Chapter 115 [Tiansheng Capital 2015 Annual Report Performance (3400 Months)
Recently, all major domestic market quotation software, Taoba, Snowball and other platforms, including numerous stock exchange groups, have become lifeless, with almost no activity.
And at this time, the 2008 stock commentator's emoticon of comforting retail investors from over 6,000 points to over 1,600 points became popular on the Internet again.
6,000 points, money can’t buy you back!
5500 points, the short-term correction and washout is for a better rise!
5000 points, long-term bottom, buy boldly!
At 4500 points, the market has no room to fall!
4300 points, short selling is very dangerous!
3500 points, the current point is not suitable for blind selling!
3000 points, stamp duty market, low policy!
At 2500 points, 80% of institutions believe that the market has bottomed out!
It can never fall below 2000 points!
At 1800 points, Big A has no hope!
At 1700 points, Big A must push it all over again!
This, this... what the hell is this?
Today, many years later, some netizens have combined various bottoms invented by an expert to formulate a comfort chart of 5178 points for this flash crash, and it quickly became popular on the Internet, causing stock lovers to rush to collect and forward it.
5000 points, golden bottom!
4500 points, diamond bottom!
4000 points, bottom for children!
3500 points, baby bottom!
3000 points, fetal bottom!
2500 points, embryo bottom!
…
Big A's stock investors can only force a smile and enjoy themselves in misery.
The main board plummeted by -25% in January, and the funds were even more miserable. The fund that suffered the worst decline in January hit a terrifying decline of -67.5%. Last year's full-year performance was second only to Tiansheng Value Growth Mix Yi.
Fonda Emerging Growth Blend's performance in January was directly second to last.
By the end of the month, there were basically no people alive in the entire market.
However, Tiansheng Value Growth Mix has become one of the few that has survived, and its net worth growth in January was actually in the red, with a cumulative increase of +%, winning the January championship.
The performance in January brought Lu Ming and Tiansheng Value Growth Mix into the spotlight again, and the activity in the comment area under the fund has always been high.
"I'm really convinced. I didn't lose money in such a market, and I made more than 10 points. Is this Tiansheng Enchantress? I love it!"
"The most painful thing in life is when you find a good chicken and want to keep it for a long time, only to realize that you don't have much money left in your pocket. Alas!"
"As I said before, those who believe in Brother Yi are traveling through bulls and bears to make a fortune, and those who doubt Brother Yi are traveling through bulls and bears to watch others make a fortune."
"Speaking of which, the embryo has bottomed at more than 2,600 points. Is it 2,500 molecule bottoms? 2,000 atomic bottoms? 1,500 quark bottoms? 1,000 bottoms?"
"Talent, brother, Lao Yang calls him a good guy."
"Ma De, don't be serious and funny here. Do you want to laugh me to death so that you can inherit the Tiansheng Enchantress I hold?"
"Haha~, the atoms and quarks are coming!"
"What the hell, Tiansheng Enchantress, it's useless even if Jesus comes, I said it! [angry] [angry] [angry]"
"Tian Sheng Enchantress entered the game on the 3.16 resumption of trading, and I have been playing until today. I finally experienced the feeling of winning without delay, which is a great deal."
"Damn it, I'm so pissed. That's 21 times the income. That's too much!"
"Facts have proved that whenever Tiansheng Enchantress enters, it will reach a low point after a while. Whenever it is a buying point, whenever it is sold, it is a selling point."
"Nah, I'm still speculating on a few stocks, and I'll buy individual stocks later!"
"Brother Yi is my belief!"
…
Monday, February 1st.
Lu Ming arrived at the company before eight o'clock in the morning.
An Yirou knocked on the door and entered his office, "The audit of the 2015 financial accounting consolidated report has been completed. The annual report shows that as of March 31st, Tiansheng Capital had total assets of 132.5 billion yuan and net assets of 130.9 billion yuan. In 2015
The annual operating income is 21.6 billion yuan, the total profit is 100 million yuan, the net profit is 100 million yuan, and the net profit margin is 100 million yuan per share."
