Li Zetian and Yu Jingqiu finally calculated that the combined turnover of all companies reached 110.5 billion US dollars, and the net profit was as high as 15.4 billion US dollars.
Subsequently, Li Zetian ordered major companies to take out a portion of the dividends, of which 5.5 billion US dollars flowed into the umbrella company.
The Umbrella Company had $1.5 billion left, but now add $5.5 billion to $7 billion.
Such a huge cash reserve is really shocking!
The advantage of having a huge cash reserve is that you can better deal with risks and have enough cash for mergers and acquisitions, product upgrades, and new business expansion. At the same time, it also means that Apple has enough money to buy some companies and make up for the shortcomings in some fields, and even if it loses every year, the company can persist, and there will always be a chance to make a comeback!
In Li Zetian's view, $7 billion is actually not much.
Li Zetian came from 2016. Apple's cash reserves are as high as more than 246 billion US dollars, Microsoft's more than 110 billion US dollars, and Cisco's more than 60 billion US dollars...
If Apple loses $2 billion a year, it won't go bankrupt in 100 years! ! !
This is terrifying!
If you think about it this way, $7 billion is really nothing, and a cash reserve of $100 billion is considered qualified.
Cash reserves are not just money on the books, but cash in a broader sense, including bonds or cash equivalents that are highly liquid and can be quickly liquidated, short-term (or long-term) market bonds, long-term and short-term securities, including U.S. Treasury bonds, corporate Debt and money market funds (MMF), etc.
Of course, having a huge amount of money, but not spending it, means that he has not used the money well, but Li Zetian is open, and the speed of making money is faster than the speed of spending, so he is not worried, there is no good investment project. Li Zetian has been doing his best in the research and development of innovative products, otherwise, the net profit of 110.5 billion US dollars in revenue would not have been 15.4 billion US dollars. You must know that the companies under Li Zetian's name are all high-profit companies, and the profits of many products exceed 30%.
The US dollar in the 1980s was very valuable, so 7 billion US dollars was actually a huge amount of money, but Li Zetian's vision was too high. Today, so much money requires a bank or other financial institution to operate. If it is simply placed on the company's books, it is equivalent to depreciation.
Acquisitions or banks and financial institutions are what Li Zetian must do next.
…
William's Full Moon Wine was held on January 4th, and Xiao Zhixuan and the others also rushed back from Europe.
This time, the Full Moon Wine was very grand and lively, and many rich and powerful people came to give gifts. Many people don't actually know Li Zetian, but because the company under his name has business cooperation with them, in order to please Li Zetian, they naturally come to give gifts.
President Reagan is going to run for president of the United States again this year, and he desperately needs the support of Li Zetian. He also personally attended the Full Moon Wine on the same day. In fact, in addition to him, there are many high-ranking officials in the American political arena. These are the results of Li Zetian's efforts to win over and support over the years. Although it is not as powerful as those old consortiums, it should not be underestimated.
Which consortium Li Zetian prefers will greatly enhance its power and voice.
Although the villa is large, it was overcrowded on this day.
Many people even came here to expand their contacts, hoping to meet a few people who would be helpful to their future development.
The upper class in the United States often has various banquets, and many people take part in such banquets with pleasure, just to expand their personal connections at the banquet.
However, Li Zetian rarely attended such banquets, he did not need to take the initiative to make friends with the powerful, but these people took the initiative to find him.
Enterprises want to cooperate with him, and the country wants him to invest.
Li Zetian now goes to any country, he will be regarded as a guest!
Because there are too many big people coming to participate in the full moon wine, a simple full moon wine has become the news headlines of major media in the United States and even the world.
Many reporters are squatting outside the door to see which guests are coming. Whenever they find out the identity of the other party, they can't help but cry out in surprise.
"It's so awesome, Chronos Li is so proud, even President Reagan, the British royal family, the Rockefeller family, and the Bush family are here!!!"
"Chronos Li is as rich as the country, and his influence is so great!"
"Hey, did you know that invitations to this banquet sold for up to $4 million on the black market!" a reporter suddenly said.
"..." When everyone heard the words, they couldn't help smacking their tongues secretly. It's crazy that an invitation letter is so expensive.
The reporter whispered: "Don't look at the price, this thing has a price and no market! Many people want to buy it but can't buy it. Today you also saw that there are so many rich and powerful people all over the world attending the banquet, which in itself is a A status symbol, if you can make some friends here and negotiate a business, it will be more than $4 million?!"
"Oh, that's right! It's really a good deal for $4 million to enter the venue! Most of the people who come to the Full Moon Wine are billionaires. I'm afraid it's hard to find an opportunity for so many top rich people in the world to gather!"
"… "
At about 10 o'clock in the evening, all the guests left, Li Zetian breathed a sigh of relief and lay down on the sofa to rest. The warehouse is full of gifts, and you can play the same thing a day, without any duplicates, and you can play for several years.
On this day, Xiao Youran was the happiest person. She stayed in the warehouse like a money fanatic. Looking at the room full of gifts, her eyes lit up. Then she kept opening the gift box to see what was inside. If there is something she likes, she will bluntly announce that it belongs to her, and then play with it very happily. This little girl didn't know where the spirit came from, she didn't know she was tired at all, and she didn't want to sleep. In the end, Yu Jingqiu dragged her out of the warehouse.
"Mom, I don't want to sleep yet~~" Xiao Youran said coquettishly.
"You have to sleep, or all your toys will be confiscated!" Yu Jingqiu didn't eat this set.
Xiao Youran pouted her little mouth and looked unhappy, and followed Yu Jingqiu to the hall.
Li Zetian asked with a smile, "Who made our cute little leisurely unhappy?"
"Mom won't let me play, and said she'll confiscate my toys!"
Xiao Youran rushed into Li Zetian's arms at once, hugged him, and complained of "injustice".
Li Zetian said to Jingqiu: "Children love to play, just let her play for a while."
Yu Jingqiu deliberately put a straight face and said, "It's more than 10 o'clock now, so I'm not allowed to play, I have to go back to my room and sleep immediately!"
Li Zetian said to Xiao Youran: "Look, your mother doesn't allow you to play, and your father can't help it. So, you should hurry up and go to bed obediently. After you sleep, you will have the energy to play the next day, do you think? Ah, baby girl?"
"Yeah~~ Dad is right, then I'll go to bed early at night and get up early tomorrow. There are still many, many fun toys in the warehouse that I haven't played with!!!" Xiao Youran nodded and said, and then immediately took Li Zetian's arms out of his arms. He got up, jumped, and ran upstairs.
Li Zetian shook his head and smiled: "Uh, this girl is really fun..."
Yu Jingqiu smiled and said: "It's not what you are used to! You usually hurt her, holding her in your hand for fear of falling, and holding her in your mouth for fear of melting..."
"Okay, okay, I'll correct it, and I will strictly require Xiao Youran from now on!" Li Zetian said so, but he never thought about being a strict father.
At this time, Li Zetian stood up from the sofa, put his hands on Jingqiu's shoulders, pinched her a few times, and said gently, "Okay, you are tired today, go to bed and rest."
"Well, you should rest early, too." Yu Jingqiu kissed Li Zetian, turned around and went upstairs. She first quietly walked into Xiao Youran's room, and when she saw that she was in bed, she was relieved, and then returned to Sleep in your own room.