Chapter 1692 - Who's Got the Most Money (Part II)
Like Kirin Property, which has not injected assets into Lantau Island, Kirin Department Store, which has just been created, has not bought eight 16-storey commercial buildings, so this company can be ignored when calculating Yin Jun's assets.
However, as one of the three giants of new technology development under the Kirin Group, it cannot be ignored.
Whether it is Kylin Communications, Kylin Games, or Kylin Computers, they are all very coveted by European and American investment banks.
In addition to the cornucopia of Qilin culture, they feel that these three companies have the most potential for development in the future.
Kirin Games, without a doubt, has proven itself.
Whether it is "Xiangjiang Cube" or "Super Mario Bros.", or classic games such as "Contra", "Mahjong", "Ranch Story", etc., they have already swept the global game market.
And Kylin Games' own personal handheld computer, which occupies an absolute advantage, is a completely different path from arcade and home game consoles.
This kind of small game console, which can be kept in the pocket of clothes and pants at any time, completely subverts people's understanding of games.
It is precisely because of the emergence of game boys that people can pass the time by taking trains, buses, subways, planes, ships and other means of transportation.
With such a practical function, the sales target group of Game Kid has increased the group of "office workers" and "middle-aged people", and the age of use has been expanded by at least 15 years at once.
Don't underestimate the 15-year-old, which is 15 years, it can at least increase the potential user base of the game kid by 200 million.
In fact, games like "Mahjong" and "Thunderbolt" are because of the emergence of game boys, so they immediately make those office workers like them, so that they can sell millions, tens of millions, or even twenty or thirty million copies in less than half a year.
The price of a game kid is $120, and the price of a game tape is $20.
Overall, more than 100 million boxes of game tapes and 50 million game kid game consoles brought Kylin Games $8 billion in sales revenue.
Although this also includes patent fees, marketing and promotion costs, manufacturing costs, taxes, etc., Citibank's forecast of Kirin Games' gross profit margin should be at least around 50%.
Because in fact, these game consoles and games, the most important ideas, are really industrially produced, and the cost is not too high.
The huge number of sales will greatly amortize various expenses.
Therefore, the profit margin of 50% should not be exaggerated.
According to Citibank, the gross profit margin of Kirin Games is almost $4 billion.
And that's not even counting the licensing profits from the various arcade and home consoles of those games that preceded it.
Therefore, Citibank's valuation of Kylin Games at $8 billion is also a very cautious valuation.
The reason why they are so cautious is because 80% of the patents of the game kiddies of Kylin Games come from purchase and patent licensing, which greatly restricts their development.
But Rao is so, a game company can have such a high valuation, and it is also ranked among the top three in the world, second only to Arida and Nintendo.
What makes people sigh is that Nintendo's original value was only about 6 billion US dollars, but because of the game authorization of Kylin Games, their various games are sold on sale, and the game boys of Kylin Games use a large number of their patents, and they have to pay patent fees for every one sold, which is really a lot of money.
So Nintendo's stock price has soared, and now it has reached more than $10 billion, which is really borrowing the east wind of Kirin Games.
It's just that the chairman of their representative director is not satisfied, and feels that Kirin Games has stolen the limelight, so he strictly ordered that a new handheld game console must be developed as soon as possible, and then Nintendo's games should be ported to the handheld as soon as possible.
In addition to Kylin Games, Kylin Computer is also developing rapidly.
Today's sales of almost 80,000 units per month in North America have already shown its development potential, once Kylin Computer Company opens up Europe, South America, Japan, South Korea, and Southeast Asia, and the entire world computer booms, Kylin Computer Company's sales are likely to exceed 10 million units per year.
Such high expectations naturally bring broad prospects to Kylin Computer Company in the future.
Although production and sales have not yet started in this part of Xiangjiang, the valuation in North America is already very high.
Of course, because the Kirin computer factory in Xiangjiang is only poised to take off, the valuation of "Kylin Daily" this time can only omit it.
The last one is Kirin Communications, but among the three electronic high-tech companies, it is the most favored by the investment banking giants in Europe and the United States.
Because it develops not only mobile phones, mobile phones, but also various patented technologies for mobile phone communication networks.
Especially after buying Bell Labs, it is equivalent to grasping everything from the development of the source to the sales of the terminal.
The "Kirin Daily" is also very powerful, and they have inquired a lot about the sales of mobile communication networks and mobile phones between the Kirin Communications Company and Japan, South Korea, Thailand, and other countries.
All in all, this huge cooperation plan worth at least more than $100 billion over the next 20 years is bound to bring groundbreaking development to Kirin Communications and will also help it become the second Motorola company.
But that's only for the future, and the valuation can't be used to talk about things for many years to come, which is not in line with reality and is not accurate.
