube patents and international patent applications. The money spent is counted on Jupiter Toys, because the patents belong to Jupiter Toys, and a total of 350 million Hong Kong dollars was spent.
In this way, nearly 5200 million Hong Kong dollars has exceeded the cash owned by Jupiter Toys.
However, after the Rubik's Cube started selling in Starlight Company, the monthly profit will be calculated and transferred to Jupiter Toy Company, so Jupiter Toy Company is not without income.
In the United States, a total of 1978 Rubik’s Cubes were sold in 91, with a total profit of 930 million US dollars, and the profit attributable to Jupiter Toy Company was 604.5 million US dollars, and the production cost of these 91 pieces could be recovered by Jupiter Toy Company. That is, 436.8 million Hong Kong dollars will be added to the account.
This is only Starlight Company in the United States. Although Jupiter Toys Company had not authorized the Rubik's Cube in 1978, it had channels in both Japan and Xiangjiang, and sold 10 pieces at the same price as that in the United States.And because the publicity costs in Japan and Hong Kong are less, the profit of these 10 Rubik's Cubes is actually more.
In other words, in 1978, the Rubik's Cube brought Jupiter Toys a revenue of about 3560 million Hong Kong dollars and a profit of about 3050 million Hong Kong dollars.
The reason why Jupiter Toys Company has expanded its factory twice is not only because it produces a large number of Rubik's Cubes, but also because the company wants to produce claw machines.
The production of claw machines started in early August. At the beginning, 5000 machines were produced. The production cost of each machine was 1600 Hong Kong dollars, and the total production cost was 800 million Hong Kong dollars.
The claw machines produced are displayed in the directly-managed comic store of Japan Zhiyin Comic Company, the toy store of American Starlight Company, the toy store of Xiangjiang Jupiter Toys, and the movie theater of Xiangjiang Star Cinema. many.
It's a pity that the sales volume is not satisfactory. At the beginning, only friends from the arcade channel bought two to three hundred units. There was no big change in October and November. The average monthly sales volume was only nearly 5000 units.Until the half month before Christmas in December, many buyers came to their door and placed an order of units at one time. Not only did they clear the inventory, but they also had to mass-produce and ship to customers.
Because those buyers placed an order for 5000 machines at one time, after applying to Lin Baicheng, Zhang Sheng, the manager of Jupiter Toys Company, placed an order for 1500 machines from the parts supplier at one time, so the cost of this batch of claw machines is only Hong Kong dollars each will do.
Because the customer placed the order in December, when calculating the performance, the performance of 4000 units was counted in 1978, and the performance of 1000 units was counted in 1979, mainly because the time was too late.
The price of the claw machine, the global price is unified, is 599 US dollars a piece, which is 2515.8 Hong Kong dollars.
In 1978, Jupiter Toys sold a total of 5000 claw machines, with a revenue of 1257.9 million Hong Kong dollars and a profit of only 420 million Hong Kong dollars.
In addition to Rubik's Cube and claw machines, Jupiter Toys' own toy store, claw machines are placed in the comic shop of Zhiyin Comics, the physical store of Xingguang Toys, and the movie theater of Star Cinema. There are more or less.
Therefore, according to statistics, the total revenue of Jupiter Toys in 1978 was 4880 million Hong Kong dollars, and the net profit after deducting employee salaries, Rubik's Cube patent fees, factory water and electricity, etc. was 2820 million Hong Kong dollars.Here, the raw material cost of 1 claw machines ordered in December of 1500 million Hong Kong dollars is also deducted, which means that the net profit in 1978 was only 1320 million Hong Kong dollars.
There is also a tax deduction here, and because of the promising future of the claw machine, Zhang Sheng decided to acquire a factory to make plush toys, but this was an expenditure in 1979.
The performance of Jupiter Toy Company in 1978 was quite good, especially with the blowout sales of Rubik's Cube and claw machines, the performance in 1979 next year can be predicted to be even better, and Lin Baicheng is very satisfied with this.
For Asia TV, Lin Baicheng spent 1.785 million Hong Kong dollars to fully acquire it, and then injected 5000 million Hong Kong dollars twice, spending a total of 2.785 million Hong Kong dollars on this TV station.
Compared with other companies, Asia TV's revenue and profit are not much. The net profit in 1978 was only 1800 million Hong Kong dollars.
