Total profit reached US$16.4408 billion! Revenue reached US$189.312 billion.
The revenue is not high, but the profit has reached more than 10 billion yuan, which shows that the profit margin of Changtian Technology's products is very impressive.
Because Changtian Technology has international business and its income is not low, the company will use the international rice knife as the settlement currency when making financial statements.
For example, the critical care center cooperates with Pfizer and Bristol-Myers Squibb's overseas treatment centers, whose annual revenue accounts for more than 50% of the critical care center's revenue.
It’s not that Changtian Technology’s financial personnel worship foreigners, but Xia Guo is not very strong yet, and RMB has not yet embarked on the path of internationalization.
At this time, if RMB is used for settlement, it will reduce the efficiency of accounting and also reduce the efficiency of international trade.
Chen Xiao also firmly believes that as the country becomes stronger and stronger, one day the RMB will become the only settlement currency for global multinational companies.
The annual profit reached 16.44 billion US dollars, which is already very scary.
Public companies are required to report last year's annual profits by the first quarter.
Changtian Technology Group is not a listed company in the traditional sense, so the financial report has been delayed until May. In addition to the two listed subsidiaries of Yuedong Internet and Bird, Changtian Technology is not obligated to review the financial reports of other subsidiaries.
Announced publicly.
According to Chen Xiao’s understanding of last year’s annual profits of global listed companies.
Changtian Technology’s profits and revenue can definitely rank among the top in the world!
Chen Xiao called Luo Ning and said, "Luo Ning, please bring me the list of the world's top 500 companies announced in March."
Luo Ning quickly sent over the relevant information.
The Global 500 are ranked according to annual revenue.
Walmart ranked first with revenue of 351.1 billion U.S. dollars, while Exxon Mobil Oil Company of the United States ranked second with the highest profit, with a profit of 39.5 billion U.S. dollars.
Since the global stock market crashed in 2007, oil prices soared, and inflation increased, so the profits of several oil companies exploded.
The profits of Royal Dutch Shell and BP have both reached more than 20 billion US dollars.
Next, the profits of banking and financial companies are also terrible, reaching 10 to 20 billion US dollars.
Changtian Technology's revenue happens to rank 10th, higher than General Electric in the United States and higher than Xia Guo Petrochemical, which ranks 17th.
Xiaguo Petrochemical's annual revenue is just over 130 billion US dollars, and its profit is only a pitiful 3.7 billion US dollars.
And if ranked by profit, Changtian Technology can also rank 7th in the world, even higher than Wal-Mart's 11.2 billion US dollars, and only lower than Chevron's 17.1 billion US dollars.
From this, it can be seen that Changtian Technology's ranking among the world's top 500 companies should be able to reach 9th or 8th overall, ranking first in Xiaguo and second in Asia.
In Asia, it is just lower than Toyota in Japan.
This is the 8th year since Changtian Technology was established.
Chen Xiao is full of emotions to be able to reach his current position in 8 years.
This is the charm of technology.
It is always technology, not finance or energy, that drives mankind forward.
Chen Xiao looked at the company's financial report in detail again.
Last year's profit of more than 10 billion US dollars was jointly contributed by several subsidiaries.
Shenchuan Company mainly sells desktop computers and notebooks, with a profit of 872 million yuan.
Yinghuo Technology Company produces systems, ecological chains, and software, with a profit of 120 million US dollars.
Changtian Technology Hardware Co., Ltd. mainly produces chips, carbon crystal storage and hard drives, with a profit of 500 million US dollars.
Seagull Company: Profits are attributed to the hardware company.
Tiangong Technology, which mainly does OEM, has a profit of about 130 million US dollars.
Yuedong Internet (which owns SuiChat, 11181 website, Internet cafe management system, and games) made a profit of 116 million yuan last year.
Waveguide Technology's profit is 0.
At the end of the year, the profit of Deep Space Power Lithium Battery, newly established by the lithium battery research department, was 30 million US dollars.
Intensive care center medical company profits $ 1.1 billion.
Mozi Communications Company’s net profit was US$13.4 billion.
The main reason why it reached more than 10 billion US dollars is that China Mobile acquired the 3G business of Mozi Communications.
However, mobile phone communication base stations are also quite expensive, so after selling the 3G business last year, profits increased by more than 10 billion US dollars, which is also the main source of profit for Changtian Technology.
306 Security Company, net profit is 70 million US dollars.
Alibaba’s 2% share dividend was worth USD 02.4 million.