After speaking, An Yirou put the report information on Lu Ming's desk, and the latter picked it up and opened it to take a look.
Tiansheng Capital's total revenue in fiscal year 2015 was 21.6 billion yuan, of which 1.2 billion yuan came from the operating income of its Tiansheng Fund, and Tiansheng Value Growth Mix was a core contributor.
However, the income from public funds only contributed 5.55%, and the remaining revenue was Tiansheng Capital’s own investment income. The majority of the income came from overseas call options purchased in the fourth quarter of last year, and US$5 billion was cashed out and returned to China. The remaining
Funds that continue to be invested will remain lurking offshore.
The investment income of US$5 billion was shared between Tiansheng Capital and LPs such as Chaoyun and Wanxiang. Tiansheng Capital’s own proportion plus excess performance commissions shared US$2.1 billion, which is approximately 13.3 billion yuan. Currently,
Now reflected on the income statement.
Without this investment in going overseas in the fourth quarter, Tiansheng Capital’s fiscal year 2015 revenue would not have exceeded RMB 10 billion.
However, it is worth mentioning that the current net assets of Tiansheng Capital are far more than the 132.5 billion yuan of net assets at the end of the annual report. The actual data is 208.7 billion yuan. This extra asset size of about 76 billion is exactly what Tiansheng Capital has achieved.
The encirclement and suppression of international speculative capital in January this year got a share of the cake.
The encirclement and suppression of international speculative capital made a total net profit of more than 220 billion yuan, of which 76 billion yuan was attributed to the proportion of Tiansheng Capital's own funds, and the rest was the profits from LPs' funds, and this profit of LPs will be in the future
If it is to be cashed out, Tiansheng Capital will also take a 20% excess performance commission.
The company's largest operating cost is human resource costs. Currently, Tiansheng Capital has nearly 600 employees. In 2015, it paid more than 2 billion yuan in wages, with an average annual salary of more than 350,000 yuan.
The financial industry has the highest remuneration among all industries. The average annual salary in the financial industry reached 10,000 yuan in 2015, and the remuneration provided by Tiansheng Capital is three times the average of its peers.
The domestic labor force exceeds 800 million, and financial practitioners account for less than 1%, but they contribute 8% of GDP. The financial industry is indeed a popular industry at the moment, and the only industry with comparable benefits is the information technology industry.
, that is, the people who work in IT.
This performance of Tiansheng Capital is undoubtedly extremely impressive. If the company were to be listed, its net profit last year would be second only to Maoti (net profit of 100 million), ranking 32nd among all listed companies in Big A.
There is no doubt about the earning power.
The most important thing is that since it is an investment company, it is not too easy to whitewash the income statement. You can directly cash out the profits and do as much as you want. However, Lu Ming will definitely not do this. The stock assets must be allowed to increase in value.
An Yirou saw him putting down the report information and asked, "Do you want to disclose it to the outside world?"
Tiansheng Capital is not a listed company yet, so there is no need to announce its financial reports to the outside world. Lu Ming shook his head and said: "Let's hold on to it for now, and it will be used in conjunction with the backdoor listing."
The backdoor listing is currently progressing smoothly, and An Yirou, his assistant, is also regularly reporting the progress to him.
His girlfriend handed over the fiscal year report materials and left, and Lu Ming was not idle either. At this moment, he was quickly reading the research report materials submitted by the company's research team. Most of the companies surveyed were designated by Lu Ming.
Although you have the advantage of memory from past lives, you still need to understand the specific situation of the current situation, do a good job of research, and have a clear understanding in order to avoid misjudgments.
Some companies have to be visited in person, such as Pinduoduo.
The industries investigated are also diverse, including semiconductors, chemicals, gold, rare metals, power equipment, beverage manufacturing, food processing, etc.
…
(Ps: At this time, the author was confused in front of the screen, his eyes turned white, and the blood tank plummeted to only 1%...)
