Reborn as a Hong Kong Tycoon

Chapter 830 1980 Annual Report ()

Longevity Biopharmaceutical Company.

The company invested US$5 million, and Lin Baicheng personally invested US$4.9 million.

However, this company, which invested heavily, had only expenditures and no revenue in the 80s.

The whole company is currently carrying out project research and development, and there is no result yet. Naturally, there will be no product sales, and no profit will come from no revenue.

There is no revenue, but the company's expenditure in 80 is very huge.

With the establishment of the laboratory, the recruited talents began to carry out research and development, and the project was established, and the funds continued to flow out.

Lin Baicheng personally set up a project for research and development, but although he became a genius after rebirth, he is still a human being, not a god, so the research and development project he led has not yet produced results.

Of course, the research and development projects established by Lin Baicheng are not without any results, and there is still some progress, but those are only partial progress of the project, which cannot be commercialized and cannot generate income for the company.

Lin Baicheng is very clear about the situation of Changsheng Medicine and Biological Company, and he is even mentally prepared to lose all 5 million US dollars within a few years.

This company is a hope in Lin Baicheng's heart, a hope to develop treatments for most serious diseases and prolong human life.After earning so much money, he certainly hopes to live a healthy life and live longer. The huge amount of money invested is just for hope.

And this hope is because of Lin Baicheng's own investment, he feels that he can see it, not a gamble that cannot see the future.

Jupiter Toy Company.

In 79, the toy company's flagship products were Rubik's cube, claw machine and yo-yo, but in 80, the toy company's top-selling products were still these three.

With the expansion and promotion of channels, in 80, these three blockbuster products brought Jupiter Toys more lucrative profits than in 79.

Still, Jupiter Toys didn't do nothing in the '80s.

In addition to the research and development of mini four-wheel drive toys requested by Lin Baicheng, the company's R&D department has also developed several products, but these products are not as popular as the top products, and the audience is not so big, but they have made some money for the company. At least the cost of research and development can definitely be recovered.

In 1979, the revenue of Jupiter Toy Company exceeded 4 million Hong Kong dollars, with a net profit of 1.6 million Hong Kong dollars, which can already be said to be very profitable.

In 1980 last year, Jupiter Toys had a revenue of 5.75 million Hong Kong dollars and a net profit of 2.27 million Hong Kong dollars, an increase of nearly 50% from the previous month.

The reason why the revenue and profit of Jupiter Toys Company did not increase too much is because the technical content of the company's Rubik's cube, claw machine, and yo-yo ball is too low, and it is easy to be copied. Occupying too many markets, the toy company had no choice but to lower the price of its products, so even though more products were sold with the expansion of channels, in fact it was not as profitable as before.

But this is an unavoidable thing. Patented technology is useful, but as long as the benefits are large enough, there is no way to prevent others from copying and making money.

The mini four-wheel drive racing toy that Jupiter Toys is currently developing was developed by the toy company directed by Lin Baicheng. The reason for developing this is not only because Lin Baicheng knows that it can be popular, but also because its technical content is not low.

Even though it is just a mini four-wheel drive racing car, from the overall design of the racing car to the production of spare parts, there is a certain level of technical content, not everyone can copy it, so there is a certain threshold, which can ensure that after the toy is developed, the company Can have greater profits.

It's a pity that after the whole year of 80, the toy company has not completed the research and development. Fortunately, the research and development has come to an end. If there is no accident, the research and development can be completed in the first half of 81.

Lin Baicheng continued to read the annual report, and the next company was Xiangjiang Telephone Company.

Xiangjiang Telephone Company was acquired by Lin Baicheng in March 80. The company's total share capital was 3 million shares. Lin Baicheng spent HK$1.5 million to acquire 4.964 million shares, accounting for 6600% of the total share capital. At the price of 44 Hong Kong dollars, if only the book market value of the shares is calculated, Lin Baicheng has already made 9 million Hong Kong dollars in acquiring this company.

After the acquisition of Xiangjiang Telephone Company, Lin Baicheng, in addition to replacing part of the management, made the biggest change to the company by allowing the company to enter the communication equipment market. Bought the communication equipment technology, digested the purchased communication equipment technology, and conducted self-research.

The business operation of Xiangjiang Telephone Company has basically not changed much, and it remains the same as it was before.

