Chapter 1788: The money of the empire, how can you burn it casually
As the largest shipping company in the empire, the Yangtze River Shipping Company naturally has a large number of relevant talents to conduct analysis and research. Subsequently, their internal conclusions are somewhat different from those of the Pacific Shipping Company. Although the Pacific Shipping Company occupies a lot of high-end markets, its overall
The quantity is still relatively small.
Taiping Shipping Company, which does not have much money, pays more attention to issues such as costs and operational risks, and does not really recognize behemoths such as 30,000-ton giant ships.
But the Yangtze River Shipping Company is different. It is large enough, and the company and Feng Shipping Company have been rivals for twenty years.
The Yangtze River Shipping Company has been able to keep Feng Shipping Company in the second position, not only because of its state-owned assets background. There are not one or two domestic shipping companies controlled by the Ministry of State-owned Enterprises, but only the Yangtze River Shipping Company can
Be the first in the empire.
Their ability to be among the best for a long time relies on their rich experience, strong strength, and emphasis on talents and the market.
Yangtze River Shipping Company is very sensitive to new technologies and markets.
They built the Empire's first sailing wooden luxury liner.
The empire's first steam-steel luxury liner was built by them.
The empire's first luxury liner around the world was built by them.
They are the ones who run the imperial coastal and Nanyang tourist routes specifically for high-end tourists.
Speaking of the most luxurious and best-serviced luxury liner in the empire, it must be the Yangtze River Shipping Company.
Therefore, the Yangtze River Shipping Company was the first choice of passenger ships for the rich and powerful to travel.
It's not a Pacific Shipping Company ship, let alone a ship of Feng's Line.
The reputation accumulated over decades has allowed them to firmly occupy the mid-to-high-end passenger transport market!
But now, they find themselves lagging behind and have a strong sense of crisis.
A giant ship of 30,000 tons is enough to attract anyone's attention, thus causing a bloody storm in the high-end market!
In order to maintain its status as the leader, the Yangtze River Shipping Company also quickly launched a corresponding giant ship plan, preparing to build a giant ship of 30,000 tons or even larger.
Soon their giant ship plan was put forward, and they could barely scrape together the money themselves. Even if it was difficult, they could get away with a loan or something.
However, due to the huge expenditure involved, it must be submitted to the Ministry of State-owned Enterprises for approval.
The result is beyond any doubt.
The Ministry of State-owned Enterprises killed this plan without hesitation.
Are you kidding me? Three million Tang Yuan was spent just to build a luxury liner with a passenger capacity of only a few thousand people and a crew of several thousand people?
And although the estimated operating income is good, the operating costs are also huge, because it is very expensive to maintain the operation of such a behemoth.
As a result, the net profit will be reduced. They estimate that even in the best case scenario, it will take at least ten years to recover the huge cost of three million.
But as long as the situation is slightly worse, this time will be greatly extended. Fifteen or twenty years can be considered.
Taking into account inflation and capital costs, even if the cost can be recovered within fifteen years, it will still be a loss in the end.
In fact, the internal risk assessment department of the Yangtze River Shipping Company also believes that unless the ticket price is more than double the existing ticket price and the supply is still in short supply, the possibility of making a profit for the 30,000-ton giant ship project is infinitely close to zero.
In the past twenty years, the price of ferry tickets has been getting lower year by year. Under such circumstances, if you still want to increase the price, you are crazy!
So from a profit perspective, this thing is a pure loss. Its only function is to enhance the company's image and compete with Feng's Shipping Company.
But just to improve the company's image and compete with Feng's Shipping Company, three million Tang Yuan was burned?
If the Ministry of State-owned Enterprises dares to approve such a money-burning plan, the Censor will take away the relevant Ministry of State-owned Enterprises officials for investigation in a matter of minutes.
How can you burn the empire's assets at will?
The reaction of Pacific Shipping Company and Yangtze River Shipping Company was completely within the expectations of Feng Shipping Company.
Pacific Shipping Company thought it was not worth it and had no money to undertake such a huge plan.
The Yangtze River Shipping Company wanted to do it and had the money to do it, but the Ministry of State-owned Enterprises did not agree with such a huge expenditure.
In the end, they could only watch and wait to see whether Feng's Shipping Company, the first person to eat crabs, would choke to death or choke to death.
Well, they all thought that the Fung Line would eventually die.
Fung Shipping Company's 30,000-ton giant ship plan was only circulated within the shipping industry at first. However, Fung Shipping Company's biggest purpose in building the 30,000-ton Nova is to change the company's image and then compete for mid-to-high-end market share.
Yes, so they took the initiative to promote it.
Soon there were reports about the New Star in many newspapers. With a displacement of 30,000 tons, a huge investment of three million Tang Yuan, and the most luxurious decoration and services promised by Feng Shipping Company, the New Star instantly became powerful.
There are many more newspaper headlines.
Even Li Xuan, the Holy Emperor in the palace, knew about this.
When Li Xuan learned about this, he couldn't help but marvel at how courageous Feng's Shipping Company was.
It is actually possible to build a 30,000-ton giant ship under the current technical conditions.
The current technical conditions do not mean that a 30,000-ton ship cannot be built, but the cost is astronomical.
This is three million Tang Yuan.
It is enough to build a latest battleship and a cruiser.
Such a risk, and it has not significantly improved the empire's industry, commerce, agriculture, etc., is purely an investment behavior to make money, and only private enterprises such as Feng's Shipping Company can do it. If it is replaced by a state-owned enterprise or an imperial enterprise,
Capital-funded enterprises have been killed long ago. Even if the officials below support it, Li Xuan will not support it.
Although state-owned enterprises and imperial-owned enterprises have money, they cannot spend it like this.
After all, competing for the market and making money are not the first priority goals of state-owned and imperial-owned enterprises.
Their first priority goal is to guide and support the overall development of the empire's industrial and commercial industries, especially heavy industry, while their second priority goal is to ensure the preservation and appreciation of assets.
This means that these two types of capital with official backgrounds tend to be more conservative when investing, and would rather earn less than take too much risk.
But private enterprises like Feng's Shipping Company are different. The money belongs to others and they can spend it however they like.
What's more, in order to compete for the market, they are often more courageous, or have a gambler's mentality.
Although in Li Xuan's opinion, it was still too early to build a 30,000-ton giant ship, since Feng Shipping Company was willing to try and take risks, he naturally would not say anything.
On the contrary, he was quite looking forward to it.
Nowadays, the largest ship in the empire is only about 14,000 to 5,000 tons. When the Nova is completed, it will undoubtedly become the largest ship in the empire.