Therefore, according to the valuation of the current Kirin Communications Company by several investment banks, the "Kirin Daily" gave 3 billion US dollars.
Add all of the above together, and that's $23.8 billion.
Then the Kirin Group also has several important companies in Heung Kong.
Kowloon Motor Bus, Heung Kong Telephone and Heung Kong Electric Light are all listed companies, adding up to about 8 billion Hong Kong dollars, that is, 1 billion US dollars.
Although 7-Eleven does not have a controlling stake, it spent $630 million when it was originally purchased.
With more than 100 stores in Xiangjiang, it has now become a very popular retail store in the area, and is deeply loved by white-collar workers and residents in the neighborhood.
Kirin Group is now engaged in a gambling plan with Japan, and a store in Bangkok, Thailand has sprung up like mushrooms after a rain, which has been a great success.
So even if it didn't merge with Japan's 7-Eleven, its asset valuation at this time had reached $1.2 billion.
If you add the shares of Cheung Kong Group, Henderson Zhaoye, Fengyi Xi'ao Yimin Consulting Company, two buildings in Central, Kirin Industrial Park and other assets in Yin Jun's hands, it is almost around 1 billion US dollars.
In this way, the assets of Kirin Group in Xiangjiang should be 27 billion US dollars.
Seeing this, almost all Xiangjiang people were surprised.
They only knew that Yin Jun was very rich, so much that they didn't know how to spend it, but they definitely didn't know that Yin Jun actually had so much money.
$27 billion!?
Even if it's 27 billion Hong Kong dollars, it's a wealth that scares people to death!
Calculate the time, Yin Jun's coming to Xiangjiang is only 6 years.
From being penniless to having assets of $27 billion, it's only been 6 years!
Except for describing it as a genius, they don't know how to express their admiration for Yin Jun.
Even if they know that Yin Jun has borrowed tens of billions of dollars, people are always willing to ignore these things and only see what others have.
And more importantly, Xiangjiang's assets are not all of Yin Jun's assets!
People still use huge assets in the mainland, the United States and Australia!
The Kirin Group's industry in the mainland is even easier to investigate.
Because there is no need for Yin Jun to say, the mainland has already announced all the projects that Yin Jun invested in the mainland, no matter how big or small.
It even includes knick-knacks such as Kirin Bar, Kirin Cafe, and Kirin Western Restaurant of Kirin Group.
Their intention is naturally not to embarrass Yin Jun, but to show people all over the world: Look at how much Yin Jun has invested in the mainland? And all of them are hot and profitable, so come quickly!
To put it bluntly, they treat Yin Jun as a positive propaganda object, that is, a demonstration.
This kind of taste of being artificially erected as a role model is not so pleasant.
Although Yin Jun was a little helpless in his heart, at this time, the so-called privacy rights were not as good as the country's urgent need for foreign investment to enter and help develop, so the young man could only be silent and not express his opinions.
According to the published information, the Kirin Group's industry in the mainland is basically divided into three parts.
A Kirin Electronics Company in Lin'an is mainly a tape recorder factory, a Walkman factory and a record filling factory.
A Kirin food company in Huajing, its only business now is an instant noodle factory.
The third part is the cultural industry, including the Huajing branch of Qilin Culture, as well as the restaurants and bars mentioned above.
The industrial value of the third part is two or three billion yuan, which is relatively small.
But the first two industries are out-and-out gold-making saints.
The domestic market in China is not fully developed now, and it is certainly not as prosperous as it was 30 years later.
But on the other hand, because it has not been fully developed, foreign capital has basically not entered, so such a large market is basically monopolized by the Kirin Group.
Take Kirin Electronics, for example, the average monthly profit of their cassette recorders is 150 million yuan.
The record filling factory, because of the continuous influx of Xiangjiang songs, even if it is sold very cheaply, can make a profit of 50 million yuan a month.
There is also the Kirin Walkman, which has been on sale since April, and the current shipment has exceeded 1 million units, and most of its sales are in Europe and the United States, so the sales will continue to rise in the future, and it is just around the corner.
Combined, the Banque de France valued Kirin Electronics at $2 billion.
It seems that this valuation is still relatively small.
Mainly because these three industries are not core technology industries, the most valuable Kirin Walkman, like the game boy, most of the patents are purchased and licensed, so to a certain extent, the valuation is reduced.
Although there is only one industry in Huajing, Kirin Food, although there is only one industry, but in addition to braised beef noodles, the newly added stewed chicken noodles with mushrooms and spicy cabbage ramen are quite popular, and the annual sales volume is expected to be 2.5 billion packs, which is a very thriving consumer industry, so its valuation is even higher.
Standard Chartered estimates the value of Kirin Foods at $3 billion.
The sum of these three industries is about $5 billion.
With these industries alone, Yin Jun is already the richest man in the mainland!
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