Chapter 901 Net profit breaks through the 10 trillion mark

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Phoenix Software's business has entered a stable period, and it is difficult to achieve explosive growth like before, even if there is no financial crisis.

Therefore, last year's revenue did not achieve a leapfrog growth, only 3.7 trillion yuan, with a growth rate of 10%. The main growth contribution came from the domestic market. In addition to the increase in advertising revenue, other businesses in foreign businesses shrank instead.

The impact of the financial crisis cannot be ignored. In addition, many computers have entered the stock stage, and there are fewer new computer users. In addition, the emergence of smart phones has also had some impact on the growth of computer users.

In Yeshu's view, Phoenix Software's ability to maintain growth is already remarkable. His requirement is no longer in revenue, but to have absolute control over the market.

Phoenix Special Effects is the beneficiary of this financial crisis. When others change their entertainment methods to online, their film and television dramas have become the first choice of many people.

In order to meet the needs of consumers, they increased the production of film and television dramas in the second half of the year, and the proportion of comedy content has also increased a lot, which can make many people temporarily forget the troubles outside and give everyone a good harbor.

In addition, smart glasses have played an important role this year. Watching movies online, especially blockbuster movies, has become the choice of many people. The effect is even more shocking than ordinary movie screens.

Therefore, their revenue growth last year was also very good, and it actually doubled to 2 trillion yuan. It is the fastest growing company among the established companies under Phoenix Technology.

And once online entertainment consumption has formed a habit, even if the income after the crisis is not as high as it is now, it will still have a considerable development compared to before, and sooner or later it will still increase to the current income.

Suzaku Software Company suffered a lot last year. If it weren't for the good domestic revenue, it might experience negative growth. This year's revenue is 600 billion yuan, with a growth rate of 20%.

The reason is the rapid growth of the domestic market. Companies founded by artificial intelligence have purchased a large number of their industrial software, and among the acquired companies, companies that have been rectified earlier have also purchased advanced industrial software.

For artificial intelligence, there is no need to use these industrial software, but ordinary employees in enterprises need these advanced tools to understand product design and production processes.

There is also the production equipment provided by Xuanwu Technology Company, which is embedded with a large number of industrial software modules, making the production equipment more intelligent and running more smoothly, which also contributed a lot of performance.

Jiufeng Software Company also suffered a lot. Not only did its revenue not increase, but it dropped by 50 billion yuan, directly returning to the revenue scale of the previous year.

This situation, in addition to the impact of the financial crisis, is also related to the bottleneck period of its own business. The growth rate in the previous year was actually not high, and it is the only negative growth company under Phoenix Technology.

Although Honghu Software was also affected by the global financial crisis, the domestic demand was very strong, which made up for the loss of foreign revenue. Not only did it not have negative growth, but it grew faster than before.

Last year was also the first time their revenue exceeded the 1 trillion yuan mark, with a growth rate of 42.9%. The reason is very simple. In addition to the demand from other domestic companies, there is a large demand for new companies under Ye Zishu.

Needless to say, enterprises founded by artificial intelligence will definitely purchase these enterprise management systems immediately, otherwise such a huge system will be difficult to manage clearly.

The state-owned enterprises acquired last year immediately launched their own intelligent management systems after the successful restructuring to standardize the operations of these enterprises.

In his companies, no matter how big or small they are, they will give priority to using these intelligent management systems. Only when these management systems are in operation can the company gradually get on the right track.

Regardless of how other companies operate, the intelligent management system is a must-have software for the operations of his companies anyway, and it is a guarantee for the good operation of a company.

In addition, the demand of other domestic enterprises is also increasing, so it is not surprising that such achievements can be achieved, and there is still a lot of room for growth in the future.

The main income of Kunpeng Information Technology Company comes from advertising, so the impact this time is not too great. In addition, the domestic advertising market continues to expand, and the revenue is still very good.

However, their volume is already very large, and it is basically impossible to grow as before. Last year's revenue was 4.2 trillion yuan, an increase of only 700 billion yuan.

The growth mainly comes from the growth of advertising and paid content. Among them, the paid content of film and television has grown relatively fast, otherwise Phoenix Special Effects Company would not be able to make so much money.

For the same reason, the revenue growth of Qingluan Information Technology Co., Ltd. last year was also good, doubling the growth, and the total revenue reached 800 billion yuan.

