Xiangjiang's economic development report last year has all come out.
The annual development report of the company owned by Xia Yu can naturally be produced.
It's just helpless that he owns so many companies that he can't come over at all.
So he had to take time out regularly and watched them one by one.
Then I picked out the annual report of one of the companies that deserved attention, and then took a time to visit and check on the spot.
If there is a problem, point it out in time and ask for a solution.
On this day, Xia Yu was looking at the report in the office.
Huo Jianning finally walked in with the documents.
"Chairman, the report on the strategic development of fully entering the Philippines has been made, please review it."
"Okay, let it go, I'll watch it later, you go ahead."
Xia Yu raised his head and gestured, and continued to drink tea and watch the Tiangong Group's financial report.
Tiangong Group is worthy of being his most profitable core asset besides financial companies.
In a nutshell.
There are currently seven tier-one companies operating independently under the Tiangong Group, and the others are all financially invested.
The seven companies are Tiangong Technology Laboratory, Tiangong Electronics Group, Tiangong Automobile Group, Tiangong Electric Group, Tiangong Machinery Group, Xiangjiang Nanhua Sports Association and Tiangong Materials Co., Ltd.
among them.
Tiangong Technology Laboratories currently has 1,647 employees and 34 laboratories have been opened. In 1985, a total of 914 registered patents were applied for. The total number of Tiangong Technology Laboratory patents was 2,248. Last year, the R&D investment was 3.758 billion. In Hong Kong dollars, the operating income from the realization of patents was 672 million Hong Kong dollars, and the net profit was 3.086 billion Hong Kong dollars.
Tiangong Electronics Group is the biggest profit point of Tiangong Group.
The group's turnover last year was 118.224 billion Hong Kong dollars, the net profit was 30.242 billion Hong Kong dollars, and the net profit was 4.958 billion US dollars!
The net profit margin is as high as 25.58%!
The net profit is the most contributed by Tiangong Electronics Group.
However, the actual turnover is the biggest contribution from Tiangong Automobile Group.
The total production and sales of Tiangong Automobile Group last year was 1.724 million vehicles, and the gap between two million vehicles is not far away!
plus the revenues of subsidiaries including motorcycle production and sales, auto retail, auto parts companies, etc.
The turnover of Tiangong Automobile Group last year was as high as 134.738 billion Hong Kong dollars, equivalent to 22.88 billion U.S. dollars!
The net profit was 19.672 billion Hong Kong dollars, equivalent to 3.225 billion US dollars!
Tiangong Automobile Group has a higher turnover than Tiangong Automobile Group, but its net profit is lower.
But this is also normal.
After all, the competitors in the automotive field are too strong.
On the contrary, it is in the electronic field. Whether it is video games or walkmans, Tiangong Electronics Group ranks first in the world, and the mobile phone business is also the strongest in Asia. With the advantage in hand, the net profit is naturally high.
Next is Tiangong Electric Group. Last year's turnover was 15.424 billion Hong Kong dollars and net profit was 3.018 billion Hong Kong dollars.
Next is the Tiangong Machinery Group, with a turnover of 10.833 billion Hong Kong dollars last year and a net profit of 1.517 billion Hong Kong dollars.
Tiangong Materials Co., Ltd. is a newly established company in May 1985. It has not yet produced any output. Instead, it invested and built a factory, which caused a loss of 92 million Hong Kong dollars last year.
And the Xiangjiang Anhua Sports Club, with the resources of the Jiuding Consortium, operates well, has no shortage of advertising resources, and is able to achieve results. Last year's turnover was 274 million Hong Kong dollars, and the net profit was 75 million Hong Kong dollars.
Finally, there are other income, which are all investment dividends, and the total net income is 524 million Hong Kong dollars.
has to be calculated.
Last year, Tiangong Group's total turnover was 280.789 billion Hong Kong dollars, equivalent to US$46.03 billion.
Net profit was 51.869 billion Hong Kong dollars, equivalent to US$8.503 billion!
is really scary!
In the entire Asia excluding island countries, Tiangong Group is definitely the number one manufacturing group.
Of course, when Xia Yu was happy, he didn't underestimate himself.
The achievements of Tiangong Group are remarkable, but there are still some gaps from the world's top large companies.
Nothing else.
As far as he knows, the General Motors Group in the United States last year alone produced and sold more than 9 million vehicles, and its group turnover exceeded 85 billion U.S. dollars!
