Chapter 1619 Huge Cash Flow Reserve

Li Chaoren has encountered many financial crises in his life, and suffered heavy losses at the beginning, and gradually suffered more losses, and he also gained experience.

What he advocates the most is to maintain a large amount of cash flow in a crisis. Once there is a problem in any aspect, we can actively rescue it. Otherwise, if a link collapses, it will easily cause a domino effect and cause the collapse of the entire company.

Aren't many companies like this?

It's not surprising that large companies with tens of billions of dollars collapsed just because of poor working capital.

Xiao Qi had never experienced a financial crisis before. Of course, he was not qualified to say that he encountered a financial crisis in his previous life.

However, this does not prevent him from actively preparing in advance to prepare for how to survive the financial winter that broke out in 2007 and lasted at least five years.

The 5 billion bets received from the five major investment banks and banks are only a small part of it.

But looking at the five major investment banks and bank signatories, when they signed the agreement with livid faces, and the expression of the vice president of Bear Stearns who was about to cry, Xiao Qi still felt deeply moved.

On the one hand, these people deserve it. If you don’t come to earn my money, then you won’t lose. Since you’ve entered the game, you should be willing to admit defeat.

On the other hand, Xiao Qi is always on guard against himself, never invest in fields he is not familiar with in the future, otherwise it is likely to be their end at this time.

It cannot be said that there is a direct reason for the downfall of Bear Stearns and Xiao Qi, but at the end of the half-year-long gamble on December 31, it still aroused everyone's impression of Bear Stearns' stupidity, so that it was withdrawn in advance The number of people increased dramatically, and within a few days they collapsed like this.

The cash flow in Xiao Qi's hands is actually quite a lot.

After a whole year of sales, Xiao Qi sold 10,000 dream pads. It has obtained sales revenue of about 80 billion US dollars.

Excluding some necessary payment, shareholder dividends, tax payment, tax avoidance measures, etc., plus the 5 billion US dollars lent to Qiao Gangzhu, the remaining amount in Xiao Qi's hand is 33 billion US dollars, which does not include Xiao Qi's various expenses. Nominally, the patent income obtained from the dream pad is 1 billion US dollars.

The app store is just like what Wall Street commented. Although it is about 8.5 billion US dollars a month, Xiao Qi's income is not much. Basically negligible.

The reason is that only 30% of the 8.5 billion US dollars belongs to the app store, the maintenance of the website and online store, and the cloud storage and cloud computing bases established in the United States. When laying the foundation at the beginning, it was a waste of money Like running water, 1.5-2 billion US dollars will be devoured every month, and large-scale investment will continue every month in the future.

But whether the money is from Xiao Qi, or Qiao Gangzhu and Li Jianxi. They all agree to invest, and are ready to add more funds by themselves at any time.

Because this is another form of technical barriers, once the app store has established cloud computing and cloud storage with the most detailed intelligent functions, the degree of intelligence will definitely be unmatched by Android stores.

The Android store can spend money to dig the developers of the app store, but they cannot dig out the technical reserves of cloud computing and cloud storage. If they want to achieve the same scale, or even beat the app store, they must invest more money and manpower. Even a proud person like Le, who claims to have "a lot of cash with nowhere to spend" in the future, will feel extremely distressed in the future.

Therefore. The US dollar in Xiao Qi's hands now is roughly 39 billion US dollars from the bet, which is about 288.6 billion yuan when converted into RMB.

This money, Xiao Qi, will not be exchanged in the country. In the future, the acquisition in the United States, as well as various emergency measures, are doomed to make it impossible for Xiao Qi to only have RMB in hand. At that time, it will be very troublesome to exchange money abroad, and it will take more time.

But the money that Xiao Qi can really use is not only these.

In addition to the acquisition of Facebook and Zappos, Tang Mingxiang still has a huge cash flow of 23 billion U.S. dollars, which Xiao Qi can also use at critical times. With a cash flow of 62 billion US dollars, I am afraid that only Apple in its heyday can match it?

Ashamed to say.

Xiao Qi has so much cash flow abroad, but he is a real big loan holder in China.

Before, he let the foreign media and experts demean himself, but in fact the figures are very real, for example, he owes 150 billion US dollars to domestic banks.

After this incident was revealed by the TV program, it greatly lowered people's expectations for Xiao Qi's wealth.

Xiao Qi’s current main income is only four parts, one part is the income from the sale of the dream pad, the other part is the income from domestic application stores after the buyout, the third part is the income from 3G and optical fiber network construction, and the last part is It is his income from selling shares in dream pad and app store.

