Reborn Capital Empire

Chapter 376 2002 Hanhua Year-end Report (Part 2)

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"Boss, the EPS (earnings per share) of Tianhong Group has increased by 19.4% in the past two years. The return on equity has exceeded 18%. The capital surplus and profit margin are both performing well. But the market reaction did not show much increase, I thought it was a cigarette **** stock. So, decided to put more weight on it. But...!"

"But I didn't expect that in 2002, the water pump business of Tianhong Group declined sharply, and its market share in Southeast Asia dropped by 35%, so that its stock price fell sharply when it was listed in Singapore, right?"

"Yes!"

"You are also a master of financial engineering from the University of Hong Kong. You should understand that indicators such as EPS, ROE (return on equity), and shareholder earnings are relative to whether stocks are worth investing in. Companies like Tianhong Group need to invest in equipment every year. A lot of capital is spent on depreciation, wear and tear and amortization, new equipment and plant improvements are bought, and technology investments are made to keep it competitive in the market."

"But in the past two years, Tianhong Group has equaled its capital expenditures to depreciation, and has not carried out equipment renewal and replacement at all. The result of this is the EPS, ROE, shareholder earnings, profitability, cash flow and other indicators you see. There has been growth. The company's book is very beautiful. But in fact, Tianhong Group's market competitiveness has declined. Why didn't you find this? Or, your investment system is only based on a company's financial statements, never Without considering its operational and strategic planning?"

"Sorry, boss. I'm just so eager to deliver results that I overlooked possible risks! But don't worry, there won't be another time."

"Remember what you said. Investing needs to be cautious, and any small mistake can cause us unnecessary heavy losses."

"Yes!"

"Since it's your first time, I can forgive you this time. But you can't go unpunished for your mistakes. This time Hanhua won't have your share of the bonus."

"Thank you boss!"

While Li Man was distressed, he was also relieved. Although it was embarrassing to be criticized in public, it was fortunate that he kept his job.

"No. 7 Fund Manager Zhao Chunyang!"

"boss!"

A middle-aged woman of about thirty-six or seven years old stood up in a lady's suit, with short ear-length hair and a capable temperament.

"The No. 7 Fund you manage has performed well. It has the highest growth rate among the 11 funds under the Hanhua Fund. Therefore, I personally approve that on the basis of the original bonus of the Hanhua Fund, an additional bonus of 200,000 will be given to you, and 300,000 will be awarded to you. your team."

"Thank you boss!"

Guo Shouyun nodded, "If you can keep your fund at the same level for three years, you and your team will be able to get the head office's option reward."

"real?"

Zhao Chunyang said in surprise.

As an insider, Hanhua's strength and rapid development are naturally clearest. If you can get the option, it is definitely an unimaginable sky-high reward.

"certainly!"

"Boss, I must work hard!"

Looking at her determined eyes, Guo Shouyun smiled and nodded, then waved her to sit down. Then, his majestic eyes quickly swept across the expectant crowd.

"If you have merit, you will be rewarded, and if you have failed, you will be punished! It has always been the philosophy that I have adhered to since I started my business, and it will be strictly implemented in the future. So, if you want to be successful in Hanhua, then work hard, I will not Treat anyone who creates performance for the company. Bonuses, even options, I will not be stingy.”

"Whoa...!"

Loud applause broke out in the conference room. Most of the people here are young people, or middle-aged people who have just passed their thirties. Visible and tangible promises are the easiest to inspire their ambitions. Moreover, the fast-growing Hanhua, the legendary boss, can also give them strong confidence in the future of the company.

"Next, Hanhua Securities!"

After pressing down with both hands to make the conference room quiet again, Guo Shouyun continued.

Following his words, a middle-aged man with golden glasses and a dark blue suit nodded slightly and picked up the documents on his desk.

"Chairman, Mr. Zhang and colleagues. Since the establishment of Hanhua Securities in mid-2001, after one and a half years of development, it has now owned Hong Kong, Magic Capital, Pengcheng, Singapore, Tokyo, Kuala Lumpur, Jakarta, Yangcheng, Beijing. Eleven branches including , Bangkok, Taipei and Rongcheng, with 674,000 registered customers and 21.7 billion Chinese yuan in assets under management. Since its establishment, it has participated in the listing and underwriting of 37 companies and the securities sales of 51 companies. As well as Thailand, Indonesia , Myanmar three countries, the underwriting of government bonds worth 4.8 billion Chinese dollars. In 2002, the total revenue was 2.74 billion Chinese dollars, and the net profit was 197 million Chinese dollars.”

"In the next three years, we, Hanhua Securities, are confident to increase the number of customers of Hanhua by 1.5 times and the scale of assets under management by 1.5 times. The total revenue and total profit will increase by 2 times! And initially build a large city that can cover East and Southeast Asia. The securities trading network." Chen Dong, the CEO of Hanhua Securities, said from the channel.

