Reborn in Hong Kong as a Tycoon

Chapter 611 Corporate Annual Report for [-] ([-])
Although the profit of Hutchison Whampoa in 1978 was 2.4 million Hong Kong dollars, some of these profits were obtained from the sale of the enterprise, not from business operations.

And if the profit of Hutchison Whampoa's investment in 1978 is included, the profit of Hutchison Whampoa in the previous year can exceed 30 billion Hong Kong dollars.

In the annual report of the previous year, the total market value of Hutchison Whampoa was about 250 billion Hong Kong dollars, and Lin Baicheng held 49.9% of the company's shares, which is equivalent to holding shares worth more than 120 billion Hong Kong dollars.

What Lin Baicheng is looking at now is the 79th annual report of Hutchison Whampoa.

After Hutchison Whampoa issued 4000 million additional shares, its total share capital was 4.4 million shares, and the 1.996 million shares held by Lin Baicheng accounted for about 45.364% of the total share capital.

At present, the stock price of Hutchison Whampoa fluctuates between HK$110 and HK$120. The company’s total market value is about HK$500 billion. Lin Baicheng’s shareholding value is more than HK$220 billion, an increase of HK$100 billion in market value compared to last year.

In 1978, including investment profits, Hutchison Whampoa's total profit exceeded 30 billion Hong Kong dollars.

而在去年的1979年，和记黄埔在二月份结算的黄金期货多单获利2.134亿美元，三月份出售外贸业务获利9.2亿港币，八月份出售金门大厦的价格是6亿港币和上市后剩下的28.5%佳宁集团股份，10月份结算黄金期货多单获利9.83亿美元，11月份增发4000万股让和记黄埔获得28.875亿港币的现金。

If these are converted into Hong Kong dollars, it is a little more than 94.3 billion Hong Kong dollars, plus 28.5% of Carrian Group shares that cannot be converted into exact figures.

This has not yet included Hutchison Whampoa’s US$78 million principal when it was long gold futures in 2, but this principal is still long gold futures, and this time it has used US$4 million more principal, so it has won The cash brought in by the interest will be deducted from the principal of 2 million U.S. dollars.

Nearly 86 billion Hong Kong dollars in cash, 28.5% of Carrian Group shares, and 4 million U.S. dollars in long gold futures. These are the profits of Hutchison Whampoa’s investment in this area in 1979, and only 86 billion Hong Kong dollars in cash That is nearly three times the profit of Hutchison Whampoa in 1978.

What's more, there is still 4 million US dollars of principal for long gold futures, which has not been calculated. The 4 million US dollars of principal operation is 25 billion US dollars long, and the profit is at least 13 billion US dollars. Adding the principal of 4 million is at least 17 billion US dollars. More than 70 million Hong Kong dollars.

However, the long gold futures with a principal of 4 million US dollars began to be shipped in January of 80, so the profit here is counted in 80 years, and the annual report of 79 years can only reflect that this investment was in 79 years. The value on the last day of the year, and this value cannot be converted into real cash.

Hutchison Whampoa made a lot of profits from its investment in 79, and invested a lot.

首先是由林佰诚主导的参与几家公司的融资，750万美元获得苹果3%股份，2200万美元获得新世纪软件4%股份，600万美元获得众合游戏公司3%股份。

The completion of Hutchison Hotel, Hutchison Hospital is under construction, the establishment of a chain of pharmacies named Hutchison Health, the acquisition of Kowloon Bus, the expansion of Watsons, the investment in the real estate industry, etc. all cost money.

The construction and decoration of Xiangjiang Hutchison Hotel are all built with the most high-end hotels, so this hotel alone cost Hutchison Whampoa about [-] million Hong Kong dollars.

Hehuang University Hospital also spent a lot of money. The construction cost of the hospital itself is [-] to [-] million Hong Kong dollars, not to mention the purchase of advanced equipment and the recruitment of skilled doctors. More than one billion Hong Kong dollars.

The investment of chain pharmacies and Huang Jiankang is not as much as one billion Hong Kong dollars, but there are more than three billion Hong Kong dollars.In fact, the construction of chain pharmacies does not cost that much money. The main thing is to buy medicines. At the beginning, a lot of capital is needed to buy a batch of goods and sell them in pharmacies.

In fact, the acquisition of Kowloon Bus did not cost much, and a few hundred million Hong Kong dollars is not a big sum for the current Hutchison Whampoa.

Hutchison Whampoa has invested heavily in Watsons and its real estate business, both of which are expanding overseas markets. Among them, the real estate business in Japan has invested US$4 million, or nearly HK$17 billion.

