Winning the new financial era

Chapter 139 14 Financial Report Released
The next day.

Zhang Yida went to work refreshed, and when he arrived at the company, he called Zhao Wenbin first, and after asking for warmth, he said:

"Uncle Zhao, how is your cloud computing project going?"

"Well...we're talking. We've contacted many giant companies such as Huawei and BAT. After clarifying the advantages of policies and geographical environment, several companies are very interested."

Zhao Wenbin pondered for a while on the phone, and then explained the real situation to Zhang Yida.

"Oh, that's good. Ruixiang also plans to come to Qianzhou to deploy a cloud computing center. What do you think about this?
If I needed to avoid it, I would have made other plans earlier. "

Zhang Yida expressed his thoughts concisely.

"No need, we are not relatives yet, so we don't have so many scruples.

The municipal party committee welcomes Internet companies that come to invest in Qianzhou.

It is in terms of policy that only a bowl of water can be leveled. "

At this time, Zhao Wenbin is vigorously attracting investment in Qianzhou to develop the "Qianzhou on the Cloud" project. He will not refuse normal investment.

"No special support is needed, just treat everyone equally.

For Ruixiang Financial Cloud, there are not many service companies in the initial stage, and most of them are Internet financial companies.

There will not be too many servers to be deployed, and the investment may not be too large. It is estimated to be about 10 billion! "

Zhang Yida explained his situation candidly. After hearing this, Zhao Wenbin said:

"One billion US dollars is really not too much, let's make do with it!"

Zhang Yida was a little speechless, and he said after a long while:

"Uncle Zhao, that unit is wrong, it's RMB."

"Uh... Didn't you raise $20 billion? Xiao Zhang, let me tell you, cloud computing represents the future...

10 billion US dollars investment is definitely not a loss! "

Zhao Wenbin chattered on and on, and began to explain to Zhang Yida the various benefits of cloud computing after a large investment.

"The main development direction of our company this year is still mobile payment, and the financing is not 20 billion US dollars, only 15 billion, and the other 5 million is the traffic portal given by Penguin.

Uncle Zhao, don't worry, the operation will be effective in the future. After Ruixiang gets more financing, it will make additional investment. "

Zhang Yida underestimated the leaders' enthusiasm for attracting investment, and quickly made a promise to Zhao Wenbin.

"That's a good deal! Don't forget, there will be additional investment later."

Zhao Wenbin smiled, thinking to himself, you are also a big family boy, why don't you invest some money in the old man?The daughter is cheaper than you, the family still needs to help each other!

That being said, when Zhang Yida came to sign the contract after a while, Zhao Wenbin would not force him, just do what he can.

After teasing Zhang Yida, Zhao Wenbin's mood improved a lot.

Investment promotion is not so easy to carry out all at once. Other giants have made verbal promises and are still practicing Tai Chi for various policies.

Ruixiang is the first company that promises the actual investment amount. I believe that with this leading brother, other giants will be able to talk a lot.

After Zhang Yida hung up Zhao Wenbin's phone call, he was also thinking about strategic issues.

Rui Xiangwan started cloud computing technology for so many years, and it is wishful thinking to catch up with other giants, especially Aliyun.

But Zhang Yida is not discouraged, regardless of other fields, the big cake of Internet finance will have to eat a piece.

There was another sigh in my heart, people's desires are always endless.

It has only raised more than 90 billion yuan, and it feels that it is not enough to spend.

The US$4 million plan is given to the research and development of the four cutting-edge technologies, and cloud computing deployment will consume nearly half, 10 billion yuan.

The 2 million US dollars used to increase the capital of small loan companies has been consumed.

1 million US dollars to supplement the reserve account, the acquisition of 49% shares of Hanzhou Securities consumed more than half, 3.5 million yuan.

8 million US dollars was spent on mobile payment promotion, more than 8 million yuan was spent on red envelopes and five blessings during the Spring Festival Gala, and there are about 40 billion yuan left.

When there is a suitable opportunity, you have to raise some more money!

After Zhang Yida made up his mind, he stopped thinking about these troublesome things and began to look down at the financial reports of various companies.

The first is sharp.

In 14, the revenue was 65.2452 billion yuan, and the net profit was 7.447 million yuan.