The TV station is no different than other TV stations. The upper limit of profit has been fixed, because there are only so many viewers, and the two TV stations get one point. Even if the Asian TV station has the highest ratings, the upper limit of the average ratings is at most % to %.
In 1978, Asia TV had invested a lot. The renewal of costumes, props and equipment cost 3000 to million Hong Kong dollars, plus the establishment of a record company, the acquisition of Star Daily, the establishment of its own newspaper, financial channels, news channels, and variety channels. Waiting for the increase of various channels, it can be said that the investment is much higher than the income.
However, the importance of the media is unquestionable. To master the media is to master the right to speak, so Lin Baicheng is not stingy about investing.
In the future, Asia Television will also establish comic companies, book publishing companies and other media-related enterprises in Xiangjiang.The reason why Asia TV established a related company is because the core of the media group is the TV station, and it will be more convenient for the TV station to be integrated into a media group after it is established.
For Asia TV, Lin Baicheng's request is not how much money the TV station will make for him every year, but that the TV station's ratings must remain the first in Hong Kong, try to account for a higher ratings ratio, and suppress wireless TV stations.
Then, Asia TV, which has the highest ratings, can promote Lin Baicheng’s other companies, whether it is Jupiter’s Rubik’s Cube, claw machines, or Star Pictures’ movies, or even a new real estate developed by Hutchison Whampoa, etc., Asia TV The publicity can make other companies earn more profits.
In 1978, the average ratings of Asia TV had always been No. in Xiangjiang, only a few programs were suppressed by TVB, but overall Asia TV had the absolute upper hand, so Lin Baicheng was very satisfied with the management of Asia TV .
Yum Securities Company, this company uses funds for various purposes, but only 5000 million Hong Kong dollars are used for management operations such as Anyuan.They can invest the 5000 million Hong Kong dollars in Anyuan according to their judgment. For this reason, Lin Baicheng and Anyuan revised the contract and gave them 3% of the profits of the entire team as a bonus, which is actually quite a lot.
Although Lin Baicheng only gave 5000 million Hong Kong dollars in funds, when Hutchison Whampoa was shorted by Li Jiacheng and others for the first time, Lin Baicheng took out 5.67 million Hong Kong dollars from Xinghe Game Company and transferred it to Yum Securities to buy bottoms. He made a profit of 5670 million Hong Kong dollars and had to pay yuan in taxes. Ten thousand Hong Kong dollars, these taxes to be paid are also handed over to Yum Securities for operation, and they will be paid at the end of the year.
That is to say, the capital that Anyuan and the others can operate since then is 1 million Hong Kong dollars. The reason why they can make a profit of 1978 million Hong Kong dollars in 2.2 is mainly because the ship king entrusted Lin Baicheng to acquire Wharf, and Anyuan and the others spent a lot of money They operated, so they made a lot of money; later, Hutchison Whampoa made a lot of money by buying bottoms; coupled with the overall rise of the Hang Seng Index this year, their investment itself also made money.
The profit of 1978 million Hong Kong dollars in 2.2 was more than four times the real principal of 5000 million Hong Kong dollars. However, this is a special case. It is hard to say whether there will be a profit of 1979 million Hong Kong dollars in 2.
Although the principal of Yum Securities became about 1979 million Hong Kong dollars in 2.4, the abilities of An Yuan and others were not super strong, unless they could recruit more capable financial geniuses in 1979 to make the company's annual profit reach 80%. There can be a profit of 2 million Hong Kong dollars, otherwise the company's profit in 1979 will be a question mark.
For the profit of 1978 million Hong Kong dollars in 2.2, the bonus of An Yuan and others was 660 million Hong Kong dollars. Lin Baicheng will definitely give them this money.But the company has given out so many bonuses, so of course it has to recruit better talents. If anyone's ability can't keep up, he will definitely be eliminated, and even An Yuan has to make way for more capable talents.
In addition to the principal business operated by Anyuan and the others, Yum Securities also has a Yum Fund, but the profit of Yum Fund has nothing to do with Anyuan and others, and it is Lin Baicheng himself who trades.
However, Lin Baicheng used all the funds of the fund to operate gold futures, and the number of times he bought them was not many at all.As for the profits brought by the fund to the company, the current profits of the fund are indeed a lot, but Lin Baicheng will only sell after the price of gold reaches a high point, so the profit of the fund has not been settled at all, which means that he did not contribute to Yum in 1978. Securities make money.
