My Ranch

Chapter 1071: Family dinner

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How important Jiang Hai's existence is, it's better to use money to explain it directly.

The year before last, Wal-Mart had just cooperated with Jiang Hai, but it had not officially launched it. That year, their turnover was 482.13 billion U.S. dollars. Of course, it was more than 480 billion U.S. dollars, but the profit was very small, about 16 billion U.S. dollars. At the end of the day, those shareholders are dividing this money. This is also a point attacked by many people who think they understand economics. There are many such voices in the country. If they make little money, companies will definitely do everything possible to make profits. To reduce costs, many of Wal-Mart's suppliers are domestic companies. Wal-Mart is a large buyer and has bargaining power. It will inevitably greatly reduce the prices of Chinese suppliers. The profits of Chinese companies will be low. If the enterprise is half-dead, workers will not receive salary increases, and there will be no money for development...

All in all, the existence of Wal-Mart is a kind of suppression of Chinese companies.

Jiang Hai had nothing to say except hehe. These people were just farting.

The reason why the retail industry is called retail industry is because it makes less money. If the prices in supermarkets are not cheaper than outside and the quality is better than outside, then why don't people go to the wet market and go to the supermarket to buy things? It's not scientific.

Supermarkets are all about volume, so they naturally make less money. A spoon sells for 5 yuan outside and 20 yuan in the supermarket. Do you buy it? Indeed, this gives the company more money. In the past, it might cost 2 yuan, but now it costs 10 yuan. But the problem is, this thing is only worth 2 yuan of raw materials, and the selling price is 5 yuan. It is as simple as that.

If you have to raise its price, then the price of iron for making spoons will inevitably rise. When the iron price rises, the prices of all ironware and alloys will rise. It is true that people's income has increased, but the expenses will be greater. It's called inflation. How much something should cost is how much it is. This is what the country regulates every year.

Like the island countries and South Korea, if you go out with 10,000 yuan and can't even afford a meal, what's the point

Although Wal-Mart's profits are not high, one thing it does best is its high recycling rate.

I have never heard of anyone having to write a IOU when buying something in a supermarket, or being asked to settle the bill monthly, yearly or quarterly.

When it sells a bottle of drink, it will recoup the price of the bottle of drink. Therefore, although it does not make much money from this bottle of drink, it actually makes money in its own pocket. The profit of 16 billion is It goes into the shareholders' wallets.

With the money held by shareholders, you can do whatever you want, whether you spend it or invest it. This money will exist every year, and you don’t have to worry about not receiving the money, nor do you have to worry about the stock price falling. , will be less. Unlike the shares of those high-tech companies, although they are worth so much money, they have nothing to do with you in the company because they cannot be easily moved.

This is also why shares of Wal-Mart Group are so valuable.

But even if the money is being earned steadily, who would have too much money

Before Jiang Hai joined, their annual turnover was more than 480 billion U.S. dollars, annual profits were 16 billion U.S. dollars, and 160 million U.S. dollars in cash per share. Of course, this was also subject to tax.

In the two years since Jiang Hai joined, Wal-Mart's turnover last year reached 520 billion US dollars, of which nearly 26 billion was 40 billion, which was supported by Jiang Hai's beef and seafood sales, and another 100 billion. Yi, those people bought other things after buying Jiang Hai's things. After all, you can't just buy some meat and fish in a supermarket.

Of the 26 billion, 15 billion is Jiang Hai’s beef and seafood money, 2 billion US dollars is Tenglong’s logistics money, and the remaining 9 billion US dollars is their profit. In addition to store rent, employees’ In addition to money, they can earn at least 7 billion U.S. dollars a year just from Jiang Hai's beef and seafood, not counting the extra 10 billion dollars earned.

Adding this amount of money, Wal-Mart's annual profit is nearly US$30 billion, and one percent is US$300 million per share.

The entire Wal-Mart family holds a total of 48% of Wal-Mart shares. Jiang Hai brings the family an income of 14.4 billion U.S. dollars a year. Of course, after paying taxes, there is only about 8 billion left, but that is 80 billion. Hundreds of millions!

Jiang Hai only made more than 8 billion yuan a year after paying taxes. Their family could also make 8 billion yuan just by relying on Jiang Hai.

How could they treat Jiang Hai badly? How could they possibly neglect Jiang Hai? In their eyes, Jiang Hai is now the God of Wealth, and with Jiang Hai's blessing, Pula Walton manages the Sam's Club store, and also draws money from within the family. Obtaining 5% of the shares means that her annual income is 1.5 billion US dollars. She knows that this is all given by Jiang Hai.

