typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

460, forced palace

(Today is my little brother’s birthday, wish me a happy birthday! More updates are necessary! I hope you will support me!) News has been revealed that the sales volume of universal electromagnetic needles this year should be around 56 million units, with an average shipping price of 4,200

RMB, ex-factory sales reached 235 billion RMB, taxes paid excluding tariffs were 58 billion RMB, export taxes were 42 billion RMB, foreign exchange earnings were 30.5 billion US dollars, and the company's net profit margin on universal electromagnetic needles was 38

%, with a net profit of RMB 89 billion, equivalent to US$10.6 billion.

By the end of the year, the total domestic shipments of medical electromagnetic needles in China will reach 1,600 units, and the total overseas shipments will reach 1,500 units. The export tax will be 3 billion yuan and the foreign exchange earnings will be 2.5 billion US dollars. The company's factory sales are 27 billion yuan, and the profit margin is temporarily

unknown.

It looks like a goose plucking its hair, but it's true.

The commerce departments of overseas countries have made representations to the Chinese commerce department several times: they hope to cancel China’s domestic tax on the export of electromagnetic needles and not to put the pressure of the 20% export tax on overseas consumers.

This year, except for some export products restricted by the country such as mineral resources, such as electronic products, China's customs only has "import taxes" and generally does not have "export taxes". But obviously, electromagnetic needles are a big deal.

, everyone wants to take a bite, which is understandable for China’s customs department.

Therefore, the price of a universal electromagnetic needle shipped by Lanyin has dropped from 4,500 yuan last year to 4,200 yuan this year. If it is sold in the domestic market, the price will probably be increased by 20% to 30% by retailers in different provinces.

In other words, it is sold at a price ranging from 5,000 yuan to 5,500 yuan.

But what about the price overseas? First, go to the customs and pay the 20% export tax. The price directly changes from 4,200 yuan to 5,040 yuan. This price is borne by the overseas agent, which is about 605 US dollars. That is to say

Overseas agents need to pay $605 to Lanyin Electronics to take away an electromagnetic needle, but due to China's foreign exchange management rules, Lanyin Electronics can still get the 4,200 yuan.

Overseas agents bring it to their own country's customs for a price of US$605 per unit. Some countries may be tax-free, such as the three Nordic countries, which exempt electromagnetic needles from import taxes. However, some countries, such as Japan, the United States, and some European countries, have huge import volumes.

In advanced countries, their customs also want to get a share of the pie, and the import tariff is set at 20%, so US$605 becomes US$726. Big agents want to make money, at least make money? Send it to retailers, and the price will be increased by 10%.

%, becomes 798 US dollars. Due to the relatively high costs involved in the retail process, retailers also increase prices by 20% to 30%, so the final price sold to consumers is between 950 US dollars and 1,050 US dollars.

950 US dollars, equivalent to more than 7,800 RMB, which is 2,800 RMB higher than the domestic sales price in China.

Of course, 950 US dollars is not a high figure for the United States, Japan, the United States, or several advanced countries in Europe, but for many third world countries, it is more difficult for ordinary people to buy electromagnetic needles.

Of course, in a country where there is not enough food to eat, only the upper class can afford to consume such electronic products.

High-quality enterprises are the engine that creates wealth. Lanyin Electronics' general electromagnetic needle alone seems to have created more wealth for the "country" than the company's net profit. This is of course reasonable. However, earning foreign exchange from exports does not refer to "earning foreign exchange from net exports"

"In order to purchase Intel CPUs, Hitachi electronic components, Samsung memory, flash, etc., Lanyin Electronics also has to apply for foreign exchange from the foreign exchange management department to purchase overseas. For China's foreign exchange management department, Lanyin's

The "net foreign exchange earning" ability is also quite good, with a "net foreign exchange earning" difference of almost 80%, which is 24 billion US dollars.

And what about the CPU or electronic devices you bought back? They have to go through customs and be plucked layer by layer.

Therefore, according to statistics from professionals, for every RMB 1 sold by Lanyin Electronics, it can bring in RMB 6 to RMB 8. This figure is a little less than that of Microsoft, which can bring in RMB 15 to RMB 18 for every RMB 1 sold by Microsoft.

This is also why Microsoft is so important. Although its price-to-earnings ratio is very high in the capital market, it has always been sought after.

Microsoft's operating system is a platform. Once this platform is updated, it can lead to a series of major updates to computer hardware or software.

At this time, the electromagnetic needle was far from becoming a platform, and it only promoted the development of some electronic chip industries.

In addition to general and medical electromagnetic needles, the assets injected by major shareholders include the ly compiler. This compiler has created a myth for non-windows software. By late December, the sales status of this year will basically be known.

Already.

In China, the "national price" is used, which is 5,000 yuan per set. The order quantity is 750,000 sets, and the sales volume is 3.75 billion yuan.

In the United States, a set costs US$2,000, with an order volume of 2.3 million units and sales of US$4.6 billion.

In advanced countries such as Japan, South Korea, Europe, and Australia, the purchase price is US$2,000 per set, with an order volume of 1.7 million US dollars, and sales of US$3.4 billion. In other third-world countries, the purchase price is US$800 per set, with a sales volume of 1.2 million US dollars, and sales of US$960 million.

However, this year, since China has joined the WTO, import and export taxes on intellectual property products, such as software, have been cancelled, so US$2,000 or US$800 is the price at which Lanyin Electronics sells them directly to overseas consumers.

