Chapter 610: Terrifying Profits
Chapter 610: The Profit of Terror (Page 1/1)
The next day, Qin Hailang slept until three poles in the morning before going to the company.
It was indeed interesting to talk with Xi Mengmeng about life ideals last night. I wonder how her boyfriend will feel!
When he entered the company, Qin Hailang saw that the employees were all in good spirits. Well, the company's employees are in very good spirits.
As soon as Qin Hailang entered his office, he heard Liu Sisi and other secretaries and assistants shouting loudly: "Mr. Qin, good news, good news!"
"Oh, what's the good news? Don't you have it?" Qin Hailang said with a hesitant smile. This sentence immediately caused the other female secretaries to cover their mouths and grin. At the same time, they are all pretty and slightly red.
"I hate it!" Liu Sisi glanced at Qin Hailang.
"Tell me, what's the matter?" Qin Hailang asked.
"Mr. Qin, the world's top 500 companies came out this morning! Our Star Foundation is still the world's first!" Liu Sisi said excitedly.
"Oh, I'll take a look!" Qin Hailang became interested. I don't know if another year has passed. What kind of change has happened to his business.
Soon, Qin Hailang turned on the computer and began to check the list.
The list above shows everything.
1: Company name: Star Foundation. Revenue: $3 trillion. Profit: $800 billion.
2: Company name: Wal-Mart. Operating revenue: $500 billion. Profit: $14 billion.
3:......
"Hehe, it turns out that this year's turnover has reached 3 trillion US dollars, not bad. The net profit is also 8,0100 US dollars, which is barely qualified. Qin Hailang was very satisfied after looking at this data.
If his words were heard by someone else's boss, he would probably be angry and beat him to death. Your sister barely passed. It's so awesome. Not to mention that the turnover of 3 trillion US dollars has already shocked the world. There is no one before and no one after us! The most important time is the awesome profit margin. With a turnover of $3 trillion, the net profit can reach $800 billion, which is terrifying.
If you look at Wal-Mart, the second place, it has a turnover of 500 billion dollars a year, well, it's not bad. But if you look at the profits, it's only a pitiful $14 billion. Poor few!
I have to say that the profit margin of the Star Foundation is too high. This profit margin is estimated to have set off a storm in the outside media.
Besides, although Walmart retail profits are relatively low, you can look at other companies!
For example, in eighth place: Royal Shell of the Netherlands. Its turnover for the year was $240 billion, but its profit was only $4.5 billion! worse than Wal-Mart!
So if you compare it like this, you will find that the profits of the Star Foundation have exploded!
There are two reasons why the profits are so high.
First, the production lines of many of Qin Hailang's companies are exchanged by Qin Hailang from the system for free. Therefore, all production lines do not need money to buy.
Take a machine with 22-nanometer technology for integrated circuits. A machine in a certain frequency band needs tens of millions. The entire production line needs billions, or even billions. These are all early investments by an integrated circuit manufacturer.
But when it came to Qin Hailang, most of these so-called production lines were exchanged from the system, or they were drawn by lottery. So there is no need for money at all.
You only need to cover the production line with a factory building. To be honest, how much does it cost to build a shell factory? It's a drop in the bucket compared to a production line.
Second, Qin Hailang's production line is basically artificial intelligence, and there is no need for any workers at all. Fully automated production.
So here a lot of manufacturing costs are saved.
In this way, Qin Hailang's corporate profits will be so high!
That's why a $3 trillion turnover would make a terrifying profit of up to $800 billion.
Up to 26% profit margin!
Of course, it is all the turnover of the Star Foundation and the Star Group that has reached 3 trillion!
Because Xingchen Group is a subsidiary of Xingchen Foundation. Therefore, of course, the turnover of the Star Group is included in the Star Foundation.
"Hehe, the turnover of the second place is only 500 billion, and I have reached 3 trillion, which is too much ahead of the second place. Also, my profits are very high!" Qin Hailang is still quite satisfied.
"Well, my industry is quite rich. But there is no money chain that belongs to me at the moment. It seems that I have to open a bank!" Qin Hailang said secretly in his heart.
He's going to open a bank on the Canadian side.
Well, it's called Star Bank!
With his current influence and status, coupled with his energy. When opening a bank, no one should dare to point fingers. Hmph, if you dare to point fingers at him, he doesn't mind sending the other party to God.
"Well, that's it!" Qin Hailang planned to discuss it with relevant people and high-level officials in the next few days. The real implementation will begin next month.
We will aim to open it successfully next year.
After the list of the world's top 500 companies was newly released this time, it certainly received the attention of many people around the world.
First of all, there are many entrepreneurs, bosses, and people from all walks of life.
In addition to the above, there are countless netizens around the world.
"Shhh...... The Star Foundation's $3 trillion annual turnover? Oh my God, that's awesome. ”
"It's really powerful. However, many of its industries are indeed gold-swallowing behemoths. For example, automobiles, virtual games, energy, pharmaceuticals, mobile phones, computers, software systems, integrated circuits, airplanes, shipbuilding, minerals, film companies, ......" A netizen was counting with his fingers crossed.
"Oh my God...... Eight-billion-dollar profits! That's a terrible profit, isn't it?"
"Yes, the profits here are also against the sky. You see, with a turnover of $3 trillion, profits of up to $800 billion. Profit margins are as high as 26 percent! If you look at other companies. The profit margin is less than 10 percent! Most of them are a few percent. ”
"The Star Foundation is truly terrifying. ”
Not only these netizens, but even many entrepreneurs are thinking deeply.
In the end, they came to the conclusion that people's technology level is very high, and the cost is very low, which creates high profits. But even so, the profit will not be as high as 26%!
In fact, they don't know that most of Qin Hailang's industries do not require R&D funds. It's all conjured.
For example, if you produce a car, you need to design it in the early stage, right?
Qin Hailang doesn't need anything!
This saves a lot of money.
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