Chapter 240 [Stars Capital First Half Performance Report]
Chapter 240 [Stars Capital First Half Performance Report]
What makes Wang Qingxiong even more angry is that if he still has the idea of taking charge of Hengtong, he can only hold it in and dare not jump out to criticize this article.
Now and then, the current situation of being acquired by Qunxing Capital is very likely to be unavoidable, so Wang Qingxiong is now thinking about how to ease some of the previous unhappiness with Qunxing Capital.
After the merger, he still wants to continue to be the top leader of the company. At this time, he must not do anything to displease Qunxing Capital.
Wang Qingxiong thought that he was also the founder of Hengtong Pharmaceutical Group, and Hengtong's performance has been booming under his leadership over the years, with profits and revenue growing at a rapid rate for eight consecutive years.
This should be obvious to all.
Since Qunxing Capital is also a capital group, capital seeks profits, and Wang Qingxiong is also seeking profits, so the interests of both parties should be consistent.
He believes that he still has a lot of negotiating power with Qunxing Capital, and he hopes to obtain the company's operation and management rights from Qunxing Capital.
Although the owner of the company has become a worker as a result, as long as he can keep his position as the top leader, there is still hope. In the future, he may be able to regain control through buybacks.
Although Wang Qingxiong was very unhappy with this news report, he could only endure it temporarily.
…
Monday, July 20th.
A-shares ushered in the first trading day of the new week. Today's market both opened higher. After the opening, it retreated for 20 minutes and then began to fluctuate all the way higher, showing a unilateral upward trend.
The Shanghai Composite Index hit another new high for the year.
Driven by good news in the past two days, the balance of foreign exchange reserves exceeded US$2 trillion, reaching US$2,131.6 billion, a year-on-year increase of 17.84%. In addition, M1 and credit growth both hit historical records.
In the trading room on the second floor of the Jingxinju villa, Fang Hong was instructing several maid traders to perform stock operations. There are now four traders, the sisters Eve Lei, Lin Yan and Lin Yun.
And Luo Lan, who just joined.
Lin Yan and Lin Yun are now able to carry out trading operations very skillfully and execute Fang Hong's trading instructions well. Luo Lan, who joined in recent days, is still in the novice adaptation period.
Anyway, as long as the maids join the Jingxin Residence, they have to work part-time as Fang Hong's personal traders and master the skill of trading stocks.
In today's market conditions, Fang Hong has not made any large-scale stock exchanges. Since July 10, he has placed heavy positions in the shipping sector and large blue-chip sectors, and has not done any small trading recently.
The holding target has not been changed, but the T operation of intraday arbitrage is still being carried out.
Today's market once again staged the "elephant dancing" trend. The stocks with Chinese prefixes are among the best in terms of increase and trading volume. In terms of trading volume, more than half of the top ten stocks in the two cities today are large stocks with Chinese prefixes.
stocks, and the daily turnover exceeds 2 billion. Amethyst Mining is close to 6 billion, becoming the stock with the largest turnover in the two cities today.
The most beautiful among them is the shipping sector, which Fang Hong currently holds a heavy position in. Today's market has entered an accelerating stage. The stocks he holds in the shipping sector are also superimposed with Chinese prefixes, and their growth is very good.
Stocks with Chinese prefixes such as COSCO Shipping Lines, China Shipping Container Lines, and China Ocean Shipping surged +7.40%, +6.51%, and +7.43% respectively today.
In addition, other Chinese-prefixed stocks also surged. CICC Lingnan surged +10.00%, Zhongguo Aluminum surged +10.03%, Zhongguo Life surged +8.07%, and Zhongguo Shenhua surged +
5.36%, China Coal Energy surged +4.54%, etc.
"Start reducing your position and follow my instructions..." Fang Hong said to the girls. Evelei and others also nodded and waited for his trading instructions. After receiving the instructions, they began to execute the selling operation.
The current market is getting hotter and hotter. The index has risen sharply today, and there is a expectation of a sharp correction in the market tomorrow. Fang Hong decided to sell half of the price today, another half at the opening of the market tomorrow, and then fight his way back underwater.
As of the close, the Shanghai Stock Exchange Index rose +2.42% to 3266.92 points, with a turnover of 236.5 billion; the Shenzhen Component Index rose +1.90%, to 13381.21 points, with a turnover of 116.4 billion. The total turnover of the two cities increased to 352.9 billion yuan, and the volume can be further improved.
Hitting a new high for the year.
Fang Hong glanced at the account closing data.
Position targets: 14 stocks
Profit and loss for the day: +70.22 million yuan
Profit and loss ratio: +4.37%
Cumulative income: NT$977.26 million
Total return: +139.60%
Total assets: 1.67726 billion yuan.
