The first thousand and twenty-six chapters in 2001 the operating conditions of its subsidiaries (1)

Chapter 1026 Operation Status of Subsidiary Enterprises in 2001 (1)

Rebirth of the Technology Upstart Chapter 1026 Operational Status of Subsidiary Enterprises in 2001 I

Having money and leisure is an important basis for the development of consumption, and its entertainment consumption has become the biggest beneficiary. Following the rapid development achievements of the previous year, Shengshi Cultural Group also developed well last year.

Last year their total revenue reached 7 trillion yuan, an increase of 2 trillion yuan over last year. Although the growth rate was lower than the previous year, the absolute value of the growth was much higher.

Although each of its businesses has contributed a lot, the biggest contributors are Shengshi Entertainment and Shengshi Toys, which have far exceeded their performance.

The content of Shengshi Entertainment Company is the most complicated, including entertainment venues such as bars, Internet cafes, and clubs, as well as mid-to-high-end cultural consumption venues such as cultural and art centers.

There are also art performance groups operating for individual businesses. All cultural and entertainment fields that other companies do not involve are basically put in this company.

At the beginning, Ye Zishu judged that the cultural and entertainment consumption venues in non-central cities had great potential, but in fact they were. These markets, which were not taken seriously before, brought a lot of benefits to the group.

Of course, thanks to the full coverage of social security funds, the income of people in remote areas is not bad, which stimulates their consumption desire and promotes the enthusiasm for cultural consumption in these markets.

Another reason is that the global economy continues to recover, the global market has contributed a lot of operating income, and overseas business conditions continue to improve, which is also a factor for the rapid increase in revenue.

However, operating profit has fallen sharply, with a net profit margin of only 10%, or 700 billion yuan, compared with 30% in the previous year.

There are two main reasons for this. The first reason is that the investment scale is large. In order to let their tentacles go deep into the county economy, they invested a lot of fixed assets.

Most of them are fixed assets purchased from Wancheng Jiye, such as the cultural and art center building in his county, which was purchased by Shengshi Cultural Group.

Some counties do not have such a high-end configuration, so they entrust Wancheng Foundation to help design and build. Compared with renting a place, the advantages outweigh the disadvantages in the long run.

As long as the economy does not fluctuate sharply, people's income will not decline sharply, and as long as cultural and entertainment consumption habits are developed, basically there is no need to worry about suddenly losing business.

Cultural and entertainment consumption is one of the basic needs of human beings. As long as there are different needs for content, it is unlikely to suddenly reduce cultural and entertainment consumption** unless the economy does not allow it.

It is based on such considerations that they believe that investing in fixed assets is beneficial to their long-term operation, and they should be more flexible in performance arrangements.

In addition, they are not short of money, and have been making a profit for so many years. Ye Zishu has never taken money from them, and the scale of funds accumulated in their hands is quite objective.

The second reason is that business expansion is relatively strong. This process is accompanied by investment in market development. It is generally difficult to make huge profits in the early stage. On the contrary, personnel costs and total fixed expenses have increased a lot.

Fortunately, although this part of the investment did not earn huge profits, it did not suffer serious losses, but compared with mature businesses, the profit margin was relatively low.

They were also one of the companies that hired the most general-purpose robots last year, and they all customized general-purpose robots. The employment fee was much more expensive than ordinary general-purpose robots.

Up to now, the number of employees of their general robot has reached 1.5 million, mainly engaged in theatrical performances and business management.

It takes a long time to train qualified artists, and their business is expanding so rapidly that they can only hire custom-made general-purpose robots to act as artists, otherwise they will not be able to meet market demand at all.

Business expansion is also accompanied by an increase in management difficulty. If it is replaced by inexperienced or lack of effective supervision, it is easy to cause management confusion or various accidents.

At this time, hiring a general-purpose robot is an inevitable choice, which can solve the management difficulties well, so that the rapidly expanding business can be operated in an orderly manner, and there will be no chaos.

Although general-purpose robots have solved many problems, they have not relaxed the cultivation of talents, except for general-purpose robots to cultivate talents in their work.

They have also strengthened their cooperation with New Oriental Education Group and established specialized vocational schools to train the talents they need, even if they may not be useful in the future.

Cultivating talents is a way of cultural inheritance, and the importance of cultural inheritance cannot be ignored just because general-purpose robots are good. Ye Zishu thinks that they have done a good job in this, and fully understands his thoughts.

Modern society is built not only on machines, but also on software, so the more developed the economy, the larger the scale of the software industry. This is well reflected in his Phoenix Technology Company.

Even though their size itself is not small, their growth last year was still not low. The revenue growth rate was as high as 18.4%, and the operating income was as high as 45 trillion yuan. This is not an easy achievement.

