Compared to a small boss who is as lean as a camel but bigger than a horse, there are many more low-income residents who have worked diligently and made no mistakes all their lives, but have no one to rely on when they are old, or have no one to take care of their children. They are more worthy of Han Chudong's attention, and he is willing to help them to the best of his ability.

Considering the huge debt, he will probably pay more attention to charity in the future. However, what he cares most about at present is his own development.

If you borrow money from a bank but then have to pay the interest on it to spend on a business that is doomed to never pay back, that would be a huge loss.

Continue to stay in the office and process documents.

As the end of the year approached, Han Chudong took the opportunity of the accounting firm and the auditing firm jointly issuing the financial statements for the first three quarters of this year to have a comprehensive review.

At this moment, the summary materials have been submitted to him, packed in a perfectly sealed file bag. It is a thick stack of five copies, weighing three or four pounds.

The specific expenditure situation will be handed over to professional employees, and he only needs to check the final results.

Sit on the office chair, put your feet on the surface of the desk, find a comfortable position and look at the pictures one by one, starting with the asset investigation report.

Mango Toys Company's current total valuation is 110 million US dollars. Its total sales in the first three quarters reached nearly 46 million US dollars. After deducting various expenses, the net profit margin was about 23 percentage points. As the scale became larger, the proportion of advertising expenses, labor expenses, etc. in revenue increased, and the net profit margin was not as considerable as when it first started to develop, but it was still very good.

Baofeng Electric received financing from three companies, but the right to speak is still in the hands of Han Chudong. Taking into account the huge amount of funds raised, the current valuation is approximately 140 million US dollars.

Total sales in the first three quarters exceeded 100 million yuan, but the profit margin remained at only around 5 percentage points. During the expansion period, advertising investment was huge and new stores cost a lot, so only sales and net profit margin are more reliable for reference.

The reason why the valuation is higher than that of Mango Toy Company, which has more profits, is mainly because the long-term development potential is taken into account. Just like those stocks on the market, the price-to-earnings ratio of any old company is often lower.

Anyway, as long as sales continue to increase, Han Chudong will be satisfied for now. It will not be too late to make money after taking over the market. The most important thing right now is to squeeze out competitors and continue to seize new markets. This is a common development strategy for Internet companies in the future.

Rainbow Beauty's total sales in the second and third quarters were very impressive, and importantly, the profit margins were very high.

The beauty products themselves have a revenue of nearly 200 million US dollars. Excluding the huge marketing investment, the profit margin is as high as 85%. After taking the marketing investment into account, the profit margin drops to about 40%.

This shows how much money Rainbow Beauty has invested in the advertising market, with more than 80 million U.S. dollars spent. It also shows how much money it makes. These revenue figures do not include the profits from the sale of facial mask papers.

Since July, more than 20 million facial mask papers have been sold in three months, with a profit of just over 75 cents per sheet. There is no need to bear the shipping cost, and there is only a little labor cost in the operation stage. The rest is net profit, which can be called a "super money printing machine."

If these data were obtained by those rating agencies, Rainbow Beauty's valuation would most likely continue to soar by hundreds of millions of dollars.

As for the European luxury goods companies and those companies that were merely investments, they were not included in the statistics. After a simple calculation with a calculator, Han Chudong found that his net worth should be 3 billion US dollars and his overall debt ratio was less than 17%.

In this case, he should be ranked second on the rich list instead of third. Considering people's tradition of hiding wealth, Han Chudong could not guess the specific situation.

But what has been confirmed is that by the end of 1974, Han Chudong had already achieved financial freedom, possessing such a terrifying amount of wealth. Even among the super-rich, he was one of the best...

With so much money, you should think more about the long term.

Take the Rockefeller family for example. The collection of the Museum of Modern Art in New York alone, which was donated, already amounts to over 100,000 pieces, and some of the finest pieces are kept privately.

In Europe, many declining families also achieved long-term wealth by selling artworks and land. When they were short of money, they would sell some of their assets. Artworks and land had been rising in value, and their total wealth would increase as they were sold occasionally.

Han Chudong could no longer imagine himself going bankrupt. Even if the Federal Reserve went bankrupt, he was confident that he could continue to enjoy everything he had now.

Considering the security of asset allocation, it has recently been acquiring some artworks, and has also acquired a large piece of land in Beverly Hills, an office building in downtown Los Angeles, and a two-story office building on Wall Street.

When the funds are a little more sufficient, Baofeng Electric can buy stores and operate them on its own, just like Gucci and Hermes. Rainbow Beauty can also purchase shops, but there is no need to rush for the time being. There is no need to waste precious funds on these fixed assets. Anyway, the contracts are already marked very comprehensively, they are all long-term contracts, and the penalties for breach of contract are astonishingly high.

Ordinary people are afraid of doing the math, but Han Chudong was so happy that he couldn't stop smiling while holding a computer that could no longer display all the numbers.

There is no wrong version in the 1619 book forum!

He called Arthur's assistant and asked, "The accountants' advice is that if there is any money to be spent, it should be completed before the New Year. Please help me count the projects that can be invested. In addition, has the auction house sent me any more product catalogs? There are also product catalogs from real estate agencies. Let's see which large islands suitable for vacation are for sale. I want to allocate some assets for vacation. It will be more convenient to travel after the plane is completed."

"...They are all recorded. I'll go get the sales materials for you." Assistant Arthur replied.

Arthur had never received any calls trying to sell yachts, manors, or Van Gogh paintings, but those people kept coming in droves, wanting Han Chudong to buy these things. Last time, someone even called and told him that there were albino lions and black jaguars for sale. They recommended him anything that was expensive. Especially the yacht-making companies, they sent salesmen one after another.

The heights are different, and everyone knows that Han Chudong can afford it.

After receiving the promotional materials sent by various companies and institutions, Han Chudong looked through them like looking at a menu. They were all good things that would make people say "Wow" when they saw them, such as a manor located in the suburbs of Rome, covering an area of ​​more than 4,000 square meters, and a yacht that cost 10 million US dollars, with a swimming pool on the deck, a total length of more than 100 meters, and 16 guest rooms. There were also oil paintings by Paul Cézanne, Paul Gauguin and others.

Mainly real estate, spread all over the world, from manors in Japan to the former bedrooms of French kings, to luxurious castles in the British countryside, there is everything, which is dazzling.

Finally, Han Chudong focused his attention on the red wine estate in France...