Chapter 582 Terrifying Profits

The next day, Qin Hailang slept until noon before going to the company.

It was really interesting to talk about life ideals with Xi Mengmeng last night. I wonder what her boyfriend would think!

When he entered the company, Qin Hailang saw that all the employees were in high spirits. Well, the company's employees are in a very good spirit.

As soon as Qin Hailang entered his office, he heard Liu Sisi and other secretaries shouting loudly: "Boss Qin, good news, good news!"

"Oh, what good news? Are you pregnant?" Qin Hailang laughed. This sentence immediately caused the other female secretaries to cover their mouths and laugh. At the same time, their pretty faces were slightly red.

"Hateful!" Liu Sisi rolled her eyes at Qin Hailang.

"Tell me, what's the matter?" Qin Hailang asked.

"Boss Qin, the world's top 500 companies came out this morning! Our Xingchen Foundation is still the world's number one!" Liu Sisi said excitedly.

"Oh? Let me see!" Qin Hailang became interested. I don't know what kind of changes have taken place in his company after another year has passed.

Soon Qin Hailang turned on the computer and started to check the list.

The list above shows everything.

1: Company name: Star Foundation. Operating income: 3 trillion US dollars. Profit: 800 billion US dollars.

2: Company name: Walmart. Operating income: 500 billion US dollars. Profit: 14 billion US dollars.

3: ...

"Haha, it turns out that this year's turnover has reached 3 trillion US dollars, not bad. The net profit is also 8100 US dollars, which is barely qualified." Qin Hailang was very satisfied after looking at the data.

If his words were heard by other bosses, they would probably be so angry that they would beat him to death. Your sister barely passed. It's so awesome. Not to mention that the turnover of 3 trillion US dollars has shocked the world. There is no one before and there will be no one after! The most important thing is the awesome profit margin. With a turnover of 3 trillion US dollars, the net profit can reach 800 billion US dollars, which is so terrifying.

Look at the second place Wal-Mart, whose annual turnover is 500 billion US dollars, which is not bad. But look at the profit, it is only a pitiful 14 billion US dollars. It is pitiful!

It has to be said that the profit margin of the Star Foundation is too high. This profit margin is estimated to have caused a storm in the outside media.

Besides, although Wal-Mart's retail profit is relatively low, look at other companies!

For example, the eighth place: Royal Dutch Shell. Its annual turnover is 240 billion US dollars, but its profit is only 4.5 billion US dollars! It is worse than Wal-Mart!

So by comparing it this way, you will find that the profit of the Star Foundation is simply exploding!

The reason why the profit is so high! There are two reasons.

The first is that the production lines of many companies under Qin Hailang are exchanged by Qin Hailang from the system for free. So all the production lines do not need money to buy.

Just take a machine with 22 nanometer technology of integrated circuits as an example. A machine with a certain frequency band costs tens of millions. The entire production line requires more than one billion, or even several billion. These are all advance investments of an integrated circuit manufacturer.

But when it comes to Qin Hailang, most of these so-called production lines are exchanged from the system, or drawn by lottery. So no money is needed at all.

You just need to build a factory for the production line. To be honest, how much does it cost to build an empty shell factory? Compared with the production line, it is simply a drop in the bucket.

Second, Qin Hailang's production line is basically artificial intelligence, and no workers are needed at all. All automated production.

So a lot of manufacturing costs are saved here.

In this way, Qin Hailang's corporate profits are so high!

That is why the turnover of 3 trillion US dollars can earn a terrifying profit of up to 800 billion US dollars.

A profit margin of up to 26%!

Of course, this is the total turnover of the Star Foundation and the Star Group to reach 3 trillion!

Because the Star Group is a subsidiary of the Star Foundation. So the turnover of the Star Group is of course counted into the Star Foundation.

"Hehe, the second place's turnover is only 500 billion, and I have reached 3 trillion, which is much ahead of the second place. In addition, my profit is very high!" Qin Hailang was quite satisfied.

"Well, my industry is quite rich. But I don't have a capital chain at present. It seems that I have to open a bank!" Qin Hailang thought to himself.

He plans to open a bank in Canada.

Well, it's called Xingchen Bank!

With his current influence and status, plus his energy. No one should dare to point fingers at him when opening a bank. Humph, if anyone dares to point fingers at him, he doesn't mind sending the other person to see God.

"Well, that's it!" Qin Hailang plans to discuss with relevant people and senior executives in the next few days. It will really start to be implemented next month.

Strive to open it successfully next year.

After the Fortune 500 list was freshly released this time, it certainly received a lot of attention from people all over the world.

First of all, there are many entrepreneurs, bosses, and people from all walks of life.

In addition to the above, there are countless netizens around the world.

"Hiss... The Star Foundation has an annual turnover of 3 trillion US dollars? My God, that's amazing."

"It's really too powerful. But many of its industries are indeed gold-eating monsters. For example, cars, virtual games, energy, medicines, mobile phones, computers, software systems, integrated circuits, airplanes, shipbuilding, minerals, film companies..." A netizen counted on his fingers.

"My God... 800 billion US dollars in profit! Isn't this profit too scary?"

"Yes, the profit here is also against the sky. Look at it, 3 trillion US dollars in turnover, and the profit is as high as 800 billion US dollars. The profit margin is as high as 26%! Look at other companies. The profit margin is only less than 10%! Most of them are a few percent."

"The Star Foundation is really terrifying."

Not only these netizens, but also many entrepreneurs are thinking deeply.

In the end, they came to a conclusion that their technological level is very high and the cost is very low, which creates high profits. But even so, the profit will not be as high as 26%!

In fact, they don't know that most of Qin Hailang's industries do not need R\u0026D funds. They are all transformed.

For example, if you produce a car, you need preliminary design, right? Preliminary investment in research, right? Is the quality of the test OK?

Qin Hailang doesn’t need it at all!

This saves a lot of money.