The principal of Yum Securities became 2.4 million Hong Kong dollars, and the company's net profit after deducting taxes and employees' salaries was nearly 2 million Hong Kong dollars. However, Lin Baicheng hoped that the company could recruit better talents in 1979. After all, Bao Yugang acquired Wharf and Good things like buying bottom Hutchison Whampoa do not happen every year. Whether the company can make money and the ability of the operating team are very important.
In the end, it was Galaxy Games, the most profitable company among the seven companies.
Galaxy Games only produced two arcade games, "Tank War" and "Donkey Kong" in 1978, but last year's two arcade games "Xiangjiang Cube" and "Pac-Man" were also on sale, and these two The performance of this game is even better than last year.
Of course, this refers to the arcade games sold to the outside world. Galaxy Games produced more than these two games in 1978. Console games such as "Super Mario Bros.", "Gold Miner," and "Vacuum Boy" are also being developed, but these games cannot be sold on the console until the console is completed.
Some of these console games are still under development, some have completed the development, and some have not even begun to develop. The console games in 1979 will be dominated by "Super Mario Bros.", and other games will serve as two wings to support the Galaxy console.
Some of these console games were proposed by Lin Baicheng for their gameplay and settings, while others were completed by the R&D team from the beginning to the end without Lin Baicheng intervening in the slightest.
After all, Galaxy Games is only one of Lin Baicheng's many companies. It is impossible for Lin Baicheng to devote all his energy to the game company, especially the game research and development department. Therefore, the team of the research and development department must develop games by themselves to exercise their abilities.
In 1978, "Xiangjiang Square" sold 6.3 units, "Pac-Man" sold 8.5 units, "Tank War" sold 7.2 units, and "Donkey Kong" sold 4.5 units.
These four arcade games made a profit of 1978 billion Hong Kong dollars for Xinghe Game Company in 12.8, which is about 3 million U.S. dollars, which is a proper huge profit.
The reason for such a high profit is also thanks to the huge profits of arcade games in this era, and the games developed by Galaxy Games are all classic games, otherwise there would be so many sales and such high profits.
In 1979 of this year, it is foreseeable that the sales of the two games "Xiangjiang Cube" and "Pac-Man" will inevitably drop sharply, which is unavoidable.Fortunately, the focus of Galaxy Games in 1979 was to launch consoles, but arcade machines will also be developed, and Lin Baicheng will still provide settings and gameplay. It is also a popular arcade game before its rebirth. I believe that the performance will not be bad by then.
In addition to arcade games, the anti-piracy software also earned a profit of 10 licenses from Taito Co., Ltd., which is 700 million U.S. dollars, or nearly 3000 million Hong Kong dollars.
Taito Co., Ltd.'s "Space Invaders" went on sale in 1978, and it was also a big hit, not at all worse than the sales of "Tank War" that went on sale in the same year.The reason why it can earn 10 arcade machine authorization profits is because Taito Co., Ltd. has to stock up in advance, and must first transport the arcade machine motherboards to the Xinghe game factory, and wait until the anti-piracy software is copied. Shipped back to Japan, so the number of orders must be more than the actual sales of the arcade.
Although the profit of Galaxy Games is high, the investment is also a lot. The development of console games such as "Super Mario Bros." requires a lot of costs, let alone the research and development of the big Galaxy console.
The recruitment of high-level talents, the purchase of high-end equipment, the expenditure of employee salaries, etc., the total expenditure in 1978 was as high as 7.5 million Hong Kong dollars, the bulk of which was the console expenditure of Xinghe game.
In addition, in 1977 and 1978, the profit totaled about 10 billion Hong Kong dollars. The company has to pay taxes this year, and the calculation method of operating income tax is related to the revenue. However, the revenue of Galaxy Games is still ridiculously high. , even after professional accounting, Xinghe Game Company has to pay about 1 million Hong Kong dollars in taxes in two years.
This is still accounted for through reasonable and legal tax avoidance, otherwise the tax to be paid will only be more.But Lin Baicheng can't be that stupid. Although he can't make false accounts, he will definitely do reasonable and legal tax avoidance, otherwise he will be a fool.
It is also thanks to Lin Baicheng who made a fortune twice from the Hutchison Whampoa company in 1978 because he was short-sold twice, so that he had so much money to buy here and there. Otherwise, even with the performance support of Xinghe Game Company, he Can't do that much either.
(Thanks to 'There is always a stunner who wants to fuck me' for the big 500-point reward and support!)
(End of this chapter)
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