Chapter 251: Huge Cash Reserves!
Li Zetian and Yu Jingqiu finally counted that the combined turnover of all companies reached 110.5 billion US dollars, and the net profit was as high as 15.4 billion US dollars. Pen % fun % Pavilion www.biquge.info
Subsequently, Li Zetian ordered major companies to take out a part of the dividends, of which $5.5 billion flowed into the umbrella company.
Umbrella had $1.5 billion, and now with $5.5 billion, it makes $7 billion.
Such a huge cash reserve is truly shocking!
The advantage of having a large cash reserve on hand is that you can better manage risks and have enough cash to carry out operations such as mergers and acquisitions, product upgrades, and new business expansions. At the same time, it also means that Apple has enough money to buy some companies and make up for its shortcomings in some fields, and even if it loses money every year, the company can stick to it and will always have a chance to turn around!
In Li Zetian's view, $7 billion is actually not much.
Li Zetian traveled in 2016, Apple's cash reserves are as high as more than $246 billion, Microsoft has more than $110 billion, and Cisco has more than $60 billion......
If Apple loses $2 billion a year, it won't go bankrupt for 100 years!!
It's terrifying!
When you think about it, $7 billion is really nothing, and $100 billion in cash reserves is qualified.
Cash reserves are not just money on the books, but cash in a broader sense, including highly liquid bonds or cash equivalents that can be quickly realized, short-term (or long-term) market bonds, long-term and short-term securities, including U.S. bonds, corporate bonds, and money market funds (MMFs).
Of course, having a huge amount of money but not spending it means not using the money well, but Li Zetian is open, and the speed of making money is faster than the speed of spending, so he is not worried, there are no good investment projects. Li Zetian has always made every effort in the research and development of innovative products, otherwise, the revenue of 110.5 billion US dollars and the net profit would not be 15.4 billion US dollars. You must know that the companies under Li Zetian's name are all high-profit companies, and the profits of many products exceed 30%.
The dollar in the 80s was very valuable, so $7 billion was actually a huge amount of money, but Li Zetian's vision was too high. Nowadays, so much money needs a bank or other financial institution to operate. If it is simply placed on the company's books, it is equivalent to depreciation.
Acquisitions or banks and financial institutions are the next things Li Zetian must do.
……
William's full moon wine was held on January 4th, and Xiao Zhixuan and the others also rushed back from Europe.
This time the full moon wine was very grand and lively, and a lot of powerful and wealthy people came to give gifts. Many people don't know Li Zetian, but because the company under his name has business cooperation with them, in order to please Li Zetian, they naturally come to give gifts.
President Reagan is running for president of the United States again this year, and he very much needs the support of Li Zetian, so he also came to the full moon wine in person on the same day. In fact, in addition to him, there are also many high-ranking officials in the American political arena, and these are the results of Li Zetian's efforts to win over and support over the years.
Whichever consortium Li Zetian prefers, the strength and discourse power of the consortium will be greatly enhanced.
Although the villa was large, it was crowded on this day.
There are many people who even want to come here to expand their network and hope to meet a few people who will help them in the future.
American high society often has a variety of banquets, and many people are happy to participate in this kind of banquet because they want to expand their network at the banquet.
However, Li Zetian rarely attends this kind of banquet, and he doesn't need to take the initiative to make friends with the powerful, but these people take the initiative to find him.
Enterprises want to cooperate with him, and the state wants him to invest.
Li Zetian now goes to any country where he is given, and he will be regarded as a guest!
Because there are so many big people who come to participate in the full moon wine, a simple full moon wine has become the news headlines of major media in the United States and even the world.
Many reporters squatted outside the door to see which guests had come, and whenever they found out the identity of the other party, they couldn't help but cry out in surprise.
"It's so awesome, Chronos Li really has a lot of face, even President Reagan, the British royal family, the Rockefeller family, and the Bush family are here!!"
"Chronos Li is rich and influential!"
"Hey, did you know that invitations to this banquet sold for up to $4 million on the black market!" a reporter said suddenly.
"......" When everyone heard this, they couldn't help but secretly smack their tongues, it was crazy that an invitation was sold so expensive.
The reporter said in a low voice: "Don't look at the price, this thing has a price! Many people can't buy it if they want to, and today you have also seen that there are so many rich and powerful people all over the world who come to the banquet, which in itself is a status symbol, if you can make some friends here and talk about a business, it will not be as simple as 4 million US dollars?!"
"Oh, that's right! $4 million is indeed a great deal! Most of the people who come to the Full Moon Wine are billionaires, and I'm afraid it's hard to find an opportunity for so many top rich people to gather in the world!"
“……”
At about 10 o'clock in the evening, all the guests left, and Li Zetian breathed a sigh of relief and lay down on the sofa to rest. The warehouse is full of gifts, and you can play for years without repeating them.
On this day, Xiao Youran was the happiest person, staying in the warehouse like a money fan, looking at the gifts in the room, his eyes lit up, and then he kept opening the gift box to see what the gifts were inside. If there's something she likes, she'll unceremoniously announce that it's hers, and then play with it very happily. This little girl didn't know where the spirit came from, she didn't know that she was tired at all, and she refused to sleep and rest, and finally Yu Jingqiu dragged her out of the warehouse.
"Mom, people don't want to sleep yet~~" Xiao Youran said coquettishly.
"You must sleep, or you will confiscate all your toys!" Yu Jingqiu didn't eat this set.
Xiao Youran pouted with a small mouth, looking unhappy, and followed Yu Jingqiu to the hall.
Li Zetian smiled and asked, "Who made our cute little leisurely unhappy?"
"Mom won't let me play with it, and she said she would confiscate my toys!"
Xiao Youran rushed into Li Zetian's arms all of a sudden, hugged him, and told him about "grievances".
Li Zetian said to Jingqiu: "Children love to play, let her play a little longer." ”
Yu Jingqiu deliberately put on a straight face and said, "It's more than 10 o'clock now, you are not allowed to play, you must go back to your room to sleep immediately!"
Li Zetian said to Xiao Youran: "Look, your mother doesn't allow you to play, and your father can't do anything." So, you'd better hurry up and go to bed. Sleep well, and the next day you will have the energy to play, don't you say, baby girl?"
"Hmm~~ Dad is right, then I'll go to bed early at night and get up early tomorrow. There are still a lot of fun toys in the warehouse, I haven't played with them!!" Xiao Youran nodded and said, and then immediately got up from Li Zetian's arms, and then jumped up and ran upstairs.
Li Zetian shook his head and smiled: "Uh, this girl is really playful......"
Yu Jingqiu smiled: "It's not what you're used to! I see that you usually hurt her, holding her in your hand for fear of falling, and holding it in your mouth for fear of melting......"
"Okay, okay, I'll correct it, and I will be strict with Xiao Youran in the future!" Li Zetian said so, but he never thought of being a strict father in his heart.
At this time, Li Zetian stood up from the sofa, put his hands on Jingqiu's shoulders, pinched her a few times, and said gently: "Okay, you are tired today, go to sleep and rest." ”
"Well, you get to rest early, too. Yu Jingqiu kissed Li Zetian, turned around and went upstairs, she first quietly walked into Xiao Youran's room, saw that she went to bed, and then went back to her room to sleep.