The seven major financial supermarkets and the advertising business contributed most of the revenue and profits, with figures of 50.31 billion yuan and 32.2 billion yuan respectively.

Mobao Pay's revenue was 6.17 million yuan, and its net profit was -22.38 billion yuan.

Mung bean credit revenue was 1.12 million yuan, with a net profit of 0.896 million yuan.

Tiance Technology’s revenue was 4.56 million yuan and its net profit was 3.74 million yuan.

The revenue of the four cutting-edge technologies is all generated by Ruixiang Financial Cloud, with revenue of 0.35 million yuan and net profit of -8.55 million yuan.

Diandianchou's revenue is entirely dependent on advertising, with a figure of 352 million yuan and a net profit of -8890 million yuan.

Touronghui Wallet and IOUs have self-owned funds of 18 billion in lending, no capital cost, revenue of 2.7 million yuan, and net profit of 2.43 million yuan.

Companies such as Hanzhou Securities, Hantai Fund, Lefenqi, and Miaofenqi do not have full control or absolute voting rights and are not consolidated.

Zhang Yida was a little surprised. In the financial report, Ruixiang actually made a slight profit of more than 7 million yuan this year, which was mainly supported by the advertising diversion business.

But the ceiling is also obvious. The growth rate of the advertising business has slowed down. Next year, on this basis, a 20% growth rate may be good.

Large expenditures such as red envelopes for the Spring Festival and collection of five blessings are included in the financial report for 15, so the financial data for 14 is interesting, and the group as a whole has no losses.

In terms of working capital, Penguin’s venture capital has currently received 2 sums of 5 million US dollars, of which 23.89 billion yuan has been used, and the remaining 37.31 billion yuan.

After investing 3 million U.S. dollars in the Ruixiang Industrial Fund in the third quarter, there was a surplus of 1 million yuan in its own funds.

Adding the two together, Ruixiang still has a total of 38.93 billion yuan in liquidity, plus the third tranche of 3 million US dollars that Penguin needs to allocate in March. Zhang Yida roughly calculated that the total amount of funds that can be used in his hand is 5 billion yuan .

Putting Ruixiang's financial report aside, Zhang Yida began to read the financial report of Yimin Holdings again.

Yimin Holdings' revenue in 14 was 4.03 million yuan, with a net profit of 4570 million yuan.

Among them, Yimin Wealth had a revenue of 2.58 million yuan and a net profit of 7620 million yuan.

Yimindai has a revenue of 9700 million yuan and a net profit of 2250 million yuan.

Ruimin Wealth Management has a revenue of 4800 million yuan and a net profit of -5300 million yuan.

Yimin Wealth and Yimin Loan are fully profitable, and only Ruimin Wealth Management is lagging behind.

Zhang Yida thought, Ruimin Financial Management has started to access the traffic of Huimin Bicycles, and the marketing expenditure for customer acquisition in 15 should be greatly reduced, and it should not be difficult to make profits.

Huinongdai was spun off from Yimin Financial Services. Yimin Holding Group still holds a small amount of shares, and Zhang Yida is the largest shareholder.

After receiving a capital injection of 10 billion yuan, Huinongdai developed rapidly, but because the capital injection was too late, the 14 financial report did not reflect the effect of the capital injection at all.

"Revenue in 14 was 625 million yuan and net profit was 83 yuan."

Zhang Yida thinks it is normal. In 14, he basically only issued 5000 million yuan in loans to farmers in Valley County. The business scale is very small. No loss is a surprise, and he will not ask for more extravagantly.

Yimin Wangjin Group's 14th annual report, Zhang Yida carefully read it, after all, it will be listed this year.

In 14, a total of 120 billion loans were issued, with a term ranging from 3 to 12 months.

As for why it didn't match the 200 billion turnover on Yimin Wealth Management, Zhang Yida knew very well that it was due to a mismatch in terms of deadlines.

With the improvement of the reputation of Yimin Financial Management, there is no need to worry about not having investors.

In the second half of the year, Zhang Yida stopped this behavior and required all creditors' rights to be matched one by one.

However, because there is a credit transfer product, not every user will hold the credit to maturity, and the transfer may occur midway.

Therefore, the investment data of Yimin Wealth Management and the lending data of Yimin Puhui will never be unified.

