787 [Financial Report]
"There will be problems with Jardine Mahjong?! These foreign companies are really bad luck." Ye Jin couldn't help but sigh.
I remember how glorious Jardine, Taikoo, Hutchison Wong, Huidefeng, and the Four Oceanic Shops were, how domineering and arrogant they were.
They monopolize Xiangjiang's transportation, freight, retail, energy, electricity, communications and other industries, and are the four veritable giants.
But now, except for the Pacific Foreign Exchange, the decline of the other three foreign exchanges, and the selling orders. It is really thirty years from Hedong to Hexi and thirty years from Hedong to Hexi, which is touching.
"Who made them make their business strategy mistakes? Huidefeng and Yshe have always regarded Xiangjiang as an ATM. Xiangjiang makes money and overseas investment. As a result, overseas investment has not made money, and Xiangjiang's business has also been dragged down." Luo Kangrui curled his lips and said, "If I had learned from Pacific Foreign Business and Jiadao Consortium, there would have been no such thing."
When Ye Jin heard this, he nodded.
Although the headquarters of Huidefeng and Jardines are located in Xiangjiang, their investment focus is overseas. They pursue the business strategy of [Making Money in Xiangjiang, Overseas Investment] and invest the money earned from Xiangjiang into overseas markets. This was originally a good idea.
However, since the first oil crisis in 1973, the world economy has fallen into a great recession, which has also severely impacted the overseas business of Jardinet and Huidefeng.
In comparison, Xiangjiang's economy gradually recovered from 1975, and by 1981, it had already shown a prosperous scene of fire cooking oil. Jardinet and Huidefeng ignored the investment in Xiangjiang because their main investment projects were overseas and did not make any profit.
In comparison, Chinese businessmen have taken advantage of the past few years to rise rapidly.
Like Li Chaoren's Cheung Kong stock market value was only HK$200 million when it was listed in 1972, but by the time the stock market was at its peak in 1981, the market value had risen to HK$5.2 billion. In nine years, the market value increased by 26 times. No wonder Hong Kong people praised it as [Superman].
In addition, although the Pacific Foreign Exchange among the four major foreign exchanges and the Kado Li Group among the British capital are both foreign exchanges, they are not like Huidefeng and Jardine.
In recent years, they have also increased their investment in Xiangjiang, making their business more and more prosperous.
For example, the Taikoo City developed by Swire Foreigners in the East District of Hong Kong Island covers an area of 53 acres, 61 buildings, more than 12,000 units, and a total of more than 40,000 residents. It is like a small city.
The total investment of this project is about HK$1.5 billion, bringing nearly HK$10 billion in profits to Swire Foreign Company. Moreover, in addition to residential buildings, there are also a large number of commercial real estate in Taikoo City, such as shopping plazas, entertainment centers, high-end office buildings, etc. The annual rent is over HK$200 million, which can be said to be a sure profit without losing money.
Karaoke Consortium has been paying attention to the power development in Kowloon and the New Territories over the years, and has invested more than 10 billion Hong Kong dollars in order to do so. However, the returns are also quite generous. Now the profit of a year is as high as 2 billion Hong Kong dollars. It can be said that it is quite profitable.
...
"This can be regarded as good will be rewarded, and evil will be rewarded." Ye Jin nodded and said.
I do not pay attention to Xiangjiang's investment and want to make more money in Xiangjiang, so I deserve to be sold now.
"Since they are going to sell, we don't miss the opportunity." He immediately reminded Luo Kangrui.
Huidefeng and Hong Kong Ding are both good companies with great potential. They are just temporarily facing difficulties. As long as they operate well, they will recover soon.
It seems that Hsiao-Huang was almost bankrupt in the loss, but after Li Chaoren took over, he began to turn losses into profits in the first year, making a profit of 320 million Hong Kong dollars.
If you want to miss this opportunity and want to acquire it in the future, it is impossible, but the price you pay is definitely much higher than it is now. Just like when you acquire Huhuang now, it is impossible to spend only 600 million Hong Kong dollars, and 600 million Hong Kong dollars is about the same as 600 million Hong Kong dollars.
"I know, Mr. Ye, don't worry, leave it to me." Luo Kangrui nodded and said.
Successfully acquiring Hui Defeng, one of the four major overseas companies, is definitely a great opportunity for him to shine his family and become famous in Xiangjiang. The acquisition of Hong Kong lamps can also allow him to get a golden hen, and it is difficult for him to not get rich in the future.
Therefore, these two acquisitions must be successful. With Ye Jin's financial support, Luo Kangrui believes that he will not fail.
"Okay, then wait for your good news." Ye Jin nodded with a smile.
...
In the next few days, Ye Jin asked the headhunting company to help him recruit Donglong Steel's management talents.
A few days ago, he spent 230 million Hong Kong dollars from Myth Bank to acquire 47% of Donglong Steel's shares. In addition, during the stock market crash, he ordered Dewicky to acquire retail shares, and the combined shareholding volume of more than 60%, becoming a veritable controlling shareholder and enjoying supreme power in the company.
Therefore, after he successfully took over Donglong Steel, the Lu family, who originally held important positions in various departments, were naturally expelled from the company, which left a huge power vacuum.
Ye Jin also knew that Donglong Steel is in a difficult situation now. The business shrinks and revenue declines. It is necessary to find management personnel as soon as possible to lead the company out of the quagmire.
However, it is not easy to find the right talent. It will take some time for the headhunting company, so Ye Jin is still waiting.
...
In mid-January, Fox Group held a shareholders' meeting and released its financial report for 1982.
According to statistics from Deloitte Accounting Firm, in 1982, Fox Group's total revenue was US$3.256.5 million, expenditure was US$3.968.7 million, and losses reached US$712.2 million.
Among them, Fox Pictures accounts for the largest revenue, and it relies on investment, production, distribution of movies, distribution of videotapes, television broadcast copyrights, and film peripheral product development licenses, which have received a total of 2.86 billion US dollars in revenue.
The biggest spending factor is Fox TV. Last year, Fox TV spent a total of 3.134 billion US dollars, which is really a powerful tool for selling money.
However, although the financial report is a bit ugly and he has lost so much money, after it was made public, the stock price of Fox Group increased instead of decreasing.
Because there are several other data that are quite satisfactory to investors. First, Fox Pictures' share of the America film market has further increased. Previously, Fox Pictures' revenue accounted for 45% of the market, and has risen to 52% this year, which shows that Fox Pictures is still growing and growing, leaving other film companies more and more backwards.
Chapter completed!