Chapter 365: Revenue exceeds 100 billion, and Germination ranks among the top 100 in the world!(1/3)
After returning from Xirang Technology, in the afternoon, Zhang Shuo presided over the Germination debriefing meeting.
The agenda of the meeting is very simple. The main purpose is for the heads of each subsidiary to give a simple work report, summarize the work results in 2012, and report on the work plan for 2013.
This is a disaster that no working worker can escape at the end of the year.
At the beginning of the meeting, Lu Qi, the rotating president, gave the group's annual summary report. "In 2012, the group is expected to achieve operating income of 115.84 billion, and the profit handed over to the parent company is expected to be 81.39 billion."
Because the accurate data for December has not yet been released, Lu Qi reported estimated data.
But it’s not that bad!
There is no doubt that this is a set of super eye-catching data.
You must know that the original Shikong Tengda's annual operating income in 2012 was 43.9 billion and operating profit was 15.48 billion. The revenue was only one-third of that of Suiya, and its profit was less than one-fifth of that of Suiya.
In this life, Tenda's 2012 financial report will only be worse than this.
In terms of operating profit, Sprout Group may even be the sum of Tengda, Ali, and Qiandu, making it a veritable super giant.
Of course, there are also some accidental factors here.
That is, Sprout's operating profit in 2012 included nearly 40 billion in abnormal income. After deducting non-normal income, the actual profit was reduced by half, to just over 40 billion.
The so-called abnormal income refers to income that does not occur often or does not occur every year.
including but not limited to--
12 billion in proceeds from the sale of 71 Assistant Motu Xiuxiu;
Weixin Traffic Portal received 13 billion from Ali and 10 billion in service fees from Qingcheng;
The investment income of 3 billion obtained from the transfer of Automobile Network shares.
etc.
This is why, even though Sprout Group only has a revenue of hundreds of billions, it has created profits of more than 80 billion, with a profit margin of an astonishing 70.3%.
Is it okay to defeat all companies in the world?
Even after deductions, Germination's profit is more than twice that of Tenda. This is the real reason why Zhang Shuo no longer regards Tenda as his number one competitor.
It has been crushed!
And with the budding development momentum, the gap between it and Tenda will only widen in the future.
If placed on the list of the world's top 500 companies, Sprout Group's non-profit deductions in 2012 would rank among the top 100 companies in the world, almost at the same level as PepsiCo and Cisco.
You can see how terrifying it is.
Before you know it, Sprout has already become one of the top 500 companies in the world.
And they are still among the best.
“In 2012, the group successively established subsidiaries such as Sprout Investment, Sprout Financial Holdings, Pinxixi Group, Mango Automobile and Daosui Group, and participated in investments in companies such as Huaxia Microelectronics, Walli Intelligent Manufacturing, Jingdong, etc., and jointly with Tenda
Preparations were made for the establishment of Weizhong Bank. The Germination Industrial Park was also developed from scratch, with the total number of employees exceeding 100,000..."
Lu Qi’s summary is very concise.
But every difference in expression represents a new change in the Sprout Group. Its business scope is getting wider and wider, its revenue and profits are getting higher and higher, and its influence and valuation have also skyrocketed.
no doubt.
Sprout Group is already one of the most highly valued unicorn companies in the world.
"Next year, while stabilizing the current fundamentals, the group will continue to increase investment in research and development and continue to make efforts in semiconductors, electric vehicles, e-commerce and other businesses."
Generally speaking.
There won't be any new business in Germination next year, and the overall goal is to expand the basic base.
Really want it.
It is estimated that we will have to wait until 2014 to open a new trend - short video business.
After Lu Qi.
Pei Weiping, President of Qingcheng Group, reported, "In 2012, Qingcheng Group, with the support of the parent company, successively merged with Moutuan and Tongcheng, and completed the B-round financing, which greatly improved the business layout in the local life service field. Next year, Qingcheng Group will
We mainly promote the three major business sectors of [Lifestyle], Qingcheng Bicycle, and Qingcheng Taxi."
Just last week, Qingcheng Group completed another tens of billions of capital increases.
It can be said to be very powerful.
Even the merger of Nomi.com and Dacong Dianping cannot shake the status of Qingcheng Group.
Of course, Qingcheng Group is not without its shortcomings. The biggest shortcoming is that next year, or even the next three or four years, it may not be able to achieve profitability and will have to maintain a loss-making state.
It needs continuous financing or relies on the parent company for blood transfusion.