The loan amount of 14 billion yuan in 120 created a total of: Yimin Wangjin Group:

18.54 billion revenue, 3.94 million net profit.

Zhang Yida was quite satisfied with this result.

Pay special attention to the cost items:
The capital cost is 8.4 million, the marketing cost is 2 million, the personnel salary is 1.8 million, and the provision for bad debts is 2.4 million.

There are too many bad debt losses. 2% of the loans cannot be recovered after collection, and the operating profits are used to advance investors and users.

Liquidity is sufficient. With a net profit of 3.94 million yuan plus the US$2.222 million obtained in the B round of financing, Yimin Wangjin still has 17.74 billion yuan in its account.

It would be too wasteful to leave so much money unused. Zhang Yida sent an email to Fan Hongyang and instructed:
"To acquire an online small loan company, the 17 billion in Yimin Wangjin's account will be injected into the online small loan company except for a few hundred million as reserve funds, and the loan will be made with its own funds."

Then Zhang Yida read the 14 financial report of Petnet.com.

The GMV in 14 was 5.06 million, and the monthly turnover in December exceeded 12 million.

Patenet is a self-operated e-commerce company, but its GMV is very watery.

GMV=sales value + canceled order amount + rejected order amount + returned order amount, that is, GMV is the sum of paid orders and unpaid orders.

The revenue in 14 was 2.75 million yuan, about 55% of GMV.

The net profit is not very good, -3580 million yuan.

Pete.com is in the stage of burning money to improve its reputation. Almost all the goods in the mall are sold at cost prices, and special prices are offered every day.

For the O2O business, users are given full discount coupons and free trial coupons every day... Burning money like running water.

There are still 2.3 million yuan in liquidity, and the 2.5 million yuan obtained by the A-round venture capital investment has only spent 2000 million yuan in the past two months.

Zhang Yida knows that Lu Fenghai is a person who has suffered a lot, and spends money very frugally, but this method of saving money is meaningless, and it is too slow for the improvement of platform data and reputation.

So I sent an email to Lu Fenghai, writing:

"Old Lu, you spend money too slowly, you must burn 15 million per month in 2000, and you must burn out the A-round venture capital by the end of the year.

Before December, it is enough to achieve a monthly turnover of 12 to [-] million yuan, and then start the B round of financing.

Don't be afraid of burning money, as long as the scale is expanding and the market share is increasing, local tyrants will pay for it. "

Then Zhang Yida started to read the financial report of Huimin Bicycle, and the picture was touching.

The revenue was 2000 million yuan, the cash loss was 6100 million yuan, the bicycle depreciation loss was 3600 million yuan, and the total loss was more than 7700 million yuan.

The 72 vehicles built are considered as assets and need to be amortized and depreciated over 24 months. The value depreciated rapidly in the first few months. After three months on the market, they are only worth 70%-80% of the ex-factory price.

The deposit financial management cooperation with Ruimin Financial Management started only in January 15, and the income was not included in 1, and the income in 14 was only cycling income.

The construction of more than 40 operation centers, the purchase of 800 light trucks for dispatching bicycles cost 1.5 million yuan, and the working capital is still 1.68 million yuan.

根据财务模型推断，15年度每个月收入将在4000万～5000万元之间，每月支出为1亿～1.1亿，每月现金亏损在5000万～7000万之间。

Seeing that Zhang Yida was terrified, he thought in his heart that if he didn't start a round of financing before March, he would probably go bankrupt technically.

The last is Dogford's financial report, Zhang Yida's early cash cow.

The revenue was 4596 million yuan and the net profit was 2260 million yuan.

Back and forth, Zhang Yida withdrew 4 million and 7 million cash from Dogford twice in April and July of the year.

Including the remaining 260 million yuan injected at the time of establishment, Dogford has a total of 1470 million yuan in working capital.

Zhang Yida feels that Dogford, the cash cow, gives him the most peace of mind. Since its inception, it has never lost money. It also provided a lot of financial assistance when it founded Patenet and Huimin Bicycle.

Although the growth potential is not great, the profit is stable!
　Grass, it took me 4 hours to calculate these financial data. I have to check the previous data. There are a lot of things, and I have obsessive-compulsive disorder...

　　
　
(End of this chapter)