The whiteness is 0.6% and the dividend is RMB 000.4 million.
Chen Xiao is very satisfied that Changtian Technology can achieve today's results.
But Chen Xiao also clearly realized that if Mozi Communication Company did not sell its 3G business this year, more than 10 billion yuan would be deducted from profits.
Although its revenue can rank among the top 10 of the Fortune 500 companies, its profits have shrunk a lot.
Only two subsidiaries of Changtian Technology are listed companies, so the entire group company has no obligation or need to publish last year's financial statements to the public.
Chen Xiao will not announce this profit.
Among group subsidiaries, the dividend base ratio of listed companies shall not be less than 30%.
In other words, Yuedong Internet will use RMB 34.8 million in dividends.
Wang Xiang, Zhou Linghua, Gao Miao and others were very excited after receiving the company's youth financial report.
This means that in addition to millions of dollars in salary, they will also receive dividends ranging from hundreds of thousands to millions of dollars.
For executives of some companies, buying a house is completely unnecessary.
Because everyone believes that the best medical and educational resources in the future will be in Changzezhou.
When buying a house, you need to find a place with the best medical care and education, but Nagasawa Island has already provided accommodation for these executives.
In their opinion, living in Changzezhou is much more comfortable than living in Shanghai or Yanjing.
Money doesn't play much role for executives anymore.
The unlisted subsidiary Chen Xiao has set a shareholder dividend ratio of 20% per year.
But Chen Xiao is its only shareholder, so the cash allocated to Chen Xiao is quite a lot.
However, judging from the current situation, this cash has no effect on Chen Xiao.
There is no airtight wall in the world.
Although Changtian Technology does not announce its annual profits to the public, its revenue is basically disclosed to the public.
Because every time a computer or chip is sold, the price is transparent.
How much does it cost for each patient treated in an intensive care center? This is also well documented.
Therefore, in mid-May, international financial companies, consulting companies and other companies also began to calculate the annual profits of well-known companies around the world.
The news that Changtian Technology's revenue in 2007 reached more than 100 billion US dollars has still spread out.
The first person to report this news was Xia Guo’s Forbes Enterprise Rankings.
A company's profits can be concealed, but there is no way to conceal its revenue.
Forbes Xiaguo's front page headline has estimated Changtian Technology's annual revenue in 2007 to be between US$130 billion and US$160 billion.
"Forbes Enterprise Ranking": "Changtian Technology's annual revenue this year is approximately between 130 billion meters and 1,600 meters, which is far higher than the 130 billion meters of Xiaguo Petrochemical, which currently ranks first, ranking first in Xiaguo
First."
“This revenue can rank tenth among the Forbes Global 500!”
"Forbes Enterprise Ranking": "Changtian Technology is a comprehensive technology company. Although it is not listed, we give Changtian Technology PE12 according to similar companies, and estimate that Changtian Technology's net profit is around 10 billion US dollars. Changtian Technology
The valuation is approximately 120 billion U.S. dollars.”
Among technology companies, a P/E ratio of 12 is relatively low.
It is normal for many listed technology companies in Xia Guo to have a P/E ratio of 30 to 60. Even on Nasdaq in the United States, the average P/E ratio in 10 years is above 30.
For the valuation calculation of unlisted companies, profit or revenue can be used as the base.
Based on the profits of Changtian Technology, Forbes gave Changtian Technology a valuation of 120 billion meters, which is relatively conservative.
Some financial magazines, based on Changtian Technology's turnover, are optimistic about Changtian Technology's future growth and give it a valuation of US$360 billion.
"Forbes Enterprise Ranking": "Chen Xiao, the founder of Changtian Technology and the boss behind it, is not yet 27 years old this year, and his net worth is as high as 100 billion yuan, making him the richest young man in the world!"
The release of Forbes’ Xia Guo Enterprise Rankings really shocked the global business community!
In Xia State, if all types of enterprises are ranked comprehensively, the top ones must be large companies such as state-owned oil and banks.
For example, Xiaguo Petrochemical has been ranked first in the Forbes Xiaguo Enterprises Ranking for several consecutive years, followed by Xiaguo Industrial and Commercial Bank of China, Xiaguo Agricultural Bank of China, etc.
After all, these companies are large, highly profitable, and have many employees.
Xia Guo Petrochemical had 800,000 employees worldwide in 2007.