The main growth in revenue comes from advertising revenue, which is considered a very strong business under their banner. Especially when the consumer economy exploded last year, merchants were also willing to advertise, which led to a considerable increase in advertising revenue.

Then there is the development of online shopping and life service business. These two businesses are globalized. Although they cannot completely replace physical operations, they have become almost pervasive.

With absolute technological advantages and first-mover advantages, even if there are competitors, they are still kings in these fields and earn most of the benefits in these fields.

Then there is the software industry. Due to the large size of the industry under Ye Zishu, they are not stingy in software procurement and use, so the development of the software industry is generally very good.

It can even be said that modern industries are basically based on software, coupled with more and more intelligent devices, these are the strong areas of Phoenix Technology.

Then there is the new industry "Second World". The situation is more optimistic than Ye Zishu expected. The current number of users is as high as 10 million. At this time, the users are not people who are poor.

Therefore, the per capita consumption scale in the "Second World" is not small, and it has reached the level of 100,000. That is to say, this project alone brought them 1 trillion yuan in revenue last year.

The last is the intelligent robot service business. Not to mention the stock of intelligent robots produced before, but last year, 300 million new production was added, and the stock data of robots is even larger.

If you want a robot to have various capabilities, you cannot do without the various data services provided by Phoenix Technology, and at the same time charge artificial intelligence licensing fees. The revenue of this business is increasing rapidly.

In addition to repeatedly setting new highs in revenue, their net profit is still very scary. Last year, their net profit reached 18 trillion yuan, with a net profit margin of 40%, which is one of the highest among his industries.

If it weren't for the relatively low fees charged by internal artificial intelligence services, if they were charged according to the market, both revenue and net profit margins would become even more terrifying.

It's not that they can't charge it, but that they don't think it's necessary to charge such a high fee. Their net profit is too horrible, and they simply can't spend it all.

In the past, these net profits had to be handed over, and were distributed to Wancheng Foundation by Ye Zishu. Now Wancheng Foundation does not need their support, and has more money in hand.

Instead of earning this money by yourself, it is better to give the profits to the robot-operated enterprises, and pay more social security funds, which is equivalent to distributing this part of the benefits to the public.

If they really want to pursue profits, it is too easy. With the blessing of artificial intelligence, and they are engaged in the software and Internet industries, they can save a lot of labor costs.

Now they would rather reduce the working hours of programmers and other staff, but also maintain the continuous increase in the number of employees, just to avoid talent shortage, otherwise it will be detrimental to long-term development.

Talents need to be exposed to a large number of practical projects before they can grow up. Even if these talents are not required to do the work of moving bricks, they should go through various projects and accumulate experience.

Xuanwu Technology's revenue last year was 80 trillion yuan, with a growth rate of 45%. The main reason for the rapid growth is the expansion of robot production capacity.

At the same time, Qinglong Technology Company transferred more benefits to Xuanwu Technology, and reduced the proportion of its own profits. The reason is still to maintain the competitiveness of the manufacturing industry and give up more benefits to the public.

Qinglong Technology Co., Ltd. is a research and development enterprise. The actual number of employees is not very high, but the interests it occupies are quite a lot. On the one hand, it weakens the profit margin of the manufacturing industry, and at the same time suppresses labor remuneration.

In fact, as long as it can maintain its own research and development investment and normal operation, it doesn't make much sense for Qinglong Technology Company to make more profits. In the past, it had to pay a lot of profits, but now it doesn't need to pay too much. Too much profit is not a good thing.

Giving up more benefits is an inevitable choice for sustainable development. As a close partner, giving Xuanwu Technology more benefits will only benefit them and not harm them.

In addition, Xuanwu Technology Company has undertaken a relatively heavy investment task in the interstellar ship project. The year before last, it adopted the method of transfer payment, and last year it directly adopted the method of reducing its own interests to donate blood to Xuanwu Technology Company.

Of course, Xuanwu Technology itself is also very strong, but their net profit margin has not increased, and it is still at the level of 20%, with a net profit of 16 trillion yuan.

If the investment in the interstellar ship project is deducted, their actual net profit is only 6 trillion yuan, and the benefits that Qinglong Technology Company gave up are given to ordinary people.

Their assembly line production workers have basically been dismissed and replaced with robots. Adding employment fees to robots is equivalent to adding funds to the social security fund, which is equivalent to sending money to the people.

Ye Zishu naturally has no objection to their transfer of benefits. Anyway, he has no plan to take money from these industries. As long as these industries can grow healthily, he doesn't care.

Qinglong Technology's revenue growth last year was quite high, mainly due to the contribution from the robot business, with a revenue scale as high as 90 trillion yuan, and other business revenue growth was also not low.

