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Chapter 398: Terrifying Annual Profit

The email is the 2020 Pangu Technology financial report, which includes the annual revenue and profits of Pangu Technology's departments and subsidiaries.

Xiao Ming turned the attached financial statements to the last page of the report, and was also scared by the company's terrifying annual revenue and profits.

Pangu Technology's total annual revenue in 2020 was 771 billion Soft Girl Coin equivalent to 111.3 billion Meter Knife, and its annual profit was 4119.3 Soft Girl Coin equivalent to 59.47 billion Meter Knife.

As a company that has just been established for less than four years, this is a pretty terrifying number.

Among technology companies, the annual revenue of 771 billion Soft Girl Coin is almost the same as that of Samsung, which is 81 million Soft Girl Coin in 2020.

Pangu Technology's revenue data can rank 48th in the world in 2020, second only to BNP Paribas in France and higher than Bank of Xiaguo.

The company with the highest revenue in the world is Walmart, with an astonishing 500 billion meter knife.

However, Pangu Technology's profit was amazing, reaching 4119.3 Soft Girl Coin is approximately 59.47 billion meter knife, ranking first in the world, higher than Apple, which ranked second. Apple's annual profit was 48.3 billion meter knife, while Xia Guo Industrial and Commercial Bank, which ranked fourth, had a profit of 42.3 billion meter knife.

But by comparing the number of employees of Apple, Industrial and Commercial Bank of China and Pangu Technology, you will know how terrifying Pangu Technology is!

Pangu Technology has less than 10,000 employees (including sales staff), while Apple has 110,000 employees! This is the gap.

If Pangu Technology's profit is simply regarded as GDP, and the entire Xiaguo and provinces are compared horizontally. Pangu Technology's profit of 411.93 billion soft girl coins can rank about 28, which is approximately equal to the total GDP of the entire Nanhai Province. If compared only with cities, then Pangu Technology's profit is equivalent to that of ordinary second-tier cities such as Qian City.

This is just the achievements of a company that has just been established for three years. Such achievements were achieved by Pangu Technology under the suppression of the United States.

Qian Yi looked excited. This is a real profit! It is the profit from deducting all costs, including Pangu Science and Technology Park. Pangu Science and Technology invested more than 80 billion soft girl coins in scientific research last year.

Xiao Ming looks at the revenue and profits in various fields:

Chip revenue is 540 billion Soft Girl Coins, profit is 3100 Soft Girl Coins; Canghai Storage revenue is 7 billion and profit is 3 billion; micronuclear battery revenue is 10.4 billion and profit is 4.5 billion; Pangu Eco-chain (including system) revenue is 210 billion and profit is 93 billion; Pangu Medical revenue is 2.3 billion and profit is 1 billion; Pansha Sewage Treatment Company's revenue is 1.2 billion and profit is 400 million; Huayi Company's revenue is 100 million and profit is 30 million.

The profit margins of major products are very high! Some are close to 50%!

Qinghe wearable devices, the profits of the Academy of Life Sciences’ food and dairy products are not yet calculated.

Most of the products of Huayi Company have begun to be publicly free, so revenue and profits fell sharply in 2020.

The new material hardware department has the highest revenue and profitability, which has chips, Canghai Storage and flexible screens, etc. It is expected that the department will exceed one trillion revenue in the future.

Pangu Technology's strong revenue has also made it a big taxpayer in Jiangcheng, and it has reached a level of 10 billion soft sister coins with tax incentives.

A large amount of tax revenue gave Jiangcheng a strong financial resources to lay out the entire city.

This year, Jiangcheng has invested a lot of money to build new infrastructure such as roads, communications, water supply and drainage networks, greatly improving the quality of life of Jiangcheng people.

On the other hand, the treatment of public officials in Jiangcheng City has also greatly improved. In the past, the average annual income of ordinary clerks was around 120,000 soft girl coins, but in 2020, the performance bonus alone reached 100,000 soft girl coins, several times higher than in the past.

Therefore, both ordinary citizens and public officials in Jiangcheng are very grateful to Pangu Technology.

Half an hour later, Xiao Ming finished reading the financial statements and annual financial reports.

He said: "In accordance with relevant regulations, let's announce it. In addition, we will add the year-end bonus last year."

Last year, Pangu Technology's per capita year-end bonus was 400,000 Soft Girl Coins, making it a veritable rich company.

In the New Materials Hardware Affairs Department, Pangu Ecological Affairs Department and Life Science Laboratory, the per capita bonus reached 1.2 million soft girl coins.

Speaking of giving out bonuses, Qian Yi was also happy!

"How many additional ones? I'm planning to change a house in Jiangcheng."

"Ordinary employees have added 500,000 yuan, middle-level employees, and top-level employees have 1 million yuan. The company thanks all Pangu Technology employees for their efforts this year in the form of bonuses. By the way, why do you think about changing houses and what? It's uncomfortable to live now?" Xiao Ming asked.

Qian Yi bought a house in Jiangcheng last year. Next to Binjiang Park, University Town, there is a three-bedroom apartment with a total price of 2.6 million yuan.

Qian Yi said: "I'm going to change to a small villa and take my parents over together. The elevator apartment is like a birdcage."

The price of Jiangcheng villa ranges from 4 million to 20 million, but Qian Yi has the ability to buy a set.

As an executive of the company, Qian Yi's annual income is more than 10 million yuan, and the dividends from executives at the end of the year, it is normal to buy a villa a year.

Speaking of buying a house, Qian Yi said in confusion: "It's you, I only heard that you bought a house for your uncle and aunt two years ago. What about you? You are not going to continue living in the headquarters office, are you?"

Xiao Ming really has no pursuit of housing. He doesn't need to buy a house to invest. In his opinion, housing is just a place to live.

Xiao Ming smiled and said, "I have a suite here, I also live in Prajna Village, and I also live in the Science and Technology Park in the future, so I really don't catch a cold in my house."

"Apart from the living value, in my opinion, the house has no other value." Xiao Ming said seriously: "I have always insisted on housing not speculating."

"Hahaha! I believe it. If you are all speculating in real estate, then the future of Xia Kingdom will be beyond salvation."

Xiao Ming shook his head helplessly and said, "But how many Xia people have such ideas? If the Xia people regarded housing as housing ten years ago and did not give other concepts, then a large amount of capital and manpower would flow to the fields of technology, physical industry, etc. Now Xia Kingdom will not have only one Pangu Technology and one Warwick."

Xiao Ming even asserted: "With 30% of the capital in the real estate market into the technology field, perhaps before Pangu Technology was established, Xia Guo already had his own operating system and chips."

Qian Yi agreed with Xiao Ming's words, saying: "Most families in Xia Kingdom devoted their lifelong savings to real estate. Many young people in Xia Kingdom faced pressure on housing prices as soon as they graduated, so there is no way to innovate."

Xiao Ming said: "We need to discuss further housing issues in light of the construction of Pangu Science and Technology Park. First, we will publish our annual financial report in accordance with relevant legal provisions."
Chapter completed!
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