Xia Guo Industrial and Commercial Bank has more than 400,000 employees worldwide.
Therefore, in order to distinguish state-owned enterprises from private enterprises, Forbes Xia State-owned Enterprises is ranked separately as a Forbes Xia State-owned Private Enterprise Ranking.
In the past few years, companies such as Lianxiang and Warwick have been on the list.
Take Lianxiang as an example. In 2007, Lianxiang's revenue was only over 10 billion US dollars, and its total profit was less than 600 million US dollars, which is not at the same level as state-owned enterprises.
But this time, Changtian Technology directly defeated all large state-owned enterprises and directly stood at the top of the list.
You must know that the total number of formal employees of Changtian Technology is less than 5,000 (the assembly line workers in Tiangong Technology are not considered regular employees of Changtian Technology).
Calculated in terms of profit per capita, Changtian Technology is quite terrifying. This is what made Xia Guo's technology companies feel the charm of technology.
Everyone is thinking about a question.
If you go out of your way to create new technologies and explore new fields like Changtian Technology, you will also gain huge profits.
Changtian Technology has set an example for countless Xia Guo private technology companies.
[Influence +50]
[Influence +50]
[Influence +50]
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Similarly, in the global technology and business circles, Forbes' own news also caused a sensation.
Although Forbes ranked Xia Guo's enterprises.
But according to the revenue of Changtian Technology, it can rank among the top 10 in the world.
This is quite scary.
This also means that for the first time, a private company in Xia Guo has been ranked in the top 100 of the Global 500 list, even ranking 10th.
Media and industries around the world have turned their attention to Changtian Technology and Chen Xiao, the man behind Changtian Technology.
This young man who is not yet 27 years old has not only created a business empire, but also a technology empire.
What scares most Western industry professionals is Changtian Technology’s money-making model. It has almost no “financial” attributes and no reselling. It relies entirely on technological products and is sold one by one.
.
It is quite terrifying that this scale can reach more than 100 billion meters.
Wal-Mart also sells items one by one, but Wal-Mart sells daily necessities that are more relevant to most people.
Its technological content and influence are not at the same level as Changtian Technology's products.
Following Forbes' report, global media also picked up the news.
The entry points of various media outlets are different.
Western media such as "Fortune" and "The Washington Post" are very interested in Changtian Technology's technology empire industry chain.
"Washington Post": If we judge who can challenge the technological hegemony of the United States in the next 20 to 30 years, it will not be Japan's Sony and Toyota or South Korea's Samsung. It will definitely be Xia's Changtian Technology.
The official media of the Xia Kingdom are very interested in the layout of Changtian Technology.
"Environmental News": Changtian Technology has deployed in industries where Xia Guo's technology is relatively weak, such as chip communications. This has a profound impact on Xia Guo's ability to break foreign bottlenecks.
The private media of Xia State are very concerned about some gossipy news.
Netyi News: Chen Xiao, the boss behind Changtian Technology, was born in December and is a Sagittarius. Sagittarius has a strong sense of independence and a strong ambition...
All news and information will eventually be fed back to the capital market.
After the bull market throughout 2007, the entire A-share market has plummeted since the end of 2007.
It has fallen from the highest of 6,600 points in 2007 to the current 3,300 points, nearly halved.
Yuedong Internet, a subsidiary of Changtian Technology, was not immune, with its stock price falling below 100 yuan.
But even so, Yuedong Internet can be regarded as one of the few bright spots in the long bear market.
As Forbes announced the relevant news, Changtian Technology's subsidiaries Yuedong Internet and Bird shares hit their daily limit five times in a row! This directly drove technology stocks to launch a counterattack in the cold bear market.
Keen investors immediately realize a problem.
The stock market is divided into bull market and bear market.
However, there are some stocks whose quality is very good and will definitely surpass the bull and bear market and become the king.
This is especially true for Yuedong Internet and waveguide, especially Yuedong Internet.
Yuedong Internet once again exceeded the 100 yuan mark, and a large amount of hot money and institutions bought it crazily.
When trading stocks, buy Yuedong Internet, which has become the only spark in the hearts of retail investors and leeks in this era.
Chen Xiao saw relevant reports from Forbes and the trend of Yuedong Internet stock, and touched his nose helplessly.
Although Forbes did not accurately estimate Changtian Technology's revenue and profits, it made a rough guess.
Sometimes Chen Xiao wants to keep a low profile, but her strength really doesn’t allow it.