In addition to the expansion of real estate here in Hong Kong, Hutchison Whampoa invested about 1979 billion Hong Kong dollars in the real estate department alone in 25.

It can be said that Hutchison Whampoa earned more and invested more. In 1979, the total investment was nearly 70 billion Hong Kong dollars. In addition, the company paid 79 million Hong Kong dollars in dividends in 8 and repaid 12 billion Hong Kong dollars in loans.

However, although the loan was repaid 12 billion Hong Kong dollars, another 79 million U.S. dollars was loaned in 1, so the loan was actually only repaid about 79 million Hong Kong dollars in 8.

After one entry and one exit, Hutchison Whampoa's investment profits have been used to invest in the development of the company, allowing the company's net assets to continue to increase.

In 1979, Hutchison Whampoa's real estate sector naturally benefited as the real estate industry of Heung Kong continued to rise. Whether it was the investment in the purchase of building shopping malls or the company's self-built projects, the value had to increase a lot, and the net assets were greatly improved as a result.

In terms of business operation, Hutchison Whampoa’s profit in 1979 was more than HK$7 million. In addition to benefiting from the appreciation of real estate, it also brought a lot of profits to Hutchison Whampoa because of the retail business Watsons’ efforts in this year.

If you only look at Hutchison Whampoa's profit of more than 79 million Hong Kong dollars in 7, it is absolutely not worthy of Hutchison Whampoa's current market value of about 500 billion Hong Kong dollars.But if the company's net assets of more than 200 billion Hong Kong dollars are deducted, the company's price-earnings ratio is actually less than forty times.

A price-earnings ratio of less than [-] times, although not low, is not too high.

Lin Baicheng can accept Hutchison Whampoa's revenue and profits, because at his request, only a small part of Hutchison Whampoa's properties are sold, and most of them are held. Going well just increased Hutchison Whampoa's net assets a lot, but the revenue and profit did not actually increase much.

If Hutchison Whampoa is developing and selling at the same time as other real estate companies, then Hutchison Whampoa's profit last year may break HK$10 billion, let alone HK$20 billion.

Other real estate companies cannot learn the development route of Hutchison Whampoa, because only by selling properties can the funds be recovered, and real estate companies can continue to acquire land for development.The reason why Hutchison Whampoa can do this is because the company's investment is quite profitable, and the money from the investment profit can be invested in real estate development. With bank loans, there is no shortage of money.

After reading the annual report of Hutchison Whampoa, Lin Baicheng looked at the annual report of Xingyue Electronic Game Company, which he attached great importance to.

The Xingyue mainframe went on sale on May 79, 5. In the first month, the regular version of the Xingyue mainframe was sold for $12 each. The total sales volume in Xiangjiang, Japan, and the United States was 179 units. 15.4 units were shipped, 460 million game cartridges were sold, and total revenue was around $118 million.

After the first month, the price of the ordinary Xingyue console has been raised from $179 to $189, while the prices of the deluxe version and game cartridges have not changed.

More than a month after the price increase, the sales of ordinary consoles were only about [-]% of the previous ones. Later, driven by the promotion and "Mario Brothers", the sales of consoles increased. In October, the sales of the consoles exceeded the sales volume of the first month. .

Starting from December 189th, the price of the ordinary Xingyue console has been raised from $199 to $[-] again, and the prices of the luxury version console and game cartridges remain unchanged.

During the Christmas event, the Xingyue host not only said that the price of the host has been reduced from US$229 to US$199. After all, the price is still US$20 higher than the first month’s price. Therefore, there will be two game cartridges for the purchase of the host during Christmas and New Year’s Day. As a gift, although these are two games that don't sell very well, the company still costs money to produce cassettes.

Xingyue Electronic Game Company was spun off from Xinghe Game Company in April 79, so of course it was impossible for the company to have data in 4.

The revenue of Xingyue Electronic Game Company in 1979 was 6.67 million U.S. dollars, of which the console revenue was only 2.1 million U.S. dollars, and the bulk was game cassettes, whose revenue was 4.57 million U.S. dollars.

If it is profitable, the host will not want to make money, but will pay instead. It is the game cartridge that makes money.

普通款星月主机全球加起来大概卖出105万台左右，第一个月的15万台每台只计算成本要亏损60美元，有60万台每台要亏损50美元的成本，剩下30万台每台亏损40美元成本。

If you add it up, the cost alone will cause a loss of 5100 million U.S. dollars for ordinary consoles.This does not include various taxes such as tariffs, as well as the 10% commission for sales to these two companies in the Zhiyin Comics physical store and the Starlight Company physical store.

The deluxe version of the host can make money, but the problem is that the total revenue of the deluxe version of the host is only more than 100 million US dollars, and the profit is only a few hundred thousand US dollars, which is useless at all.

