Reborn Xiangjiang as a Tycoon

Chapter 377 1978 Corporate Annual Report (2)

After reading the annual reports of companies in Japan, Lin Baicheng then looked at the annual reports of companies in the United States.

Lin Baicheng's companies in the United States include New Century Software Company, Starlight Company, Morningstar Pictures, Galaxy Semiconductor, and Zhonghe Game Company. Also, although Golden Fleece Company is an offshore company and its registered address is not in the United States, its annual statistical report

At that time, they were also counted as companies based in the United States.

New Century Software Company is 100% owned by Lin Baicheng. He invested US$10 million in this company to develop office software and then started selling it on the market. As of the end of 1978, the company's annual revenue was US$61.5 million.

, with a net profit of US$39.3 million, it can be said that the revenue and profit are quite high.

When Lin Baicheng only invested 10 million US dollars, this company certainly made Lin Baicheng make money. However, Lin Baicheng would not extract the company's profits, but would put the money in the company's account and invest it in the company's development.

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New Century Software's office software is very profitable. Unfortunately, the local market in the United States is close to saturation. The company will expand to other countries in the first half of 1979. At the same time, future revenue and profits will be smaller, and we will have to wait for personal computers.

After the market explodes, the company's office software will usher in a wave of explosion.

However, by that time, office software will no longer be exclusive to New Century Software Company. Under the competition of multiple companies, profits will definitely not be as high as they are now. In general, the market for office software is still limited.

As long as you can make a lot of money when you are in a monopoly at the beginning.

Fortunately, Lin Baicheng's positioning of New Century Software Company is not an office software company, but a software company. The company will also develop other software and open up other profit points, so the future of the company is still promising.

Starlight Company, Lin Baicheng invested a total of 50 million U.S. dollars, and currently has more than 600 stores in the United States. In order to open so many stores, he even borrowed 30 million U.S. dollars from banks. The company's stores currently sell toys, but will sell Star Wars in the future.

The game's console is a channel created by Lin Baicheng.

Starlight's revenue this year was US$135 million, but the net profit attributable to the company was only about US$10 million. This was because the Rubik's Cube provided a net profit of more than US$3 million.

Speaking of the Rubik's Cube, as of the end of 1978, a total of just over 910,000 Rubik's Cubes had been sold in the United States, with a total revenue of US$15 million. In order to promote the Rubik's Cube, more than four million were spent on publicity, plus shipping and US$1.20 each.

The total profit from these more than 900,000 Rubik's Cubes is about 9.3 million US dollars.

The total profit from the Rubik's Cube is divided between both parties. Starlight Company can get about 35% of the profit, and the remaining 65% of the profit goes to Jupiter Toy Company.

In general, even without the Rubik's Cube, Starlight Company's revenue and profits this year are pretty good. After all, there were not as many stores in the beginning as there are now more than 600. In March, there were only 40 stores. Since then, the number of stores per month

The quantity continues to increase, and the revenue and profits also continue to increase.

It can be seen that in this year of 1979, Starlight Company's revenue and profits will definitely increase by a large proportion. As long as it operates stably, this channel company can also bring stable income to Lin Baicheng every year, becoming a

Long-term meal tickets.

Morningstar Pictures, Lin Baicheng invested US$50 million. Just acquiring three small companies cost US$22 million. The remaining funds were used to expand distribution channels and invest in the production of three low-cost movies. By the end of 1978, there were three movies.

None of the filming was completed.

However, Morningstar Pictures did not have no income in 1978. After all, the company is a company that integrates distribution and production. The company made more than 6 million US dollars in profits by distributing other companies' movies. This is the revenue this year, and the profit is nearly 5 million US dollars.

, quite good.

Galaxy Semiconductor, there is not much to say about this company, because this company was founded not long ago, and its total assets are the technology and factories acquired from Texas Instruments and Intel. Its revenue and profits in 1978 are negligible.

However, the assets of this company are quite high. Lin Baicheng spent US$254 million to acquire the technology and factory itself, not counting the fees paid to Goldman Sachs. However, Lin Baicheng's acquisition was a premium acquisition, so the company's assets are not evaluated by outsiders.

There definitely aren’t that many in China.

Galaxy Semiconductor Company, Lin Baicheng has never thought about how much money he can make from this company, at least within ten years. He will even continue to invest heavily in order to catch up with the gap with other companies and bring the most advanced technology to the market.

Take control.

The purpose of this company's existence is to provide technical support to other companies. For example, the console of Galaxy Games requires the world's most advanced chips, memory, and displays, so that the products can be competitive. Although the company currently does not have display technology and factories

, but there will definitely be some in the future.

Zhonghe Game Company, there is not much to say about this company. Lin Baicheng, Phil Smith, Goldman Sachs, and Wade Thomas jointly invested in the company. The total investment of the company is 10 million US dollars.

Lin Baicheng personally invested US$4 million, accounting for 40% of the shares.

The company is currently still developing the arcade game "Western Cowboy", which has only expenses and no income, so naturally there is no so-called revenue and profit.

But things will be different in 1979. The research and development of "Western Cowboy" will be completed soon, and there will definitely be a lot of revenue and profits. At the same time, the company will definitely develop other arcade and console games. It is impossible to rely on "Western Cowboy"

Cowboy" is a game about eating.

In Golden Fleece Offshore Company, Lin Baicheng had US$700 million in principal financing and US$5 billion in long gold futures at a cost price of US$198.47 per ounce. He bought it and left it alone. The remaining US$100 million was handed over to Vivien Kelly.

Waiting for the top management to take care of it, the current profit is more than 6 million US dollars, which is not bad.

Another thing is that Lin Baicheng asked the offshore company to use US$100 million in principal to raise US$500 million to buy Hutchison Whampoa at the bottom. Before New Year's Day, when Hutchison Whampoa's stock price exceeded 60 Hong Kong dollars, the offshore company slightly reduced its holdings of some stocks and withdrew them.

With more than 300 million Hong Kong dollars in funds, plus about 100 million Hong Kong dollars remaining from the previous financing, all funds were transferred to Lin Baicheng's account at Goldman Sachs.

It is equivalent to saying that the offshore company has returned the principal, and the remaining 59.1 million shares of Hutchison Whampoa are pure profits without any capital. However, if you want to sell these stocks into cash, you have to slowly

You have to sell it, otherwise Hutchison Whampoa's stock price will collapse.

The New Century Software Company, Starlight Company and Morning Star Pictures here in the United States all have a lot of revenue and profits, and they all have to pay taxes. However, the two assistants and the managers of each company will handle the tax matters, and those who should avoid taxes will avoid taxes.

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Lin Baicheng only needs to check it before the tax filing season to make sure that there are no problems with each company's tax filing.

[Thanks to ‘Brother Hedong’ for the huge reward and support! 】

(End of chapter)