Today, with the help of the increase in large-ticket stocks with Chinese prefixes, I made a huge profit of more than 70 million yuan. The intraday floating profit has further reached a new high, and it is not far from the 2 billion mark.
The current time point has reached the mid-to-late July stage, and the A-share market is getting hotter and hotter. Now the trading volume of the Shanghai Stock Exchange Index alone has exceeded 200 billion, and the volume of the two cities has reached a height of 350 billion, and the index is also heading towards 3300.
Click the mark to sprint, and both volume and price will rise.
Investors all believe that a bull market is coming, because both the current market price and the trading volume are almost the same as the main rising wave market in 2007, and many short-term investors ran into the market.
However, Fang Hong knows that there are only a few days left to get excited about the current hot market. If it rises for another ten days or so, the market of mindlessly making money by going long will come to an end, followed by a four-year long bear market.
way.
After the market closed, the girls dispersed, and Lin Yan and the others went about their business as usual.
…
In the afternoon, around 17:40, Tian Jiayi came back from get off work and brought back a piece of material, which was Qunxing Capital's financial report for the first half of the year.
Tian Jiayi entered the villa and looked around for Fang Hong, but did not find him on the first floor.
"Luo Lan, do you know where Mr. Fang is?" Tian Jiayi happened to see Luo Lan and asked in passing.
"Brother Hong seems to be in the study on the second floor." Luo Lan said with a smile.
"Thank you." Tian Jiayi smiled and nodded, then went upstairs and walked towards the study room with the financial report documents in her hand. Just when she walked to the door of the study room, the door happened to open.
Housekeeper Yu Qiu stood at the door. She and Tian Jiayi looked at each other and were stunned for a moment.
At this moment, the beautiful housekeeper pursed her lips and said nothing. After a while, Tian Jiayi saw an obvious swallowing movement in her throat. After that, Yu Qiu opened her mouth slightly, looked at Tian Jiayi as if nothing had happened and said with a smile:
"Are you looking for Brother Hong?"
Tian Jiayi smiled and nodded: "I need to report to him about my work."
After saying that, she motioned to Yu Qiu about the documents in her hand, and Yu Qiu immediately smiled and said, "Brother Hong is in the study, you guys can chat."
The two briefly chatted for a few words, and Yu Qiu left first very calmly.
Tian Jiayi entered the house, and the air in the study entered her nose. A different smell made her frown slightly, and she felt suspicious. Thinking back to Yu Qiu's swallowing action just now, Tian Jiayi was suddenly startled.
But she quickly reacted, because Fang Hong, who was in the study, turned around. She quickly put away her facial expression management and said with a smile: "Mr. Fang, the company's performance report for the first half of the year has come out."
She looked at Fang Hong sitting on the swivel chair and felt that he was in a listless state, as if he had been hollowed out by something.
Various signs indicate that his current state is most likely caused by Yu Qiu.
Fang Hong didn't know what the beautiful assistant was thinking about, so he said concisely: "Just think about it."
Hearing this, Tian Jiayi put away those thoughts, nodded and opened the file and said: "The company's performance data for the first half of this year shows operating income of 2.276 billion yuan and profit of 1.353 billion yuan."
Tian Jiayi added: "In terms of investment income, the net investment value of the A-share market in the first half of the year was 52.361 billion yuan, the net overseas investment value was 15.043 billion US dollars, equivalent to RMB 102.894 billion, the company's net assets in the first half of the year were 165.255 billion yuan, and the total asset size
253.168 billion yuan, the debt scale is 102.913 billion yuan, and the debt ratio is 40.65%.”
The company's revenue in the first half of the year was more than 2.2 billion, but the company's asset size has expanded to a terrifying more than 250 billion. The difference between the two is two orders of magnitude, more than a hundred times.
This is because Qunxing Capital is an investment company whose largest business in the first half of the year is stock investment transactions. The money for direct stock purchases is recorded as trading financial assets, and the expenses incurred for this, such as handling fees, are included in investment income.
Investment income neither belongs to the main business income nor is it inferior to other business income. Investment income is a separate accounting account. The profits, interest, allowance, dividend income and investment income from investments are listed in the tax as corporate income tax.
For taxable items, corporate income tax is calculated and levied in accordance with the law.
As an investment management company, Star Capital's operating income is not the focus. The core of its finances is reflected in the income statement, and the company's net assets have expanded to more than 250 billion within half a year.
Basically no taxes were paid in the first half of the year because there were basically no assets held.
To put it more down-to-earth, Qunxing Capital’s current investments have not yet been settled, and are currently all floating profits on the books. Only after cashing out from the capital market, the company will obtain investment income, and according to regulations, it must pay corporate income tax at a tax rate of 25%.
