Fairy Company was able to give out such big red envelopes, of course, because it made money, and made a lot of money.
Last year, Fairy Company’s main business of Dreampad, Dreamstars, W and its parts and components alone had a net profit of about 85 billion US dollars. However, the most profitable product was not the highest-end Dreampad and Dreamstars, but the cheapest W. Net profit
It almost exceeded 54.7 billion US dollars!
Of course, there are actually a lot of tricks here. For example, Xiao Qi has desperately increased the research and development expenses for Dreampad and Dreamstars, which makes the net profit of these two products basically only about 30% of the gross profit.
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And w belongs only to Xiao Qi himself, so the profit directly reaches 50% of the gross profit.
After all, the net income in RMB from the main business is RMB 586.5 billion. Although it is not as good as China Mobile, Sinopec, PetroChina and other giants, it is definitely the first among private companies.
The second one from the list is Fairy Real Estate.
Fairy Real Estate only had three sales last year, but it sold a total of 560,000 houses with a total sales price of more than 305 billion yuan. In terms of the sales scale of a single community, it is ranked first in the world.
Moreover, Xiao Qi originally planned to bomb the market with prices of 2,000-3,000, but Capital City quickly used a series of methods to convince Shangri-La Community. In the end, the average price last year was 6,800 per square meter.
Compared with the nearby Tongzhou market, the price is 30% cheaper - although the capital city initially required it not to be less than 20%, but now it is 30%, the capital city is embarrassed to say.
It’s not that the housing prices in Tongzhou have risen too fast. On the contrary, the housing prices in Tongzhou have increased the smallest among the districts and counties in the capital city. The average price in other areas has already exceeded 10,000 per square meter. The average price within the Fourth Ring Road of the capital
The price has reached around 18,000-20,000.
It has risen so high in one year, and they are embarrassed to let Fairy Real Estate continue to rise rapidly with them. And this rate is not unacceptable, so they just turn a blind eye.
For this reason, Fairy Real Estate's profit margin in Shangri-La Community is very high. Even if it is very convenient to add money to construction companies and material suppliers, even if it does a lot of good greening and supporting work, the overall
The profit still reached 50%, which is simply jaw-dropping.
Of course, the most important reason for such high income is that the land cost of Fairy Real Estate is too low, and some of the social relationship costs included in it are not there at all. There is no need to deal with anyone at all, and the capital city has given the green light.
, no one dares to eat there and ask for cards.
Coupled with the profits of Fairy Real Estate's Chengdu branch, relying on its development in Chengdu and the capital, Fairy Real Estate had a profit of 200 billion yuan last year. Although it is not among the top three real estate companies in the country, it has
The scale of construction sales in only two cities is enough to put any real estate company to shame.
Ranked third is re’s huge revenue of 168 billion yuan. By the beginning of this year, the cloud computing and cloud storage layout that has lasted for more than two years will come to an end, and the cost will not be as high as 30 per month.
100 million US dollars. Coupled with the increase in the number of user purchases, it is estimated that the net profit will increase by another 60% this year, which is easy.
The rest include Apple shares, Qualcomm shares, Oracle shares, Amazon shares, Bloomberg shares, Mario Law Firm shares, etc. Added together, the profit exceeds 16 billion US dollars, which is 110 billion yuan.
, together they rank fourth in Fairy Company revenue.
But basically, that’s all Fairy Company’s corporate operations.
Another huge subsidiary of Fairy Company - Xiaoyao Mall, Xiaoyao Logistics, Xiaoyao Express, and Xiaoyao Building of Xiaoyao Series brought very little net profit to Xiao Qi last year, mainly because Xiaoyao Series made a large amount of money.
It has invested in the Indian market, rural purchasing agents, etc. So the net profit in one year is almost zero.
As for other companies such as Alibaba Group, Fairy Farm, Fairy Agricultural Internet of Things Company, Fairy Map, United Optoelectronics Laboratory, etc., not only have they not made substantial profits, but they have also invested more.
Corresponding to them are labs, dreamdive, airbnb, squaer, uber, r, sun, zulily, lymart, ephemeral, Electronic Arts, Tesla, x, k, r...etc.
Companies, these are still huge investments that have nothing to do with substantial profits.
But then again, if Xiao Qi sells out his shares to such a bunch of unprofitable companies, the capital community will definitely start a fight over them.
In three to five years at most, the shares held by Xiao Qi in the above-mentioned company will bring Xiao Qi a market value of at least US$500 billion. This is the net worth of the world's richest man!