However, the net profit margin is much lower. In the past, the net profit margin was as low as 20%. Last year, their net profit margin was only 10%, and their net profit was 9 trillion yuan.

The revenue has increased so much, but the net profit has decreased by 3 trillion yuan. This is the result of the transfer of benefits. For Qinglong Technology Company, the net profit of 9 trillion yuan is not low.

Huanyu Group's business development has really hit a bottleneck. Last year's total revenue was only 32 trillion yuan, an increase of only 4 trillion yuan from the previous year, and the growth rate was only 14%.

The reason is that many of their businesses have basically developed to the extreme. The total production capacity of automobiles has reached 50 million, and there is not much room for growth.

Although domestic car purchases are still booming, after so many years of sales, the stock is no longer small, which makes Huanyu Group unwilling to continue to increase production capacity.

If there is domestic demand, they would rather reduce export volume to meet domestic demand first, so as to protect their basic market, and do not need to rely on production capacity to increase market supply.

Fortunately, due to the overall increase in national income, the average unit price of cars sold in China has risen, and the sales of special vehicles have continued to improve, which has contributed a lot to the increase in total revenue.

In the battery business, they have achieved the ultimate. If there is no market with greater demand, it will be quite difficult to grow rapidly.

As for electric vehicles, due to the relatively low international energy prices, sales have not ushered in a major explosion, and they have remained in a state of inactivity, and they have not deliberately promoted the development of the entire field.

However, there is no slack in technology, and more technology research and development is still carried out. If electric vehicles suddenly become popular in the future, they will not miss the opportunity.

Moreover, electric vehicles are really likely to explode again in the future, because controllable nuclear fusion has come out, and many countries will deliberately promote the development of new energy vehicles in order to get rid of their dependence on external energy.

In the maglev transportation business, the development of super maglev has increased slightly, but it is not obvious in their revenue performance.

Many larger cities in China have also begun to build their own subways, all of which use Huanyu Group's low-speed maglev technology. The business in this area is good, but the total revenue is not particularly high.

The reason is that the construction speed of the subway is relatively slow. Even if the cost per kilometer is relatively high, the total revenue brought to them is relatively limited, which is a small business.

In fact, the aircraft manufacturing business has grown to a certain extent with the substantial increase in the number of domestic airports and the increase in the number of people who choose to travel by plane. It can be regarded as the fastest growing business among all major categories.

The shipbuilding business has also grown slightly, but it is unrealistic to expect leapfrog growth like in previous years, and it can only develop according to the market.

Last year, the net profit was 2 trillion yuan, and nearly 11 trillion yuan was invested in the interstellar ship project. As an important participant in this project, investment is essential.

The revenue of Kirin Industrial Group last year was not as good as before. The total revenue was only 185 trillion yuan, an increase of only 18 trillion yuan. This is not conspicuous for such a huge industrial system.

The revenue growth rate is only 10.8%. The enthusiasm in the consumer field does not seem to be transmitted to them. In fact, it is not the case. Their consumer business is actually growing fairly well.

It’s just that their corporate business is very large, and the proportion of consumers is limited, and many of them have actually developed to the extreme, and it is difficult to go further.

Fortunately, this year's investment scale has decreased a lot compared with the previous year, and the net profit margin has increased to 30%, with a net profit of 55.5 trillion yuan. They are still ahead of the pack in this regard.

In the future, if there is no new huge market business, the development of Kirin Industrial Group will enter the normal state. If it is not for the many new technologies given by Yeshu, it may have entered the normal growth track.

Therefore, Ye Zishu was not surprised when he saw the financial report of Kirin Industrial Group, nor did he blame them for it. Many industries are relatively mature, and it is not easy to develop at a high speed.

In fact, Tai Chi Medical Group has also gradually fallen into a development bottleneck. Last year, its revenue was only 94 trillion yuan, an increase of 9 trillion yuan from the previous year, with a growth rate of 10.6%.

The reason is actually very simple, that is, they did not launch a new business last year, and the development of the old business has basically reached its limit, so it is unlikely to achieve rapid development.

The reason why there was still a growth of 9 trillion yuan last year was due to the contribution of the medical aesthetics business. With the reliance on business operations in this area the year before, it has been generally recognized by consumers.

Therefore, the number of consumers who choose their medical beauty services has increased significantly last year, the number of people served has doubled, and the performance has naturally increased significantly.

It’s just that compared with the size of the entire Taiji Group, the growth of a single business is less and less effective in driving overall growth. If it were a few years ago, the situation would be completely different.

Ye Zishu also anticipated this situation, so he came up with the anti-aging medicine. Although Ye Ziqin came up with this idea, he also had this intention, otherwise he would definitely not waste time on it.

