Chapter 1030: It Can’t Be Used Up. It Really Can’t Be Used Up.
According to the revenue and profit of Zhonghuajia estimated by some so-called insiders in 2007, Zhonghuajia's net profit may reach around 15%.
This means that Zhonghuajia's net profit in 2008 may reach 14 billion, which is 14 billion.
Suddenly Feng Jun thought of Zhonghuajia's equity structure and registered address, and a strange expression appeared on his face. He said to himself:
"It is estimated that the net profit will not be so much. The automobile business should not make money. After all, several factories were built last year.
Taxes are also a major expense for a Zhonghuajia. I don't know whether I should praise you or say you are stupid.
For the so-called patriotic personality, you didn't even do the most basic reasonable tax avoidance, ah!"
Yes, Feng Jun's Xikang Technology Co., Ltd. is registered in the Cayman Islands. The reason why he complained about Chen Changliu on this point is that if it is registered in the Cayman Islands, it can save too much tax.
You should know that if a company is registered in China, the corporate income tax can reach up to 25%, while the tax rate for high-tech enterprises can be reduced to 15%.
However, if a company is registered in the Cayman Islands, it does not need to pay corporate income tax, capital gains tax, personal income tax, inheritance tax, etc.
Although it is impossible to avoid it completely, there will be other taxes, but it is much lower than the corporate income tax that must be paid if the company is registered in China.
In Feng Jun's opinion, he did not violate the law by avoiding taxes within reasonable rules, so in his opinion, Chen Changliu just wanted to establish a persona.
But he thought it was stupid to pay so much money to establish this persona.
If Chen Changliu knew what Feng Jun was thinking, he didn't know what he would think, but now Chen Changliu is holding the company's senior management annual meeting.
Listening to the financial director Zhao Na reporting the annual financial situation, all the executives of the Flower Planting Family had a smile on their faces.
Because for the current Flower Planting Family executives, there is only one sentence, it can't be used up, it really can't be used up.
Yes, it means that the money in the company's account can't be used up, it really can't be used up.
In the past year, Flower Planting Family has continued to invest heavily in data centers, cloud computing, automobile factories, etc., and this year's investment in research and development funds has also increased a lot compared to last year, reaching 9 billion, 4 billion more than last year, almost doubling.
It is precisely because of this investment that the company's annual profit is really not as high as Feng Jun thought, 14 billion.
Feng Jun did guess the gross profit margin correctly, up to 30%, and even reached 33%. Such a gross profit margin can be said to be a little lower than last year.
But even so, Zhonghuajia's net profit for the whole year is basically the same as last year. With the surplus of the previous two years, the cash flow on the books has exceeded 15 billion.
It can be said that there are few private enterprises in China that can match the cash flow scale on the books of Zhonghuajia now.
As long as Zhonghuajia does not make major decision-making mistakes, Zhonghuajia will have no financial worries in the next few years.
However, all executives have never thought about the company's major decision-making mistakes, because Chen Changliu's decisions have always been right in the past five years, and he has never missed them.
And his judgment is always one step faster than others, and it is outrageously accurate, such as running to negotiate the price of mobile phone wafers with MediaTek and Qualcomm in advance.
That was when the mobile phone wafers of these two companies were not well-known at all, which is why the gross profit margin of mobile phones of Zhonghuajia Technology Co., Ltd. can exceed 30%.
This is also the main reason why the company now has more than 15 billion cash flow on its books.
After all the work was reported and the work for 2009 was arranged, all the executives stared at Chen Changliu with shining eyes.
Looking at the eyes of these capable men under his command, Chen Changliu certainly knew what they were thinking.
"Okay, don't look at me like that. I know what you want to know most. So let's take out 4 billion for dividends this year."
As soon as Chen Changliu finished speaking, all the executives smiled excitedly.
There is no way. Except for Pei Haidong, everyone can basically be considered financially free.
But with 4 billion for dividends, with the equity shares they currently hold, they are all distributed in units of 8 digits. Who wouldn't be excited about such an amount?
The most excited person is Pei Haidong. He did not get dividend shares last year because he did not join the company for enough time and could only watch his colleagues get 7-digit and 8-digit dividends.
This year, he finally got his share of the dividend. With this calculation, he would be financially free just by taking this year's dividend.
"Boss, you are awesome!"
"Boss, I love you!"
.........
Listening to the mess, Chen Changliu pressed his hands speechlessly, and all the executives immediately quieted down.
"I just heard Pei Haidong say he loves me. Is that right? I don't have this hobby.
I remind you to stay away from this guy, or he will target you one day."
I thought Chen Changliu had something to say, but who knew he would say such a thing, and laughter broke out in the conference room again.
Not long after the meeting ended, the Flower Growers notified the company internally that it would take out 4 billion yuan for dividends this year, and all the employees of the company went crazy.
You know, only 2 billion yuan was taken out for dividends last year, and this year it doubled. The boss's courage is too crazy.
This kind of thing cannot be concealed. After all, many employees of the Flower Growing Company can't help but show it off, and it soon topped the hot search rankings of major self-media platforms.
This time, Ke Meng definitely didn't take the initiative to promote it, but it was really crazy to take 4 billion in dividends, so you can imagine the discussion online.
"Damn, I'm so envious of Jill that her face is purple. In the economic crisis, our boss said there will be no year-end bonus this year.
But the Zhonghua Family not only has a generous year-end bonus, but also takes out 4 billion in dividends. Is this fair?"
"Envy, jealousy and hatred can no longer express my inner feelings. Now I hate myself for not studying hard."
"Hehe, I suddenly thought of a question. Zhonghua Family does not recruit students from Tsinghua and Peking University. I don't know what these students from Tsinghua and Peking University think?"
"What do you mean by what you think? They are going abroad. In their eyes, that is where they are worth their struggle."
"Tsk, there are also some who stay in China. Although they don't have to worry about not having a job, they see that their classmates who didn't do as well as them in the exam have entered Zhonghua Family and their annual income is more than double that of themselves. I don't know if they will regret going to Tsinghua and Peking University."
"I don't know about others, but my goal for the college entrance examination is no longer Tsinghua and Peking University, but the schools that Zhonghua Family recruits the most."
The Internet was originally full of people envious of Zhonghua Family's employees, but I don't know when it started to go astray and mock Tsinghua and Peking University.
Although it really doesn't do any useful harm to Peking University and Tsinghua University, the irony is too strong.
PS: The typos will be updated first and corrected later.