The reason is that the degree of commercialization was not particularly high before, and the growth potential was relatively large. Although the growth may not be so large in the future, the potential is still great, and it is not difficult to break through one trillion yuan in revenue.

Danque Financial Services Company is still in a state of loss, and the loss has further expanded, reaching 100 billion yuan. The reason is that the cost of promoting offline payment is relatively high.

In the past, their payment platform was only used for online transfer and purchase of virtual products, and did not involve offline payment scenarios because there was no suitable carrier.

Previously, it was only promoted on Tai Chi Group's smart wearable devices. Because the price of this product is too high and the stock is relatively limited, it did not make any effort to promote it.

The emergence of smart phones this time can popularize handheld terminals, and ordinary people can have a mobile phone. At this time, it is very necessary to fully promote offline payment.

Of course, the effect is also remarkable. It can even be said that last year was the year of offline smart payment. Needless to say, in China, even some countries with strong financial fortresses have also made breakthroughs.

The global scale of funds paid through their payment platform has reached 20 trillion yuan throughout the year, making it a unique electronic payment platform in the world.

According to their estimates, it is expected to increase to 40 trillion yuan this year, and the platform has also entered the fast lane of development after being relatively well-known before.

The reason is actually very simple. There are two main reasons. The first is that the scale of the platform is very large. When everyone uses this platform to exchange funds, other people have to consider doing so.

The second is safety and security. In order to ensure the safety of funds, they have introduced a series of measures, including rule-making and technological breakthroughs, to ensure that the transfer of funds is foolproof.

Moreover, the corresponding insurance business has also been launched. If there is a problem with the funds after the purchase, the platform will be responsible for the claims, which further increases the trust of users.

The third is convenience, especially after you have a mobile phone, it is more convenient than swiping a credit card. You almost don’t need to carry a wallet when you go out, you only need to bring your mobile phone.

And for so many years, they have conducted research on various payment scenarios, and the relevant technologies are very complete. In order to be able to promote them globally, they have publicly authorized many technologies.

In some countries where financial capital is prevalent, they use this method to let real companies wrestle with these financial capitals, and use them to open up offline payment channels.

Don't think this is nonsense. The smart payment system can bring a lot of benefits to the real economy of many countries and play a huge role in improving the economy.

And this is just to open up the previously monopolized field. Although the profit is relatively small, it is not completely at a loss. The licensing fee and parts sales can also bring considerable benefits.

With the improvement of more and more offline smart payment scenarios, the convenience of payment will only become higher and higher, which is an important reason why everyone is willing to use it.

They plan to continue to focus on promotion this year, so that their platform will take up a larger proportion of daily payments, and will start charging services next year.

If their predictions come true, even if the service fee is charged at an average of 1%, the annual income from the service fee alone can be 400 billion yuan, and the previous investment can be earned back in one year.

In fact, there are many places where they can make money, but they have not yet thought about complicating the platform, because they believe that the annual transaction payment scale of the platform will reach 100 trillion yuan, which is not impossible.

Compared with longer-term goals, temporary benefits are not so attractive. If the annual payment scale reaches 100 trillion yuan, it will be able to completely secure its position as the world's largest electronic payment platform and form a monopoly advantage.

The opportunities brought by smart glasses have created many markets, and the beneficiaries include Seagull Interactive Entertainment. Holographic games have become popular and become a new growth point for the game business.

In addition, games are also one of the cheap entertainment methods. In the context of the financial crisis, the number of game players is also increasing rapidly, and the per capita consumption has also increased a lot.

Last year, their revenue exceeded 1 trillion yuan for the first time, reaching 1.2 trillion yuan. The growth rate was much higher than before, reaching 41%, and their performance was very good.

Although Qinglong Technology Company has opened the smart glasses interface to the outside world, and other companies can provide content for this platform, but in the field of holographic games, there is only Seagull Interactive Entertainment Company.

The reason is simple. The production cost is too high. Even if the price of holographic games rises to more than 80 US dollars, if the sales volume is not particularly good, they will face losses, which makes many companies dare not take risks.

Sea-gull Interactive Entertainment is different. They have artificial intelligence to help develop, and the cost is not much higher than developing ordinary games. The cost is very low, and there is no need to worry about losses.