Lan Yin achieved sales revenue of US$9.4 billion from this compiler. What about the gross profit? 85%, and the net profit margin reached 60%!

In other words, with this compiler, Lanyin Electronics achieved a net income of US$5.6 billion!

Lanyin Electronics, except that the company is temporarily unwilling to announce the profits of medical electromagnetic needles, the net profit of its two main products is 16.3 billion US dollars.

So some people say that electromagnetic needles for medical use have higher profit margins, because generally anything with a high price has a high profit margin.

Of course, this is not necessarily the case, but for Lanyin Electronics, it is the same.

The sales of medical electromagnetic needles are 27 billion yuan, of which the net profit margin can reach at least 40% or even higher, which is at least 1.3 billion US dollars.

So, at the end of the year, it’s time for Wall Street to take stock. Someone said: Lanyin Electronics’ net profit this year will reach 17.5 billion U.S. dollars, becoming the most profitable company in the world. With a net profit of 17.5 billion U.S. dollars, this year’s Lanyin Electronics

In the year of listing, Huaxia Li should give generous dividends to small shareholders to show that he has always said that Lanyin is a "benevolent" company. However, many IT companies on Wall Street, such as Microsoft and Cisco, have a tradition of not paying dividends

, I wonder if the major shareholders of Lanyin Electronics will follow suit.

Therefore, when "The Great Sword Master 1" was released in theaters all over the world, Wall Street was again hyping the issue of "whether the world's most profitable company will pay dividends."

The old gangster had returned to Lanyin Biology in Luocheng that day. He didn't know how the outside world was hyping up the dividends.

A stock commentator from an American TV station said: Lanyin Electronics' cash flow is abundant, and because the company outsources 90% of its production operations to Foxconn, the company's operating costs are greatly reduced...The official number of employees of Lanyin Electronics

It is not high, with less than 4,500 employees. This is very rare for a company with the largest profits in the world. Microsoft has 45,000 employees, which is 10 times that of Lanyin Electronics. Lanyin Electronics has the manpower

The cost is not high...

This expert simply said: The net profit of Lanyin Electronics is already very high, the company cannot afford to spend so much money, and the major shareholders should distribute dividends to everyone.

How much is it?

90%, this is what the so-called expert said on the show!

90%, that is, 15.7 billion U.S. dollars. One-fifth is listed, which is 3.15 billion U.S. dollars, 2 billion shares, and a dividend of 1.575 U.S. dollars per share. At the current stock price of 110 U.S. dollars, the price-to-earnings ratio is 69.

Compared with experts' predictions a few months ago, Lanyin Electronics' net profit increased by 20% due to the impact of many events, but it was far less than the increase in stock prices.

After the stock price consolidated between 56 and 60 US dollars, it took advantage of the good news to break through the previous high of 65 US dollars, and then rose all the way, breaking through the 110 US dollars mark, a full 100% increase!

As a result, many commentators on Wall Street said: Compared with Microsoft's sales of approximately US$26 billion this year, net profit of approximately US$7.6 billion, and market value of US$780 billion, Lanyin Electronics' net profit and corresponding stock price are still reasonable.

But before the diversification of Lanyin Electronics is completed, we cannot see that they have sustainable growth performance points. Microsoft, on the other hand, is better than Lanyin Electronics in terms of sustainable development. However, Lanyin's medical use

Electromagnetic needles may become a new growth point next year, but their performance capabilities will not reach the level of general electromagnetic needles.

What this reviewer means is: if Lanyin's electromagnetic needles reach market saturation, sales will decrease every year. Sales will slowly increase until the product needs to be updated. As for the ly compiler, next year

The sales volume is unsustainable. If there are no competitors in the market, it is more reasonable that the annual sales volume will be between 3 billion and 4 billion US dollars in the future. As for medical electromagnetic needles, due to the short sales time this year, the sales volume may be lower next year.

There will be more, but because the things are large, expensive, and require dedicated operators, the sales volume cannot be as hot as the general ones...

Of course these are all correct, but because of these comments, the stock price of Lanyin Electronics experienced a correction when "The Sword Master 1" became a hit.

Because many retail investors or institutions are not willing to waste $10 or more for a dividend of $1.58 per share.

So, the stock price of Lanyin Electronics was December 30, 2002, a Monday.

At this time, as soon as the stock market opened, Lanyin Electronics' stock price plummeted 6% from the consolidation price of US$110!

The market suddenly panicked!

Americans and investors around the world are wondering: Something happened to China or something happened to China Li?

Due to the panic effect caused by Lanyin Electronics, the two major U.S. stock markets fell together, with a drop of more than 4%!

"What's going on?"

This is a question for market investors!

But no one from Huaxia Li and Lanyin came forward to answer them.

On this day, Lanyin Electronics' stock price fell from US$110 to US$103.

The next day, many investors understood: Institutions with huge profits were selling! Nothing happened to Huaxia and Huaxia Li at all. This was entirely a market reaction.

So the "escape" selling began!

On this day, since it was the last day of 2002, the stock price fell by 13%, which is a very unlucky number for Westerners!

Driven by Lanyin Electronics, the U.S. stock market plummeted another 5%!

On this day, Lanyin Electronics' stock price fell from US$103 to US$89.6.

In two days, it fell 19%!

The losses were heavy. Many investors suffered heavy losses, not only in Lanyin Electronics' stocks, but also in other stocks due to the poor market performance.

When the U.S. stock market halted and investors went home dejected, in the east, the sun of 2003 was about to rise.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next