One Thousand Three Hundred and Eighty-One

For a company like Yida, the annual profit can easily start at hundreds of billions.

The scale of this profit is indeed very scary. Looking at his size and market value of trillions, it looks even more scary.

But these are not the most important, the most important thing is that you have to look at his net profit.

Whenever you see the net profit attributable to shareholders on the corporate statement, everyone will feel how is this possible?

How can a large enterprise with assets worth trillions and annual profits of hundreds of billions only have such a small net profit?

For example, in 2018, the company's net profit did not exceed one billion yuan!

Doesn't this look pretty creepy?

In fact, after careful analysis, this is also normal, because the company has a large plate and a large scale, and its operating costs are naturally scary.

In addition, they still have countless loans from the bank, which leads to their frighteningly high cost of funds.

As long as you look at the report, you can find that their annual personnel expenses and the interest returned to the bank are all astronomical figures.

So in the end, their net profit will naturally be pitifully small.

Of course, if there are tricks or not, those without accounting skills will naturally not be able to tell the difference, and even if you have professional financial knowledge, you may not be able to tell the difference.

After all, the finance department of such a large group is full of talents, so naturally it is not vegetarian.

But having said so much, I just want to explain one thing, that is, he is a large enterprise with an asset scale of trillions, but his annual net profit is actually not high.

On the other hand, those companies that operate elevators, although the annual imports are only more than two billion US dollars, in fact, the net profit here can reach as high as 90%.

To put it bluntly, for those foreign companies that have mastered the core technology, the manufacturing cost of these elevators is actually not much.

But as long as it is imported to China, the price can be increased ten times immediately.

At this time, Guan Zhenhai who was facing him was still talking freely, and at this moment Xiao Feng also recovered from his distraction just now.

Earlier, it was also Guan Zhenhai's introduction to the elevator industry, which immediately reminded him of the time when he and Mr. Wan had dinner together, chatted and spanked.

Mr. Wan told him about some classic investments that his family had missed over the years.

In fact, it was Mr. Wan who poured bitter water on him and sold him miserably.

At that time, Wan Gongzi's family was indeed in a bit of a difficult situation. It had been struggling in the traditional real estate industry, and the competition it faced was becoming more and more fierce.

And their family has been looking for a new breakthrough direction, but after several trials, they feel that there is no good direction.

And Mr. Wan and Xiao Feng have been in contact a lot, and he also knows that this guy is a very thoughtful and creative person.

So I always hoped that Xiao Feng could give him a hand.

So during that time, he played emotional cards with Xiao Feng a lot.

So during that time, in order to get closer to each other, he, Mr. Wan, often hung out with Xiao Feng.

He often invites him to dinner every now and then, and often tells him some gossip about the wealthy circle at the table, or introduces how their family got here step by step.

Now how difficult it is...

Anyway, it's not only to bring the relationship closer, but also to sell miserably at any time. Fortunately, Xiao Feng stretched out his hand to give him a hand.

So now Mr. Wan, he has stood up again.

The Penglai Pavilion APP he is currently running is the most popular software in China, although it has not yet been formally listed.

But it is already the target that all capitals at home and abroad are chasing crazily.

Now that it has only gone through the A round of financing, the valuation of this software has already exceeded 100 billion.

If there are so many rounds of melting, it is estimated that it is possible to break trillions.

Obviously, everyone knows how powerful the Huaguo pharmaceutical market is.

As long as Mr. Wan works hard, it is possible for his No. 1 app in the pharmaceutical sector to surpass the No. 1 financial giant that is about to go public recently.

2.1 trillion may seem scary, but it is a financial group after all.

For software like Penglaige, which directly connects doctors and patients' APPs, and cancels the hospital's prescription link, it is nothing at all.

Now the number of users of Penglai Pavilion has exceeded 300 million, going straight to 400 million...

"...and around the 1980s, the elevator industry went through another iteration."

"The permanent magnet synchronous elevator that entered the market this time is also due to the advancement of material science. People found that placing a permanent magnet motor on the top of the elevator shaft as the drive system of the elevator is far better than the ancient mechanical counterweight. Elevators are much more convenient.”

"So within a few years, this permanent magnet synchronous elevator became popular."

"Now our high-rise buildings use almost all permanent magnet synchronous elevators."

"This kind of elevator has several advantages. One is that it is fast, the second is that the sound is quiet, and the third is that the energy consumption is very low, and it occupies a very small area."

