Through the wealth life

Chapter 1298

The time has come to 1991 in a blink of an eye. The past year or so has been full of turmoil. There is no need to go into details on the mainland side. John Major has been transferred back to England in Xiangjiang, and Patten will take over as the governor of Xiangjiang. If there is no accident This will remain in office until Hong Kong's return in 1997.

At the same time, the Gulf War has begun, and Iraq has occupied the entire territory of Kuwait. The United States and the Soviet Union issued a joint statement demanding that the entire Iraqi army withdraw from Kuwait. Until now, Iraq has not retreated.

At present, troops from dozens of countries have gathered in the Middle East, including Britain, the United States, Canada, Australia, Japan, South Korea, Germany (the dual virtues have been unified), France, Italy, Spain, Czechoslovakia, Norway, Saudi Arabia, etc. In this country, there are seven or eight aircraft carriers in the Middle East, just waiting for the arrival of the last time.

As for Bentley Island, which is a British Overseas Territory, and because it is located in the Indian Ocean, 2000 Mirage 12cs have been sent there this time. As for the Army Bentley Island, none of them have been sent. The Navy’s four 23 frigates are still in the British shipyard. inside, also no.

The situation in Eastern Europe is even worse. Apart from the Soviet Union, other member states have basically achieved a multi-party system, including Yugoslavia, Romania, Bulgaria, Poland, Czechoslovakia, and Hungary.

Now Li's consortium and Western European capital are rapidly occupying the markets of some Eastern European countries, and using this as a base, they are heading towards the Soviet market.

When the Allied forces were about to launch an offensive, on January 1991, 1, Li Guangyu held a 5 summary meeting on the second floor of the Wheelock Building.

At the meeting, major groups made reports. Hengyu Supermarket Group continued to consolidate its first position, with a turnover of 583 billion U.S. dollars, ranking second only to Sears’ 654 billion U.S. dollars in global retail sales. .

And Hengyu Supermarket Group’s profit last year reached 82 billion US dollars, ranking first in the Li’s consortium besides Tianyu Financial Group. As for the profit of Tianyu Financial Group, it has always been a mystery. Anyway, the Li’s consortium has only a very small number of people Know.

The second place is Donghua Trading Company, whose profit reached 76 billion U.S. dollars last year. The reason for this achievement is due to the changes in Eastern Europe.

The third to tenth places are Xingyu Game Group, Bentley Group, South China Electric Chain Group, Oriental Semiconductor Group, Heung Kong Communications Group, Heung Kong Air Transport Group, Feiyu Group, and Wheelock Group.

Excluding the normal expansion of major groups, the funds that can be handed over to him this time exceeded 400 billion US dollars, allowing him to have sufficient funds to expand some industries.

Zhou Xiaoning said: "After these years of development, we don't say anything about the listed group, but the shares are there. We did not go public. Based on the comparison with similar listed companies, we made an estimate. The current market value of Hengyu Supermarket Group, which is the largest, has a market value of 350 billion. about."

The Lee consortium's calculation of profit is different from that of the outside world. The purchase of stores is not included in the cost. That is to say, the more than 900 supermarkets of Hengyu Supermarket Group do not need to pay rent, so the profit appears to be so high.

This is not just the case with the Hengyu Supermarket Group. All the stores of the Li's consortium and companies are self-owned. Except for some special markets, they have bought everything that can be bought, which leads to the disappearance of their biggest rent cost.

Moreover, the funds for purchasing stores are not counted into the group, which makes Hengyu Supermarket Group report very high profits every year.

Some listed groups are quite opinionated. After they are listed, if they expand, they usually purchase from their own side, and they need to be calculated into the cost. The net profit is much less than the calculation of Hengyu Supermarket.

For example, Feiyu Group, relying on Xinghong Sports Group and the two major Asian leagues in the past few years, has made its product sales more popular. Whether it is Nike in the United States or Adidas in Europe, they have been firmly suppressed by Feiyu Group .

For example, Bentley Group and Feiyu Group, they can't do this calculation. When they calculate their profits, they have to be consistent with the major listed companies. Unless it is absolutely necessary, Li Guangyu will not inject capital into them.

Just like the Wheelock Group, the current annual expenditure is far greater than their annual income, but they still squeeze into the top ten of the Lee Consortium.

However, this is an internal report of profit, mainly to facilitate Li Guangyu to know how much cash he can use.

It's different when filing taxes. Various depreciation will come out. Zhou Xiaoning has a number of taxation groups dedicated to researching the taxation laws of various countries, so as to reduce the tax payment of the Li's consortium as much as possible.

After Zhou Xiaoning introduced the various groups and independent companies, he made a summary. Apart from Tianyu Financial Group, the total market value of the enterprises under the Li Family Group exceeded 7500 billion US dollars, which is only one step away from the trillion-dollar consortium.

Although the Lee Consortium has always been known as the world's top consortium, the total assets controlled by its own consortium have always been inferior to the top ten consortiums in the United States and the six largest consortia in Japan.

The reason for this is that the enterprises controlled by Li Guangyu are either 100% sole proprietorships or control 70% of the shares.

And these consortiums only need to control 30% to 40%, some even less, but the other party can still control their enterprises, which makes Li Guangyu's net assets more than some consortiums, but the use of assets is not as good as others.

Being able to control trillions of assets is the sign of a top-level consortium. At present, the Li's consortium is still a little bit short, even if Tianyu Financial Group is added, it will not be able to reach the height of trillions of assets.

Although Tianyu Bank has 500 tons of gold, it is not worth much. As for the more than 200 billion U.S. dollars in Tianyu Company's account and the more than [-] billion U.S. dollars in Li Guangyu's personal account, the sum is not enough.

Of course, another 400 billion is about to be handed over this time. The amount of cash in his hands including Tianyu Investment Company has finally exceeded 1000 billion. For such a huge consortium, the amount of cash in hand is finally half of the cash flow in the hands of the future Apple. .

Thinking about the market value of an Apple company in later generations exceeding one trillion yuan, Li Guangyu found that the strength of his consortium was still too small, and the entire property was not as good as other companies.

After Zhou Xiaoning's voice fell, Li Guangyu said: "Our task this year is still to stabilize the Southeast Asian market and the Canadian market, strengthen the development of the mainland market and Eastern European market, encircle and suppress American retail and communication companies in the Australian market, and strengthen communication and communication in Western Europe. Internet industry cooperation."

At the end of 1989, the Canadian retail market was basically occupied by Li’s retail group. Currently in Canada, there are mainly Hengyu Supermarket, 7-11, Shenandoah Supermarket, Ito-Yokado, Watsons and Xinyi Supermarket of the Hsinchu Bank Consortium. There are also some Canadian local supermarkets, but these are not too large.

Although Costco is still relatively tenacious, it has been losing money for the past two years. Li Guangyu believes that the other party will choose to give up in a few years.

Last year, Hengyu Supermarket Group encircled and suppressed Wal-Mart in Baodao, causing it to retreat from the Baodao market just like Carrefour.

This year, Li Guangyu has set his sights on Australia, which will be the main battleground between Lee's retail group and the American retail group.

Entering the US market, the Lee Consortium has too many restrictions. Now the strategy of the Lee Consortium is to trap American companies in the US market as much as possible and weaken their development potential.

……

(End of this chapter)