(Today is my brother's birthday, I wish me a happy birthday!

There is news that has been revealed, the sales volume of the general electromagnetic needle this year should be about 56 million units, the average shipment price is 4200 yuan, the factory sales reached 235 billion yuan, the part of the tax paid without considering tariffs is 58 billion yuan, the export tax is 42 billion yuan, and the foreign exchange is 30.5 billion US dollars, and the company's net profit margin on the general electromagnetic needle is 38%, and the net profit is 89 billion yuan, equivalent to 10.6 billion US dollars.

By the end of the year, the total shipments of medical electromagnetic needles in China will reach 1,600 units in China and 1,500 units overseas, with export taxes of 3 billion yuan and foreign exchange earnings of 2.5 billion US dollars. The company's ex-factory sales were 27 billion yuan, and the profit margin is not yet known.

It seems that there is a feeling of geese plucking their 'feathers', but it is true.

The Ministry of Commerce of overseas countries has made "representations" to the Ministry of Commerce of China several times: it is hoped that the tax on the export of electromagnetic needles in China will be abolished, and the pressure of the 20% export tax will not be placed on overseas consumers.

This year, in addition to mineral resources and other export products restricted by some countries, such as electronic products, China's customs only have "import tax", generally there will be no "export tax", but obviously, the electromagnetic needle is a big "fat" and "meat", everyone wants to take a bite, to the customs department of Huaxia "door", this is understandable.

Therefore, Lanyin shipped a general-purpose electromagnetic needle, from last year's price of 4,500 yuan to this year's 4,200 yuan, if it is sold in the domestic market, it will probably be sold by retailers in different provinces by 20% to 30%, that is, it will be sold at a price between 5,000 and 5,500 yuan.

But what about the price overseas? First of all, pull to the customs, pay 20% export tax, the price directly changed from 4,200 yuan to 5,040 yuan, this price is borne by overseas agents, that is, about 605 US dollars. That is to say, overseas agents need to give 605 US dollars to Lanyin Electronics to take away an electromagnetic needle, but due to Huaxia's foreign exchange management rules, Lanyin Electronics can still get the 4,200 yuan.

Overseas agents pull to their own country's customs at a price of 605 US dollars, some countries may be exempt from duty, such as the three Nordic countries are exempt from import tax on electromagnetic needles, but some countries, due to the huge import volume, such as Japan and the United States, some advanced countries in Europe, their customs also want to get a piece of the pie, the import tariff is set at 20%, so 605 US dollars becomes 726 US dollars, big agents want to make money, at least to make money? Sent to retailers, the price is raised by another 10%, becoming $798, and the retailers also increase the price by 20% to 30% due to the high cost involved in the retail process, so the final price sold to consumers is between $950 and $1,050.

950 US dollars, equivalent to more than 7,800 yuan, 2,800 yuan higher than the domestic sales price in China.

950 US dollars, of course, is not too high a figure for Japan, the United States or several advanced countries in Europe, but for many third world countries, it is more difficult for ordinary people to buy electromagnetic needles.

Of course, in countries where there is not enough to eat, only the upper class can afford to consume such electronic products.

High-quality enterprises are the engine of wealth creation, and the wealth created by Lanyin Electronics only for the "country" seems to be higher than the company's net profit, which is of course reasonable. However, foreign exchange earning from export does not refer to "net export earning", Lanyin Electronics also has to apply for foreign exchange to purchase overseas from the foreign exchange management department in order to buy Intel's CPU, Hitachi's electronic components, Samsung's memory, Flash, etc. For Huaxia's foreign exchange management department, Lanyin's ability to "net earn foreign exchange" is also quite good, and the "net exchange rate" difference has reached 80%, that is, 24 billion US dollars.

And what about the CPU or electronic devices that are bought? They have to go through customs and be plucked layer by layer.

Therefore, according to professional statistics, for every 1 yuan sold by Lanyin Electronics, it can drive 6 to 8 yuan, which is a little less than Microsoft, and Microsoft's $1 can pull the relevant $15 to $18.

This is also the reason why Microsoft is so important and has been sought after in the capital market despite its very high price-to-earnings ratio.

Microsoft's 'operational' system is a platform, and a single change of this platform can drive a series of major updates to computer hardware or software.

At this time, the electromagnetic needle is far from becoming a platform, and it is only driving the development of some electronic chip industries.

In addition to general-purpose and medical electromagnetic needles, the LY compiler is also an asset injected by major shareholders. The compiler created a myth about non-Windows software, and by late December, it was almost impossible to know how well it was going to be sold for the year.

In China, the "national price" is used, 5,000 yuan a set, the order quantity is 750,000 sets, and the sales volume is 3.75 billion yuan.

In the United States, $2,000 a set, 2.3 million sets were ordered, and sales were $4.6 billion.

Japan, South Korea, Europe, Australia and other advanced countries, 2000 US dollars a set, the order volume is 1.7 million sets, and the sales volume is 3.4 billion US dollars.

In other third world countries, $800 a set is 1.2 million sets, and sales are $960 million.

However, this year, since Huaxia has joined TO, intellectual property products, such as software, have abolished import and export taxes, so 2,000 US dollars, 800 US dollars, is the price that Lanyin Electronics sells directly to overseas consumers.