But Xiao Qi has done too many things. Counting the stalls he has spread out, there are at least a dozen projects, and they are all huge investments, such as the investment in the Xiaoyao series, and the entire five-year complete construction Down, at least 1 trillion investment scale.

There is also the investment in the "Shangri-La Community" and the Rongcheng branch of Fairy Real Estate, which is more than 200 billion yuan, and the entire development time of these two places will exceed 5 years.

The investment in Fairy Bank in the future will not be affordable by ordinary people. A small-scale city commercial bank like Rongcheng Bank will have assets of about 300 billion. Deposits and loans are the main focus, but with a capital reserve of 600 billion yuan, it is better not to be a bank.

With so much money, it is not enough to bring back all the foreign cash flow.

Fortunately, there is still such a thing as bank loans in this world.

Xiao Qi now has 304 billion yuan in cash deposits in China Merchants Bank, but the 300 billion yuan was transferred out as a loan, and the second batch of loans on Xiaoyao Logistics is still 400 billion yuan, accounting for almost one-third of China Merchants Bank's total external loans one.

This is also Yu Minwei's boldness, otherwise not many people have the courage.

Xiao Qi also borrowed 410 billion yuan from China Construction Bank with 30% of the dream pad shares as collateral to redeem the dream pad shares held by other banks and use them for the normal operation of Fairy Company.

It is this loan of more than 1.11 billion that supports the development of Xiao Qi's Fairy Company in China.

For this reason, Xiao Qi has to pay more than 4.6 billion yuan in interest every month. That is to say, the 30% purchase price of 3 billion yuan paid by Li Xiaochao to Xiao Qi’s Friendship United Holdings Company is not enough for one month’s interest expenses.

There are also more than 27,000 houses in the first and second phases of the Rongcheng branch of Fairy Real Estate. They are sold so cheaply that they are not enough to cover one month's interest expenses. I don't know if the proud Director Huo will hear this inside story It took a blow to my confidence.

To put it bluntly, Xiao Qi's various monthly expenses are all paid by the money from the loan.

It is true that the teenager has a loan of 1.11 billion, but this money is not used up in a month. On the contrary, Xiao Qi pays a lot of expenses in installments, so his monthly expenditure is at most 20-30 billion. .

Some people will say, Xiao Qi is so stupid, how much money you have, you can borrow as much as you want, why do you need to borrow so much, and end up giving billions of interest every month for nothing?

People who say that don't do business at all.

The reason why Xiao Qi would rather bear huge loan interest than hold hundreds of billions of cash in his hands is to maintain a large amount of cash flow.

Now you think Fairy Company is very good and powerful, and the bank is willing to lend you a loan.

But if you wait until the economy is in crisis and the banks have to tighten their money, will it be so easy for you to get a loan?

At that time, even if you said that my Fairy Company is good, and many people are waiting to buy shares, you can give me a loan... Look how many banks dare to violate the order of the central bank and lend you tens of billions every month of the amount?

What is a financial crisis?

Isn't the word "finance" written in front of the crisis?

Isn't the banking industry the core part of the financial industry?

When it really came to the financial crisis, regardless of the country’s 4 trillion revitalization plan in the previous life, the money did not fall into the hands of ordinary companies at all, and almost all of it was invested in infrastructure and basic industries.

A company in the electronics industry like Fairy Company is not of much benefit to people's livelihood, and is even in the ranks of luxury goods. If Xiao Qi doesn't go to find Niu Ruzheng, he will definitely not have his share.

Even if there is, it cannot be too much. The total is only 4 trillion. You alone will occupy 700 billion or 800 billion. Why?

Therefore, it is good to be self-reliant in everything.

Xiao Qi got the loan a year and a half ahead of time, and he paid more than the monthly loan, but it was only 30-40 billion RMB in interest. For this small amount of money, Xiao Qi can sell a small company in the United States two years later. earn back.

But in Xiao Qi's hands, the development of real estate, the construction of logistics system, the R&D expenditure of Fairy Company, welfare benefits, etc., can all be completed with good quality and quantity. The stability and boost of morale are completely unmatched by these interests.

Think about it, if suddenly the bank doesn't give you a loan next month, the research and development can't continue, the salary and bonus can't be paid, and Xiaoyao Express is completely paralyzed... The reputation that Xiao Qi has worked so hard to build is destroyed in one go. What a terrible thing?

The cash flow from the loan is also a kind of cash flow.

Is not it! ? (to be continued..)