If anti-aging drugs can obtain the expected market, it will further promote the development of Taiji Group's overall business, but it is still unrealistic to have the same growth rate as before.

It is unprecedented for Taiji Group to develop to its current scale. In the future, unless he comes up with black-tech products, he will have to accept the current situation.

Xiaodangjia Catering Group did not expand significantly the year before last, but it added another 100,000 stores last year, which was beyond his expectation.

According to them, the consumption enthusiasm is soaring, the original store operation is already relatively crowded, and many of the original self-employed people no longer operate.

For many self-employed people, opening a restaurant is tiring and risky, and the most important thing is that it doesn’t necessarily make money. It’s better to go home and lie down comfortably. It’s comfortable and you don’t have to worry about running out of money.

As a result, a considerable part of the market was vacated, and the enthusiasm for consumption was relatively high, so they seized this opportunity and expanded the number of catering stores under their banner a lot.

Not only has the number of stores increased a lot, but the average operating income of a single store has also increased a lot. Last year, the total revenue reached 9 trillion yuan, a direct increase of 2 trillion yuan.

The overall net profit margin did not increase, and remained at 10%, and the cost was spent on the quality of dishes, staff salaries and service quality improvements.

However, because the total revenue is very large, even with a 10% net profit margin, the total net profit is still as high as 900 billion yuan, which is not low.

Under their management, customers are very satisfied with their dishes and services, employees can get higher salaries than their peers, and they themselves make less money. It can be described as a win-win situation.

Wancheng Foundation’s total revenue last year was 300 trillion yuan, of which 100 trillion yuan was from regular operations and 200 trillion yuan from real estate sales.

Even though their investment is still quite a lot, their net profit margin is still as high as 30%, and their net profit has reached 90 trillion yuan. If you don’t consider that these revenues are staged, they should be the most profitable company last year.

In fact, their real estate business investment has not slowed down significantly. The reason is that there is still a certain market space, and the old city renovation business is in full swing.

The second is that the number of robots is increasing too fast. Like the ordinary robots produced by Qinglong Technology Company, the requirements for living conditions are not too high, and they can even be placed directly in the warehouse.

But for general-purpose robots, it is necessary to provide the necessary living conditions instead of simply being used as tools. There are many reasons, but the main reason is that they are all engaged in relatively decent jobs.

Most of the robots produced by Qinglong Technology Company are engaged in assembly line work, which is high-intensity labor. Except for necessary maintenance time, they basically do not rest.

Universal robots are engaged in high-end occupations, such as scientific researchers, teachers, doctors, office clerks, foreign service personnel, etc., are all decent jobs.

If these universal robots are piled up in one place, it will look weird, and it will also make society lack respect for universal robots.

We must know that general-purpose robots are one of the main driving forces of social development now, and will take on more responsibilities in the future. There are reasons for human beings to maintain a certain degree of respect for them.

And this is not just talking about it, it must be given corresponding treatment, even if most of the income is taken away, but each general-purpose robot also has a certain amount of consumption.

These funds buy them clothing, energy, commuting and daily necessities, while also paying their rent, and there are some differences in the conditions provided by the general robot for different jobs.

Although general-purpose robots don’t have to have a larger living space like humans, each robot still has to be guaranteed a room, so real estate hasn’t come to a complete stop.

According to this requirement, Wancheng Foundation needs to build a lot of real estate projects to meet this requirement. Although there is a high probability that these houses will not be sold, long-term leases can also bring them stable income.

New Oriental Education Group's revenue last year was 2.8 trillion yuan, with a growth rate of only 3.7%, almost reaching its limit. In fact, its domestic business has shrunk, while its foreign business has grown slightly.

The reason is that the number of people learning Chinese abroad is increasing rapidly, and they all want to take a free ride on this super-economy, so that their income can increase rapidly.

Therefore, Ye Zishu never takes the initiative to promote the traditional culture of our country, because he thinks it is unnecessary. When a country is strong enough, it naturally has the ability to spread its culture.

When a country's strength is weak, even if it's exhausted, the effect of propaganda is not very good. On the contrary, in the eyes of some people, it looks more like a clown.

So what he needs to do is to develop the country's economy and make the country stronger in all aspects. At that time, people from abroad will naturally help to promote it, and we don't need to go to battle in person.

Leaf Book does not have high requirements for their income. Anyway, the basic education business has already been paid by the state, and their income is mainly invested in the field of vocational education.

As long as the net profit rate is 10%, they still maintain 10%. This is what they do deliberately. The net profit is 280 billion yuan, which is used as their reserve funds for emergencies.

And there is no need for them to earn too much. Under the current circumstances, it is enough to meet various business development needs.