So with this calculation, the gap between Tiangong Group and General Motors Group of the United States is still relatively large.
Not to mention some other manufacturing giants!
But then again, many of the first-tier subsidiaries of Tiangong Group have not yet fully explored their potential, and there is still a lot of room for growth in the areas of the global market where each company is located.
Next, as long as each company develops well, the turnover and net profit of the entire Tiangong Group will naturally be high!
Suddenly, Xia Yu wanted to go to the Tiangong Group for an inspection, and by the way, point out a few more ways for the Tiangong Group. After all, there are indeed a few first-tier subsidiaries.
But before going to inspect, he had to finish reviewing the plan submitted by Huo Jianning.
The layout of the Philippines is more important than the inspection of Tiangong Group.
Thinking about it, Xia Yu took a sip of tea and put the Tiangong Group's annual financial report together.
Then he picked up the "Strategic Development Report on Full Entry" and began to scan it carefully.
The think tank of the Jiuding Consortium is not for dry food, it is full of top elites.
The quality of this strategic development report is beyond doubt under the collective efforts.
Xia Yu kept reviewing, and it took nearly an hour to read the entire report.
To put it succinctly, there are two main directions of the report.
One direction is to use the existing large companies of the consortium to fully enter the Philippines to open branches, and to merge some companies to achieve rapid entry.
For example, Jiuding Cultural Media Group has branches in the Philippines.
Group's Jiuding Newspaper Company, Jiuding News Agency, Jiuding Book Publishing Company, Jiuding Animation Co., Ltd., Universal Music Group, Universal Theater Company, etc., have all opened branches in the Philippines.
The television stations, radio stations and mainstream newspapers in the media field of the Philippines were originally controlled by the Ferdinand family.
Now that the Ferdinand family is down, all these assets have been confiscated. As long as the Philippine government sells them, the branches of Jiuding Culture Media Group can receive the orders one by one.
In this area where it is difficult for a new company to be effective, takeover acquisition is the most appropriate choice. It can become the leader of the media in the Philippines as quickly as possible, and control the power of public opinion in the Philippines.
Even using the media, publishing and other fields to push back the education reform in the Philippines, and make decisions that are beneficial to the local Chinese.
The other direction is to acquire or build local companies without revealing the background.
The purpose of doing this is to plan ahead and artificially establish competitors for their company.
There are many advantages to doing this.
The most obvious thing is that by using healthy competition, you can keep your company improving, which is conducive to breaking out of the Philippines and developing international business.
In addition to this, competing left-handed and right-handed can further strengthen the real monopoly in the field and kill other competitors. After all, the boss fights with the second child, but it is normal for the third and fourth to die.
Of course, the most important thing is for long-term considerations.
Xia Yu will certainly suppress the national awakening of the Philippines, which is conducive to capital rule.
But after entering the 21st century in the future, the popularization of the Internet is unstoppable, and the wisdom of the people in the Philippines will one day be awakened.
At that time, once someone was behind the scenes and used national sentiments to instigate foreign capital, it was very easy to be boycotted. UU-reading would be affected even if it did not go bankrupt, and it would be unfavorable after all.
Therefore, we will start hidden operations now. In the future, the citizens of the Philippines will not know that the national brands they have used since childhood will be controlled by foreigners.
Just as many people in later generations did not know, Supor is owned by France's Cyber Group, Harbin Beer is owned by Anheuser-Busch, Dabao is owned by Johnson & Johnson, Shuanghui is owned by Goldman Sachs, and Zhonghua Toothpaste is owned by Unilever in the Netherlands. It's from L'Oreal France...
White and black, Nanfu battery, Huiyuan Juice, Arowana, Golden Monkey, Xu Fuji, Little Sheep, Robust, etc. are not to mention.
is used, everyone is accustomed to it, where will you notice that you are making contributions to foreign countries every day?
After reading the entire report, Xia Yu made some instructions in it, all of which were adjusted based on his forward-looking vision, or added some content.
Finally, after confirming that it was correct, Xia Yu called Huo Jianning, and after clear instructions to him, let him execute according to the above content.
And when he returned home, he brought the Tiangong Group's financial report.
He intends to continue to study in depth, and think about which areas Tiangong Group has to reinforce, and then combined with the on-site inspections, so as to make wise instructions.
Ps: I'm sorry, the update is late, I have a lot of drinks for socializing tonight, I wrote this chapter dazedly