Of course, apart from the main income, Xiao Qi also made a lot of money in other aspects.
For example, after divesting Alibaba Group's shares in Japan, Xiao Qi was able to earn US$5.8 billion. Such a beautiful acquisition and spin-off made Harvard Business School analyze this acquisition as a classic business case.
Let students learn Xiao Qi's amazing business operations.
There is also the "credit default swap insurance" that makes Wall Street laughable. Xiao Qi was originally unwilling to buy this financial product, but Citibank encouraged Xiao Qi to buy billions of dollars in order to increase its performance.
Credit default swap insurance for investment banks such as Citi, Goldman Sachs, Merrill Lynch, and Bear Stearns.
As a result, Xiao Qi lost a lot from Citigroup and Goldman Sachs, but made more from Merrill Lynch and Bear Stearns. After excluding costs and taxes, he actually made a huge profit of 10.5 billion U.S. dollars in one go, which really made the United States
The giants on Wall Street were jealous - why do you think they like to rely on Xiao Qi for their money? They obviously don't want to make a fortune from it!
They already envy Xiao Qi for credit default swap insurance, but they don't know that the money Xiao Qi and Tong Wencong made from the subprime mortgage crisis were also settled in 2009, with a total profit of US$23 billion.
, the net profit in 2009 alone was as much as 7 billion U.S. dollars. Even Huangfucai, who has always disliked the financial market, said after hearing about this income that the financial market is so profitable. No wonder so many people are willing to rush in.
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Next, Xiao Qi sold 15% of Uber's shares to Itochu Corporation and 6% of its shares to the Steinbrenner family, earning US$5.25 billion.
During the Sharp acquisition war, in addition to numerous patents and joining Sharp Labs, Xiao Qi also made a profit of more than 2 billion US dollars.
Before Meitu Sharing was listed in Hong Kong, Xiao Qi sold 65% of his shares for another US$13 billion.
Finally, at the end of the year, Microsoft bought Skype, allowing Xiao Qi to earn another US$6.8 billion in one year.
Adding up the bits and pieces, Xiao Qi earned 50.8 billion U.S. dollars in 2009 from finance and corporate transactions. As far as finance is concerned, he is already number one in the world!
However, don't think that this means making a lot of money, as it has greatly increased the cash flow in Xiao Qi's hands.
In fact, compared with the US$280 billion cash flow in August this year, even if Xiao Qi added Fairy Company's annual net profit of US$85 billion, the cash flow would only increase to US$320 billion.
Why?
It's very simple, Xiao Qi is better at spending money!
Small companies such as Squaer, Uber, R, and Zulily that were established with a cost of 3.5 billion to 7.8 billion US dollars are nothing.
In addition, there are many big spenders.
For example, he spent 5 billion US dollars to establish Hengxin Investment Company with Liu Datou, and invested 9 billion US dollars to invest in Changyu Group co-founded with Li Chaoren.
The fund invested US$10 billion in dst, US$4 billion bought 10% of K shares, and US$600 million bought R shares.
It spent US$26 billion to buy Dingxin Group, another US$5 billion to buy Lymart, and injected another US$7.5 billion.
It spent 13 billion yuan to buy aircraft for Jia Yuwen's Qiwen Airlines, injected 6 billion US dollars into Ling Shuangshuang's Ling's Trust to purchase Hsu Fuji, Longfeng Food and Yonghe Soy Milk, and injected 500 million US dollars into Weiquan Group.
The investment in Fairy Agricultural Internet of Things is 80 billion yuan, the investment in Zhulianbihe flash sale website is 5 billion yuan, and Alibaba has injected another 50 billion yuan into it to help them develop and at the same time increase its own shares.
Global NBC’s 20% stake cost $6 billion.
The last deal, which is the biggest deal this year - the privatization and delisting of Disney, cost Xiao Qi a full US$53 billion, making it one of the three largest acquisitions in the world this year!
If you do the math, after so much expenditure, it amounts to a total of 131 billion U.S. dollars. Not counting other 0,708 expenses, Xiao Qi can still have a net profit of 40 billion U.S. dollars added to the cash flow, which is already considered
Very good.
Although the world's richest man has a lot of income, his expenses are also huge!
It will be the same in the future. In order to continue to develop, Xiao Qi will invest more funds, so that he can be ahead of others and truly continue to succeed! (To be continued.)