Lanyin has obtained $9.4 billion in sales revenue on this compiler, with a gross profit of 85% and a net profit margin of 60%!

In other words, on this compiler, Lanyin Electronics has obtained a net income of 5.6 billion US dollars!

Lanyin Electronics, in addition to the company's temporary reluctance to announce the profit of electromagnetic needles for medical use, the net profit of the two main products is 16.3 billion US dollars.

So some people say that the profit margin of electromagnetic needles for medical treatment is higher, because everything with a high price has a high profit margin.

Of course, this is not necessarily the case, but for Lanyin Electronics, it is not far behind.

The sales of medical electromagnetic needles are 27 billion yuan, of which the net profit margin can reach at least 40%, or even higher, which is at least 1.3 billion US dollars.

So, at the end of the year, it's time for Wall Street to take stock, and some people say: Lanyin Electronics' net profit this year will reach 17.5 billion US dollars, becoming the most profitable company in the world. With a net profit of 17.5 billion US dollars, and this year is the listing year of Lanyin Electronics, Huaxia Li should give generous dividends to small shareholders to show that he has always said that Lanyin is a "benevolent" company. However, many IT companies on Wall Street, such as Microsoft and Cisco, have a tradition of not paying dividends, and I wonder if the major shareholders of Lanyin Electronics will follow suit.

So, when "Great Sword Master 1" was released in movie theaters all over the world, Wall Street was hyping up the question of "whether the world's No. 1 money-making company pays dividends".

The old rascal has returned to Luocheng on this day, and he doesn't know how the outside world hypes up the dividends.

A stock evaluation expert from a TV station in the United States said: Lanyin Electronics' cash flow is abundant, and because the company outsources 90% of its production operations to Foxconn, it greatly reduces the company's operating costs... The number of formal employees of Lanyin Electronics is not high, only less than the first company, which is very rare, and Microsoft has 45,000 employees, which is 10 times that of Lanyin Electronics, and the labor cost of Lanyin Electronics is not high...

This expert is nothing more than saying: Lanyin Electronics' net profit is already very high, the company can't 'spend' so much money, and the major shareholders should pay dividends to everyone.

How much is that?

90%, that's what the so-called expert said on the show!

90%, that's $15.7 billion, and one-fifth of the listing, that's $3.15 billion, 2 billion shares, and a dividend of $1.575 per share, with today's stock price of $110, the price-to-earnings ratio is 69.

Compared with the forecast of experts a few months ago, the net profit of Lanyin Electronics has increased by 20% due to the impact of many events, but it is far less than the increase in stock price.

After consolidating between $56 and $60, the stock price broke through the previous high of $65, and then rose all the way up, breaking through the $110 mark, a full 100%!

As a result, many critics on Wall Street said: Compared with Microsoft's sales of about $26 billion this year, net profit of about $7.6 billion, and market value of $780 billion, the net profit of Lanyin Electronics and the corresponding stock price are still reasonable, but before the diversification of Lanyin Electronics is completed, we cannot see that they have sustainable growth performance points. Microsoft, on the other hand, is stronger than Lanyin Electronics in terms of sustainable development. However, Lanyin's medical electromagnetic needle may become a new growth point next year, but its performance capacity will not reach the level of general-purpose electromagnetic needle.

What this critic means is: if Lanyin's electromagnetic needle reaches market saturation, the sales volume will decrease every year, and the sales will slowly increase until the product needs to be updated. The LY compiler's sales volume next year is unsustainable, and if there are no competitors in the market, it is reasonable to sell between $3 billion and $4 billion per year in the future. Because of the short sales time of medical electromagnetic needles this year, the sales volume may be more next year, but due to the large things and high prices, special "operation" personnel are needed, so the sales volume cannot be as hot as the general one...

Of course, these are all correct, but because of these comments, the stock price of Lanyin Electronics has seen a pullback when "Great Sword Master 1" was popular.

Because many retail investors or institutions are not willing to "waste" $10, or more, for a dividend of $1.58 per share.

As a result, the share price of Lanyin Electronics was December 30, 2002, a Monday.

At this time, as soon as the stock market opened, the share price of Lanyin Electronics plummeted by 6% from a consolidation price of $110!

The market panicked all at once!

Americans and investors around the world are wondering: Did something happen to Huaxia or did something happen to Huaxia Li?

Due to the panic effect brought by Lanyin Electronics, the two major stock markets in the United States fell together, falling by more than 4%!

"What's going on?"

This is the question of market investors!

But no one from Huaxia Li and Lanyin Company came out to answer them.

On this day, the stock price of Lanyin Electronics fell from $110 to $103.

The next day, many investors understood: Profit-making institutions were selling! Nothing happened to Huaxia and Huaxia Li at all, and this was a complete market reaction.

So began the "escape" sell-off!

On this day, since it was the last day of 2002, the stock price fell by 13%, a very unlucky figure for Westerners!

And because of Lanyin Electronics, the U.S. stock market fell by another 5%!

On this day, the stock price of Lanyin Electronics fell from $103 to $89.6.

In two days, it fell by 19%!

Huge losses, many investors have suffered heavy losses, not only in the shares of Lanyin Electronics, but also in other stocks because the market is not good.

While the U.S. stock market comes to a halt and investors return home in despair, in the East, the sun is about to rise in 2003.