At present, the annual revenue of Xiangjiang Telephone Company is less than 7000 million Hong Kong dollars, and the net profit is only million Hong Kong dollars, which is almost times the price-earnings ratio. Considering the monopoly market of Xiangjiang Telephone Company in Xiangjiang, this price-earnings ratio is not high.

However, the business model of Heung Kong Telephone Company has basically been fixed. Only with the economic development, more and more people can afford landline calls, can the company's revenue and profits increase.This is also the main reason why the price-earnings ratio of Xiangjiang Telephone Company is not too high even though it monopolizes the market.

But this is now. When the mobile phone, that is, the mobile phone, is developed, with the commercial promotion, the income from telephone charges and broadband charges in the future will definitely allow Xiangjiang Telephone Company to take off in place.

If you use a reference point for comparison, it will be Huaguozhong Mobile in a few decades. This mobile company will have a market value of up to trillion in a few decades.

Even if Xiangjiang Telephone Company is only China Mobile of Xiangjiang, the market value of trillions is unimaginable, and the market value of hundreds of billions is still conceivable.

Before the mobile phone was developed and put into commercial use, Lin Baicheng's biggest expectation for Xiangjiang Telephone Company was the progress in the research and development of communication equipment technology. In terms of performance, he actually didn't have much requirements, even if the company didn't make money every year, he could accept it.

With Lin Baicheng taking over Xiangjiang Telephone Company, all profits of this company will be invested in research and development in the future.

Then came Raytheon Security.

There is nothing to say about this company, it is all investment without any revenue, and with the recruitment of personnel, training, and purchase of weapons and equipment, the investment in 80 is more than that in 79. Lin Baicheng invested a total of 1 million in this company U.S. dollars, but the 1 million U.S. dollars has not been spent yet.

Raytheon Security Company is currently training two types of personnel, one is mercenaries and the other is bodyguards.

Mercenaries and bodyguards are different. Mercenaries perform various tasks, and face more dangerous battles; while bodyguards, the main task is to protect the safety of their employers, and only when their employers are in danger will they There is fighting, and when there is fighting, the safety of the employer is the top priority.

Whether it can protect the safety of the employer is the most important thing for bodyguards.

The bodyguards trained by Raytheon Security were not used to protect Lin Baicheng, but to protect his family and those he cared about. Anyway, they served him and the entire Lin family.

As for the mercenaries, it is because there are too many people trained, it is impossible to support the rest for nothing, and it is inconvenient for Lin Baicheng or the company under his name to come forward, at this time there is room for mercenaries .

Therefore, Lin Baicheng is very happy for Lei Shen's investment in security.Moreover, when the mercenary training takes shape, Lin Baicheng will increase investment and purchase some advanced armed equipment, so that the trained mercenary team is worthy of the name.

In today's era, weapons are very important to the army or mercenaries. If the weapons and equipment are too poor, even a strong army with iron blood and strong will will not be able to resist an army with advanced weapons.

Under modern warfare, one shell could kill a lot of people.

"Come here today, it's time to get off work."

Putting down the annual report, Lin Baicheng looked at his watch and decided to stop here today and continue to read the rest of the annual report tomorrow.

Among the remaining corporate annual reports, there are only two joint ventures, Sino-Ocean Import and Export Trade and Xiangjiang Airlines, and Galaxy Games, which is listed in the United States, on Xiangjiang's side, and three charitable funds on Xiangjiang's side.

There are not many left, and Lin Baicheng predicts that he should be able to finish reading tomorrow morning.

After returning home from get off work, Lin Baicheng had dinner with his parents.

Two years later, Lin Qin flew to Los Angeles to continue his studies, and his two cousins ​​hadn't returned from the mainland, so if the Lin family's servants were not counted, only Lin Baicheng and his parents were there.

The next morning, Lin Baicheng continued to go to the company to read the annual report.

Galaxy Games Inc.

In 1979, the company had a profit of $4.3 million and ended the year with $4.2 million in capital.At that time, part of the book funds of 4.2 million U.S. dollars had not been recovered, and the 4.2 million U.S. dollars were only the total book funds.

In 1980 last year, the company's profits continued to grow, and the final net profit reached 5.2 million US dollars, a growth rate of almost 20%.This growth rate does not seem to be high, but based on the net profit of 4.3 million US dollars, the increase last year was 9000 million US dollars more than the previous year. This growth rate is not low.

