Qunxing Capital's income in the first half of the year was 748.398 billion yuan, a year-on-year increase of 7.96%; the company's net profit was 347 million yuan, a year-on-year increase of 66.43%, and the net profit margin was 9.83%; as of June 30 this year, Qunxing Capital's closing net assets were 313.36 billion yuan,
A year-on-year increase of 4.7%. Liquid cash was 900 billion yuan, a year-on-year increase of 6.94%. The company's total debt was 318.97 billion yuan and total assets were 3.437 billion yuan.
Fang Hong took a rough look at several important data in the interim report. Revenue growth is still rising at a year-on-year rate of more than 0%. Last year's revenue was about 1.1 trillion. This year's revenue of 1.1 trillion is not a big problem.
The company's net assets have also exceeded the 3 trillion mark for the first time. Liquid cash has increased by tens of billions month-on-month without decreasing, and liabilities have dropped by more than 10 billion.
What I have to say is that the corporate debt ratio of Qunxing Capital is really very low. The current debt level has dropped to less than 10%. As a non-bank financial investment company, this kind of asset structure is picturesque.
With a total asset scale of over 3.4 trillion and a debt ratio of less than 10%, it means that Qunxing Capital has left enough room for itself to increase leverage. If such a large asset volume is increased by a 10% debt level, it will exceed
300 billion capital scale.
Leaving enough space for increasing leverage is a strong ability to withdraw funds. Deleveraging is a very painful thing, but increasing leverage is definitely super easy.
Strong ability to secure bottom-line funds is the biggest reliance on building an independent valuation system for the subsidiaries of Qunxingxing.
It is worth mentioning that according to the interim results of Star Capital, more than 80% of its income came from major overseas capital markets. More than 600 billion yuan of income was generated overseas, more than half of which was in the international foreign exchange market.
Earned.
In this super huge market, Qunxing Capital makes much more money from arbitrage than the stock market.
As for the A-share market, I really don’t make much money, and I even lose money.
Because Qunxing Capital is still gradually building positions to prepare for the next round of super bull market, and needless to say the performance of Big A, it has hit a new low for the year, and it cannot cut a few leeks.
However, whether the A-share market is bullish or not depends on which market it is. From the perspective of the secondary market, it is full of bears, but from the perspective of the primary market, it is a proper bull market. The most intuitive manifestation is that although the A-share market does not have "
"Growing taller", but "growing fat" means that financing in the primary market is very profitable.
It just has nothing to do with stock investors, because 99.99% of stock investors can only participate in the secondary market.
…
Finally, Fang Hong put aside the interim report materials, looked at the beautiful assistant and ordered: "Set up a few shell companies doing transnational trade, secretly control these companies, and then go to Brazil to invest in local copper mines, or joint ventures or acquisitions.
OK, large-scale investment.”
Tian Jiayi nodded.
The purpose of investing in copper mines is simple. Domestic demand for copper mines will increase significantly in the future.
Fang Hong decided to invest heavily in copper mines for the field of new energy vehicles. New energy vehicles not only have a huge demand for lithium ore, but also have a huge need for copper mines, because the motors of new energy vehicles require copper.
It's in great demand.
In the future, the sales of new energy vehicles will increase significantly, and the huge demand for copper mines is expected to be visible to the naked eye.
But now, the outside world does not realize that the sales of new energy vehicles will grow rapidly in the Greater China market. At this time, many people do not believe in this stuff, and many people even remain in the concept of new energy vehicles.
But ten years later, the public is no longer surprised by new energy vehicles.
Fang Hong then added: "In addition, Australia's lithium mines have also increased their investment layout to control more lithium resources as much as possible. Whether it is copper mines or lithium mines, the company should do more layers of nesting here, so as not to let
People’s penetration of the underlying structure is controlled by Qunxing Capital.”
Tian Jiayi made memos of his decisions one by one. After multiple layers of nesting, asset penetration will become extremely difficult. If you want to find out the underlying assets of a company, you will be unable to bear the cost of due diligence first.
Not to mention that companies like Qunxing Capital deliberately hide behind the scenes. Qunxing Capital has long been familiar with this kind of operation. In fact, the capital consortiums in the West are also very good at doing this.
After a while, Fang Hong continued: "Another focus is to increase investment in the agricultural field domestically, including technological innovation in agriculture, agricultural products, greenhouse technology, etc..."
Agriculture is not a field with little technical content in the eyes of most people. In fact, truly modern agriculture has very high technical requirements.
Fang Hong attaches great importance to the field of agriculture because it is a major issue related to food security. It is also a major matter related to national security and is a strategic issue.
Qunxing Capital’s investment in the agricultural field is very simple, just two words: open source!
The main purpose is to open up large farms on land that is not suitable for planting in sparsely populated places such as the Northwest and Neimeng. This requires innovation in modern agricultural technology.
Fang Hong has the advantage of foresight and knows that this path is feasible. Neimeng and other places in the north now need to import vegetables and other agricultural products from other places. However, in a few years, with the great development of agriculture in Neimeng, not only will it be unnecessary
Agricultural products are imported from other places and even vegetables are directly supplied to the capital.
This is all due to the development of modern agricultural technology.
In desolate places like the Northwest, water vapor evaporates quickly, making it difficult for traditional agriculture to survive.
However, greenhouse technology can solve the problem of water vapor evaporation. Wrapping a greenhouse and planting in the greenhouse can provide sufficient light and keep the water vapor in the closed space for circulation. The materials used to build the greenhouse are one of the technological innovations. Through this aspect,
Through technical research, we have developed a method that can artificially intervene in light to ensure that the agricultural products in the shed achieve the appropriate growth environment.
In the future, big data, information digitization, etc. will enter modern agricultural cultivation. For example, in a greenhouse area, there will be visual monitoring to monitor various indicators of the growth environment, temperature, humidity, illumination, etc. in real time.
All of these can realize digital real-time monitoring. Once any abnormality occurs in the data, it will be reported in time, and relevant professional and technical personnel will intervene quickly.
Including drones spraying pesticides, etc., and with the intervention of big data, informatization and other technologies, more refined management can be achieved. Under the real-time detection of professional equipment, if there are insects in the crops in a certain area, then
This area can be targeted for insecticide spraying instead of spraying the entire large area, which saves costs and improves quality.
It can be seen that true modern agriculture requires a high level of technology and requires very professional talents and professional skills to be competent. Moreover, with the continuous development and progress of technology in the future, especially in the future era of digital economy, modern agriculture will