"Because there is no need for a counterweight box like traditional mechanical elevators, its footprint is much smaller than traditional mechanical elevators."

"And because of the characteristics of the permanent magnet motor, it occupies a very small area and has high power. Unlike traditional elevators, which require turbines and worms, they occupy a large area and are bulky."

"So this kind of permanent magnet synchronous elevator, once launched, has been widely welcomed by businesses from all walks of life. And it has quickly become popular..."

"Currently, there are eight mainstream world-renowned elevator manufacturers on the market."

"These eight are also mainly divided into Japanese and European and American departments."

"Among them, the Japanese ones include Mitsubishi, Toshiba, Hitachi, Fujitec, and the European and American ones, such as Otis, Thyssen, Schindler and Kone."

"And these elevator companies occupy more than 80% of the elevator market share in the world."

"I am Cao!"

"hiss……"

He Xiaojun and He Fangzhou who were sitting there couldn't help but gasped when they heard this data.

Nima, this monopoly share is too scary, right? Eight factories have divided up almost the whole world's elevator market!

Think about it, the products of their Ninth Laboratory, no matter how effective his health care products are, even if their cosmetics are effective.

But I dare not say that it occupies 80% of the world's market share!

In fact, they haven't even managed to capture 8% of the world's market share!

But look at these few companies, together they have occupied 80% of the world's market share. Damn...

No wonder Guan Zhenhai said before that the gap between us and foreign countries in elevator technology is almost 100%.

Now it seems that there is really so much difference!

On the contrary, Xiao Feng was not too surprised because he suddenly remembered the conversation between him and Mr. Wan about the elevator industry.

Thinking about it, Mr. Wan's father back then was so rich and powerful, but after understanding the depth of the elevator industry, he retreated.

This shows how big the technological gap between us and other countries is.

"What about our domestic market?"

As a manager with very strong patriotism, He Xiaojun couldn't help asking.

Unexpectedly, Guan Zhenhai shook his head with a wry smile.

"Our domestic elevator market is basically monopolized by these eight companies, and they occupy more than 80% of our domestic market."

"Some of the high-end buildings, such as the landmark buildings in every city, are hundreds of meters high. Almost all the elevators used are imported."

"In addition, the high-end residences in every city, those high-end large flats, also import their elevators. Even our twin towers use Mitsubishi elevators."

"As for the elevators used in other ordinary residences, they are basically products of joint ventures between them in China and domestic enterprises."

"For example, Otis in Yangcheng, Mitsubishi in Shanghai, or Thyssen in Jinling, etc."

"It's said to be a joint venture product, but it's actually assembled in China. The key components are all produced abroad, and they won't be brought in at all."

He Xiaojun felt very frustrated when he heard what Guan Zhenhai said. With such a big market in our country, there is not even a domestic elevator company up to now?

"Well, Mr. He, I know what you're thinking..."

One of Guan Zhenhai's fine fellows, seeing He Xiaojun's expression, knew what He Xiaojun was upset about, so he quickly explained to him.

"We also have some elevator factories in China. For example, there are also some local elevator companies in Jiangsu, Zhejiang, Dongshan and other places, such as Giant and so on."

"But to be honest, the technical strength of these companies is very average. They can only produce some ordinary escalators, which is not bad, but they often have accidents."

"As for some box elevators they produce, it's really hard to describe!"

"In the early years, some small and medium-sized real estate developers used their products in order to save costs."

"But later I found out that their elevators often have problems of one kind or another. If you call them, their attitude is good."

"I will also send someone to repair it for you, but it just doesn't work well..."

"Moreover, these are some key components of their elevators, all of which are purchased from abroad..."

"Grass……"

After hearing what Guan Zhenhai said, He Xiaojun couldn't help but swear.

Their Ninth Laboratory is now a top high-tech enterprise in China, so even if he meets foreigners, he still holds his head high.

And those foreigners, when they saw him, they would nod and bow.

So he is used to going smoothly. He originally thought that as a big manufacturing country, we should have all kinds of domestic technologies.

Even if it can't match the top international standard, it should be enough for sure.

But he did not expect that there is such a big gap between us and foreign countries in the field of elevators.

The domestically produced ones are loose and loose when they come up, let alone second-rate. Hearing what Guan Zhenhai said, compared with other products, ours is not at all popular!

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