Therefore, they are currently in a state of dominating the holographic game market, and holographic games are becoming more and more popular. They are called next-generation games and are enthusiastically sought after by players.

The sea-gull interactive entertainment company, which was originally in a period of slow growth, has been revived with the help of smart glasses, and is expected to reach a super game giant with an annual revenue of 2 trillion yuan.

Baihe Software’s revenue increased by only 100 billion yuan last year, and the growth of its intelligent monitoring business was weak, not as fast as before. Fortunately, government software continued to make efforts.

Although the revenue growth is not high, the net profit margin has increased a lot, from the original 30% to 40%. The reason is that the profit margin of software is very high, and the profit margin of hardware is generally relatively low.

The serious decline in revenue growth is not limited to Baihe Software Company, Fengming Technology Company is the same. The revenue growth rate is only 200 billion yuan, and the growth rate is only 13%, which can be regarded as entering the normalization stage.

Although the circumstances of each company under the Phoenix Technology Company are different, the overall performance still satisfies him. It is impossible for a company to grow at a high speed all the time, and there will always be a time when it enters a stable period.

The development of an enterprise also needs opportunities. After the opportunities are exhausted, it is difficult to continue to develop rapidly. When encountering opportunities, it will boost the vitality of the enterprise. For example, Sea-Gull Interactive Entertainment Company, smart glasses are their outlet.

Last year, Phoenix Technology's annual revenue was 21.75 trillion yuan. It was a bit unexpected, and the overall growth rate was as high as 48%. On the basis of such a large volume, it is indeed a bit scary to have such a high growth rate.

The reason is very simple, that is, the impact on the overall business of the company is limited, the domestic market is developing rapidly, and new businesses are gradually developing, contributing a large amount of revenue.

In particular, the E-Commerce Company, a single company contributed 4 trillion yuan in revenue, which was the main growth point last year. Without the contribution of this company, the growth would not have been so high.

This year, he is more looking forward to the performance of Hummingbird Life Service Company, which may become a new revenue growth point of Phoenix Technology, and help Phoenix Technology continue to climb to the top.

The net profit is also very impressive, as high as 12 trillion yuan. It is one of the few group companies under his company whose net profit has exceeded the 10 trillion yuan mark. Only Taiji Group did it before.

This year, not only Kirin Industrial Group has achieved it, but Phoenix Technology has also achieved it. From the data point of view, the impact of the financial crisis has not been seen at all, and it is still developing at a high speed.

The dominance of a company in the market can be seen from the level of revenue, and the competitiveness of a company in the market can be seen from the net profit margin.

Some companies have very high revenues, but low net profit margins. The reason is that there are too many competitors, and they have to compete with lower profits, and they do not have the right to determine prices.

Many companies under Phoenix Technology are in absolute leadership in their fields, and even have a monopoly situation, and the pricing power is in their hands.

Coupled with advanced production tools, the increase in production efficiency has played an important role in reducing unit costs. Judging from these factors, it is not too surprising that we can achieve today's results.

Having artificial intelligence in hand means that a huge generation gap has been formed with other companies. In conventional competition, these companies can have an absolute advantage.

As long as competitors cannot come up with competitive artificial intelligence technology, they will not be able to compete head-on with his companies, and the longer the time drags on, the more obvious their disadvantages will be.

Then there is the distribution of benefits. Ye Zishu left them 2 trillion yuan, and took away the remaining 10 trillion yuan to Wancheng Foundation. This is a loan. After Wancheng Foundation has a net profit, it will be returned. of.

Wancheng Foundation still needs a huge amount of funds this year. Urbanization construction, super maglev network construction, highway construction, service industry investment, etc. all require money.

Among them, the first two businesses cost the most. It can even be said that no matter how much money is given to Wancheng Foundation, it can be spent. The thirst for funds is their basic state.

The 2 trillion yuan left for Phoenix Technology seems to be very small, but in fact, for them, they cannot use up so much funds. They are already a mature group company with a very strong self-hematopoietic function.

This means that they themselves are making money all the time, and the remaining funds will most likely enter the banks of Tidal Investment Corporation as reserve funds, or be used to purchase stable investment financial products such as national bonds.

Taking 10 trillion yuan from profits is to maximize the use of funds. It has been working well before, and neither party has any opinions, as long as the accounts are clear.