As of the end of the 80s, Xinghe Game Company had a revenue account of 2.3 million U.S. dollars and an account payable of 7000 million U.S. dollars, which means that there are still 1.6 million U.S. dollars that have not been recovered.No way, this is how business is done, it doesn't mean that you can receive all the payment immediately after selling the goods.

Based on the arcade distance of Xinghe Game Company, Christmas is the peak season, and there are a lot of orders, and these orders Xinghe Game Company can only receive % of the advance payment at the beginning, and the customer will pay % of the payment after receiving the goods. Another % of the payment will be received in one month, and % of the final % payment will be received every other month.

In other words, the prepayment for the order is % of the total price, another % after the delivery, and the remaining % is paid in three months.

In order to get more orders, the condition of accepting customer installment payment is unavoidable.This is the same as Xinghe game company purchasing accessories from other companies. Under large-scale purchases, other companies also need to accept Xinghe game company's conditions of price reduction and installment payment.

Galaxy Games has high revenue and high profits, and the investment is not small.

The R&D of the games produced by the company requires investment, and the R&D of the hardware of the console also requires investment. At the same time, the company is still developing racing games, which also require investment.

For example, the share of senior talents, employee salaries, factory water and electricity, taxes, product announcements, etc., have all been deducted from the total net profit, and the most invested in various research and development.

As of the day when the annual report was counted, the stock price of Xinghe Game Company closed at $36.2. Compared with last year's annual report, the company's stock price has dropped a lot.

Xinghe Game Company did not encounter any obstacles in 80, and its annual revenue and profit reached a record high, but the company's stock price fell instead. The price of the US dollar was above the price, and then began to ship, and when the institutions sold almost, the company's stock price naturally fell sharply.

The sharp drop in stock prices is also related to the deliberate suppression by institutions. Of course, institutions that have completed shipments hope that the stock prices will be as low as possible, so that they can buy back the sold stocks at a lower cost.

Lin Baicheng knew all this, but he ignored it. Anyway, Wall Street's harvesting of American leeks has nothing to do with him.

Xiangjiang Airlines, the company's annual report is actually nothing to look at.

The company was established in May 80. Bao Yugang, Guo Henian, and Hu Yinxiang are all shareholders of the company. Currently, the company is still recruiting employees for training, and the planes ordered have not yet been delivered, so the company now only has expenses and no income.

As an airline, as long as the economy of the city where it is located is good and the flow of people is large enough, the airline will definitely make money.

Xiangjiang is the port of the mainland and an international metropolis. Needless to say, its future economic development, airlines will inevitably make money in the future.

Ocean Import and Export Trading Company.

This company conducts import and export trade with Xiangjiang, Japan, and the United States as the core. With the help of Lin Baicheng, Bao Yugang, Iwasaki Mineryu, Phil Smith, and Logan Rockefeller, the company's shareholders, the company's import and export The trade is booming, and the revenue and profit are naturally very good.

In 1980, the company's revenue was 7.4 million Hong Kong dollars, with a net profit of 2 million Hong Kong dollars, and a net profit rate of about 27%.

The total investment in ocean import and export trade is 10 billion Hong Kong dollars, not counting the company's net assets. It only takes five years for all investments to recover their costs.

Such a company can already be said to be very profitable.

The company made money, but Lin Baicheng and his shareholders did not divide the profits, but continued to invest in the company's operations, hoping that the company would develop better and earn more money for them.

In the annual report of Xiangjiang, there are three charitable funds left at the end: Huilan Public Welfare Fund, Haishan Education Fund, and Lin's Charity Fund.

When Huilan Public Welfare Fund and Haishan Education Fund were first established, Lin Baicheng and everyone injected 1000 million Hong Kong dollars into these two companies.It's not too much, but it's not a small amount either. If it's used for charity, it can actually make the charity fund operate for a long time.

In 80, Lin Baicheng injected 1000 million Hong Kong dollars into each of these two charitable funds again, and then he didn't pay much attention to them. However, Lin's father and Lin's mother would often ask, because they are the owners of the charitable funds, and they are required to show up in many charitable occasions The main reason is that Lin Baicheng found something for the two elders to do, and let them have face.

Lin's Charity Fund did not inject much money at the beginning after its establishment, but starting this year, Lin Baicheng will inject 5% of the net profit of the company under his name last year into the Lin's Charity Fund.

Even though it is only 5% of the net profit of the enterprises under Lin Baicheng's complete control, it is not a small amount for all enterprises added up, and it occurs every year.

(End of this chapter)