Not only does she have money, but she also has the right to speak. This is naturally the best thing for an ambitious woman like Pula Walton. In addition to Jiang Hai, she also likes women, so it is impossible for her to be with her. Jiang Hai is married, and Jiang Hai has no burden on her, while people from other families are lamenting, why don't they have a beautiful daughter

If he goes to fight with Jiang Hai, maybe the Walton family will listen to him now.

"Jiang, welcome, welcome! When did you arrive?" Seeing Jiang Hai and Pula Walton walk in, Robertson Walton over there greeted them with a smile. Compared to the last time they met, This time he was much more enthusiastic.

Looking at the old man in front of him, Jiang Hai also smiled and shook hands with him. After all, his relationship with Pula Walton was there, and it was not easy to say anything. He could be regarded as his elder.

Seeing that Jiang Hai's attitude was correct, Robertson Walton here also laughed happily.

I have to admit, this Robertson Walton is really cool. He has silver-white hair that is meticulously combed. Even in the room, he is wearing brown sunglasses and his suit is neatly dressed. Slippery, giving people a very fashionable and serious feeling at first glance, but when facing Jiang Hai, he was still very happy. This man who can create wealth for him and his family is naturally a good choice. Wherever you go, you are the center of attention.

"I just came here a while ago." After hearing Robertson Walton's words, Jiang Hai said politely.

"Tonight is a family dinner, and the people here are all members of our family and our closest friends, so there is no need to let go." After hearing Jiang Hai's words, Robertson Walton also patted him on the shoulder and smiled. Said hehe.

Hearing his words, Jiang Hai also laughed. After a few more greetings, the head of the family, Robertson Walton, went to greet others. However, before leaving, he specifically told Pula Walton that he must To accompany Jiang Hai well, he didn't need to ask, Pula Walton would also accompany Jiang Hai well. After he left, Pula Walton took Jiang Hai to the cold table next to him.

She knew that Jiang Hai didn't like making friends in business. Instead of messing around with those people, he preferred to eat something.

After arriving here, Jiang Hai was not polite and started eating directly. Just kidding, he had consumed a lot of energy just now. It is conceivable that he would consume more at night, so he had to eat something quickly to replenish his energy. Just come back.

But for the protagonist, no matter where he goes, there will always be some people who don't like him, just like now.

"Hey, a country bumpkin is a country bumpkin. To eat like this on such an occasion, haven't you ever eaten good food?" Listening to the voice coming from his ears, Jiang Hai frowned and raised his head to look at the source of the sound. In his gaze, a man who looked to be in his twenties was standing in the distance, looking at Jiang Hai with a teasing look on his face along with several men about his age.

"Shut up, Brett, believe it or not, I'll tear your stinky mouth off." After hearing this man's words, Pula Walton looked at him with disdain, and then said very calmly.

"What did you say? You wild girl." After hearing Pula Walton's words, the guy named Bright also said.

"Say I'll tear your stinky mouth off, trash, Brett." Hearing his cry, Pula Walton smiled disdainfully, and then said with a serious face, after hearing her say this , the man named Bright couldn't help but take a step forward, and Jiang Hai walked up to Pula Walton naturally. If this guy dared to do something, then he wouldn't mind teaching him how to behave.

"Bright, what are you doing!" At this moment, a man in a suit walked over from a distance. This man looked to be in his thirties and looked similar to this guy named Brett, but Obviously much calmer.

"Brother, they..." Seeing this man coming over, the man named Bright couldn't help but tremble, and then he wanted to say something in a low voice, but before he could speak, he was interrupted by this man.

"Mr. Jiang is a distinguished guest of our family. You are not someone you can offend. Now, immediately, give Mr. Jiang a gift and get out of here." Looking at Bright in front of him, the man said calmly.

"Yes, I'm sorry..." After hearing this man's words, the guy named Bright reluctantly said "Sorry" to Jiang Hai, and then went to play far away with his group of friends. He can't afford to offend the people here, and he can hide from them.

"Hello, my name is Cooper, Cooper Walton. Nice to meet you, Mr. Jiang." After these people left, a smile appeared on the man's face, and then he stretched out his hand in a friendly manner. Jiang Hai also shook hands with him lightly. Since he was called Walton, he should be from the Pula-Walton family. Speaking of which, the same was true for the Bright just now.