Guo Shouyun nodded, "You really contributed to Hanhua Securities' current scale. However, in the past year or so, the head office has invested 1.8 billion Huaxia coins in Hanhua Securities and acquired 7 companies of the same size and size. .Do you still need continued support from the head office for your three-year plan?"

"this…!"

Looking at the deep eyes of the big boss, Chen Dong wanted to say what he needed. But the inexplicable pressure made him unable to open his mouth. After gritting his teeth, Chen Dong said solemnly, "No need!"

Guo Shouyun smiled lightly, "That's right. If three years later, you really achieve your goal. I will give you 50,000 stock options in Hanhua Group."

Chen Dong's eyes lit up quickly, the reward was too tempting. As a high-level executive, he knew that although Hanhua Group has not yet been listed, when giving high-level option awards, it is calculated based on the total share capital of 100 million, and 50,000 shares are equivalent to 0.5/1000th. According to the total assessment of 3 billion US dollars given by the outside world to Hanhua Group, one thousandth is 1.5 million US dollars. And that's the minimum assessment right now. Three years from now, the options on those 50,000 shares are definitely worth more than they are now.

"The same is true for the presidents of your other companies. As long as they can achieve double growth in three years without relying on the support of the head office, and the 50,000 original stock option reward, I also have your share." Guo Shouyun looked at the rejoicing people. He continued, "Don't be too happy, the growth I want is healthy growth. If I find that any of your companies dares to be quick for quick success, or engage in some crooked ways. If the reward is small, the reward will be cancelled; if it is big, it violates the law, I will It won't cover up!"

After a pause, it was left to them to digest, "Jin Rong, CEO of Hanhua Bank, it's your turn next!"

Jin Rong, who was wearing a brown suit, nodded, picked up the documents he had prepared, and said, "As the latest subsidiary in the group, Han Hua Bank currently has subsidiaries in Hong Kong, Mainland China, Taiwan, Japan, Southeast Asia and other places. 137 branches, 2.84 million customers, accumulative deposits of 18.74 billion Chinese dollars, loans of 21.3 billion Chinese dollars, tier-one capital adequacy ratio of 13.7%, bad debt rate of 2.9%. In 2002, the total revenue of Hanhua Bank was 1.84 billion Chinese dollars, net Profit of 213 million Chinese coins. In the next three years...!"

Guo Shouyun interrupted his words with a wave of his hand, "In the next three years, the group will make a capital preference for Han Hua Bank. Therefore, your corporate development strategy needs to be redone. Of course, President Zhang will participate on behalf of the headquarters."

"Understood!" After hesitating for a moment, Jin Rong nodded.

Looking at his expression, Guo Shouyun could also guess what he was thinking.

"The part about option rewards will be determined based on your performance in the next three years. If you do well, I will not be stingy with rewards!"

"Yes!"

After answering, Jin Rong breathed a sigh of relief.

Glancing at him, Guo Shouyun quickly swept across the crowd, "Although I grew up in the United States, my adoptive father has always taught me his traditional Chinese culture. Just like my fluent Mandarin now, it is for education. Part of it. So I also understand the humble character of Huaxia people, as well as their prudence and inability to express themselves when it comes to money and job issues. UU Reading www.uukanshu.com”

"But what I want to remind you is: be brave to fight for the benefits you deserve. You should get as much money as you work; what kind of value you have, you should get the benefits that match that value. Equal amount I don’t care about other companies, but in my case, I won’t give you one less point. If it’s not yours, I won’t give one more point. "

"Whoa...!"

The thunderous applause suddenly sounded, and it was even more enthusiastic than the previous two times. Guo Shouyun's theory of equal value and return is too rare in the wild commercial era of China in the early 21st century.

At this time, Huaxia had just gotten rid of the GCist way of thinking, but the old ideas of 'sacrifice', 'dedication', and 'big pot rice' have not been completely eradicated. Even Hong Kong, which has a more commercial atmosphere, still has a strong cultural tradition of Confucian modesty and prudence. Of course, this is not wrong, but sometimes it makes people afraid to express themselves and fight for their own legitimate interests when facing their superiors.

"Be quiet!" Guo Shouyun squeezed his hands, and after a pause of applause, "It seems that everyone has a deep feeling for what I said just now, that's fine. In the future, if you feel that your superiors have not given you a reasonable position and Salary return, then you can find Mr. Zhang. If Mr. Zhang can't solve it, you can send me an email. My email has been posted on the company's internal website, and you should all know it. Of course, if you are not worthy of your name, I will never I will keep the mediocre people here to eat leisurely."

"Okay, time is a matter of time, let's stop gossip. Guo Zhen of Hanhua Capital, it's your turn next!"

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