"Talk about Qingcheng's R&D plans for next year." Zhang Shuo took the initiative to ask.
"OK."
Pei Weiping is not afraid, "Qingcheng's research and development is divided into two parts: hardware and software. In terms of hardware, it mainly includes environmentally friendly tableware, shared charging boxes, shared bicycle smart locks, smart screens, etc."
"The basic idea is to develop the second generation based on the first generation."
"For example, for environmentally friendly tableware, Qingcheng has developed a series of products such as paper straws, degradable tableware, and degradable plastic bags, but the practicality and economy still need to be improved."
"Shared charging boxes and smart locks also have similar problems and need to be continuously improved."
"In terms of software, the main thing is the optimization of the Qingcheng app. The optimization here is not simply about optimizing the UI interface, but mainly goes deep into the big data level."
"Qingcheng will strengthen sharing with the group's data center and work closely with the data center and Fertile Land Research Institute to deeply explore the application of big data in local life services."
"Give me a simple example."
"Through big data analysis, Qingcheng can accurately infer the delivery time of each dish in each restaurant. For example, Kung Pao chicken takes five minutes and steamed pork takes half an hour."
"By predicting the delivery time, we can accurately schedule the delivery time of the food delivery personnel at the store, and reasonably optimize the food delivery personnel's action routes to save time to the maximum extent."
“The optimization of Qingcheng app is also reflected in the application level.”
"For example, in the past, when consumers ordered food on the Qingcheng app, many of them did so over the phone, and restaurants also wrote orders by hand, which was prone to errors due to handwriting problems."
"Now, the Qingcheng app has implemented cloud printing function. After the consumer places an order, the menu will be simultaneously transmitted to the restaurant and the delivery staff, automatically winning the order and ensuring the accuracy of the order."
Even if it is a food delivery service, there is still high technology hidden inside.
"Using big data and allocating time rationally, I don't object to this, but there is one thing." Seeing that Qingcheng had a tendency to become a mold in the original time and space, Zhang Shuo had to stand up and remind him.
"Technology is cold, but people are not."
"Qingcheng can accurately calculate the meal preparation time and can reasonably plan the route for the food delivery personnel, but it cannot pursue the ultimate in efficiency and traps the food delivery personnel in the system's algorithm. It does not even consider weather, traffic lights, accidents, fatigue and other realities.
factors, constantly squeezing the flexible delivery time of food delivery personnel.”
“I don’t want to say that Qingcheng will eventually become a cold algorithm company.”
"this…"
"It goes against the original intention of establishing Qingcheng."
Zhang Shuo has always supported the application of big data. The group data center was established under his leadership, but what he insists on even more is——
"Technology is to serve people, so it should be for good, rather than having nothing to do with good or evil."
The so-called technology has nothing to do with good or evil.
It's just a set of excuses for a group of people who want to use technology to do evil.
"Ming, understand."
Pei Weiping and Wang Xin, the two leaders of Qingcheng, may have some misunderstandings, but they all secretly noted it down.
Du Qingqing, who was sitting not far away, heard Zhang Shuo's words and showed an imperceptible smile, "That's great. He has never forgotten his original intention."
My eyes felt a little blurry.
After Pei Weiping, Zhao Xiaohu, President of Qinghe Technology, reported.
"In 2012, with the strong support of the parent company, Tiantian Toutiao, a subsidiary of Qinghe Technology, was launched, Weixin Out of the Circle, Pangda Live, and Feixun successively completed A-round financing, and their market share steadily increased; Auto.com was successfully listed throughout the year.
It is expected to turn over a profit of 27.55 billion, successfully turning losses into profits."
Who would have thought.
Qinghe Technology, which was still losing money last year, actually created a profit of nearly 30 billion in one fell swoop.
This doesn’t include the hidden returns on investing in Winter Fright.
otherwise.
Qinghe Technology is even expected to surpass Jade Bird Interactive Entertainment and become the group's most profitable subsidiary in one fell swoop.
With the growth of Tiantian Toutiao, Panda Live, Feixun, Auto Network, Frog Browser and other businesses, Qinghe Technology is no longer a pure social network company.
Even if taken alone, it is a giant that cannot be ignored in the Internet industry.
The valuation easily exceeded 100 billion.
"Next year, Qinghe Technology will mainly make breakthroughs in two aspects. The first is to consolidate Weixin's position in the mobile social field. The main method is to add the [mini program] function to further improve Weixin's ecosystem."
To be continued...