Xingyue Electronic Game Company still relies on game cassettes to make money. In 79, the company sold a total of 1200 million game cassettes, of which about 60 were extra gifts for buying consoles at Christmas, and there were no sales.

Of the total revenue of $4.57 million for game cartridges, the profit can be more than half, almost $2.4 million.

However, out of Xingyue Electronic Games’ total revenue of US$6.67 million, US$6670 million is going to Zhiyin Comics, Starlight Company and Jupiter Toys Store, which are in charge of sales. The first two companies account for the bulk.

1.23 million US dollars, this is the remaining operating profit of Xingyue Electronic Game Company.

In terms of net profit, taxes must be deducted, as well as salaries and bonuses for employees, factory water and electricity and other expenses. In the end, the remaining net profit of Xingyue Video Game Company is only 7500 million US dollars.

In 1979, the revenue of US$6.67 million was only US$7500 million in net profit, and the profit margin of more than 11% can be said to be not high.But there is no way to do it. The mainframe sales are losing money, and the profit margin will naturally not increase.

However, with more and more sales of Xingyue consoles, this situation will gradually improve in the future.

Xingyue Electronic Game Company relies on game cartridges to make money. When the consoles sell millions of units in the future, when a game is released, the potential market will be several million. Even if only 100 million players buy the game cartridges, That Xingyue video game company can also make tens of millions of dollars in profits.

The more Xingyue consoles are sold, the more efficient the company will be in making money from game cassettes in the future.

It can be seen that the prospect of Xingyue Video Game Company is still very good, at least Lin Baicheng thinks so.

Changsheng Pharmaceutical Biotech Co., Ltd. Lin Baicheng has already invested 1 million US dollars in this company. The company is building an experimental area, purchasing advanced scientific research equipment, and inviting top industry talents from European and American countries, so the company is not slow in capital expenditure.

The company's total initial investment will reach US$5 million, of which Lin Baicheng will personally contribute US$4.9 million, and the Rockefeller family will contribute the rest US$1000 million.It's just that Lin Baicheng doesn't have that much money for the time being, so the remaining 3.9 million US dollars and the financing of the Rockefeller family have not yet been carried out.

After Lin Baicheng completes the settlement of all long gold futures orders, he will find a reasonable time to transfer 3.9 million U.S. dollars to the account of Changsheng Pharmaceutical and Biological Company, and at the same time sign a financing cooperation contract with the Rockefeller family.

What Lin Baicheng is looking at now is not the annual report of Changsheng Pharmaceutical Biotechnology Company. The company has no specific business. Where does the annual report come from? What he is looking at is the progress of the company in all aspects.What is the progress of the construction of the test area? The equipment has been bought, which experts the company has invited, and which experts are still in the process of negotiation, etc.

This company, which was just established in 79, actually has nothing to say at present, only expenses but no income, and it may not have income in the next year or two, until the team led by Lin Baicheng develops commercially valuable results.

For research and development, Lin Baicheng is somewhat confident, but he usually does not have so much time, and does not stay in the laboratory all day like other scientists, so the development of research and development will not be too fast.In addition, having research and development results does not necessarily have commercial development value, which are two different things.

The important thing about Changsheng Biopharmaceutical Company is the future, and Lin Baicheng believes that the future prospects of this company will be very good, because it has an excellent scientist, that is himself.

After reading the report of Changsheng Medicine and Biological Company, Lin Baicheng only read the annual report of Asia Star Media Group.

In fact, if you really want to talk about it, Lin Baicheng still has a company, but this company is not registered in Xiangjiang, but the management is managed by Xiangjiang, and Lin Baicheng personally manages it.

This company is Raytheon Security, which is the security company established by Lin Baicheng.

Lin Baicheng personally manages Raytheon Security. The security company is usually managed by bodyguards such as Chen Yaoxian and Brian Owen, but they are in charge of different departments.

Today, the security company is still buying an island as a base, and is still in contact with the country where the island is located.However, a lot of manpower has been recruited, so they can only wait with a low basic salary; the sellers have also been contacted for firearms and other equipment, and they will not purchase until the base is confirmed.

The investment in Raytheon Security will definitely not be small, at least hundreds of millions of dollars, and basically don't think about how much money this company can make for Lin Baicheng every year, it basically requires Lin Baicheng to invest a lot of money every year.

Only pay without return, it seems that it is not what a businessman should do.

But the nature of the security company is different. Although it is not sure whether it can be used, but with it, Lin Baicheng will feel more at ease, so he is willing to pay the money, so he can buy peace of mind.

(End of this chapter)