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Chapter 251 Huge cash reserve!

Li Zetian and Yu Jingqiu finally counted that the combined turnover of all companies reached US$110.5 billion and the net profit was as high as US$15.4 billion.

Subsequently, Li Zetian ordered major companies to take out some of the dividends, of which 5.5 billion US dollars flowed into the Umbrella Company.

The Umbrella Company originally had $1.5 billion, but now it adds $5.5 billion to $7 billion.

Such a huge cash reserve is really shocking!

The advantage of having a huge cash reserve is that it can better deal with risks, have enough cash to conduct mergers and acquisitions, product upgrades, and new business expansion. It also means that Apple has enough money to acquire some companies and make up for shortcomings in some fields. Even if it loses every year, the company can persist and always have the opportunity to turn the tables!

In Li Zetian's opinion, 7 billion US dollars is actually not much.

Li Zetian traveled from time to time in 2016. Apple's cash reserves reached more than US$246 billion, Microsoft also had more than US$110 billion, and Cisco also had more than US$60 billion...

If Apple loses $2 billion a year, it will not go bankrupt within a hundred years!!!

This is really terrifying!

Thinking about it this way, 7 billion US dollars is nothing, and a cash reserve of $100 billion is considered qualified.

Cash reserves are not just money on the account, but more broadly cash, including bonds or cash equivalents that are highly liquid and can be quickly cashed out, short-term (or long-term) market bonds, long-term and short-term securities, including US bonds, corporate bonds, and money market funds (mmf), etc.

Of course, having huge funds but not spending them means not using the money well, but Li Zetian is cheating and making money faster than spending them, so he is not worried that there are no good investment projects. Li Zetian has always done his best in the research and development of innovative products, otherwise, the net profit of US$110.5 billion of revenue and net profit cannot be only US$15.4 billion. You should know that the companies under Li Zetian's name are all high-profit companies, and the profits of many products exceed 30%.

The US dollar in the 1980s was very valuable, so 7 billion US dollars was actually a huge amount of money, but Li Zetian had a very high vision. Nowadays, so much money needs to be operated by a bank or other financial institution. If it is simply placed on the company's books, it is depreciating.

Acquisitions, banks and financial institutions are what Li Zetian must do next.

...

William's full moon wine was held on January 4, and Xiao Zhixuan and the others rushed back in Europe.

This full moon wine was very grand and lively, and many powerful and wealthy people came to give gifts. Many people didn’t know Li Zetian, but because the company under his name had business cooperation with them, in order to please Li Zetian, they naturally came to give gifts.

President Reagan is going to run for the US president again this year, and he really needs to get the support of Li Zetian. He also came to attend the full moon banquet in person that day. In fact, in addition to him, there are also many senior officials in the American political arena. These are the results of Li Zetian's efforts to win over the years. Although it is not as good as the power of those old consortiums, it should not be underestimated.

Which consortium Li Zetian prefers, the power and voice of which consortium will be greatly enhanced.

Although the villa is big, it is crowded this day.

Many people even have the idea of ​​coming here to expand their connections, hoping to meet a few people who will be helpful to their future development.

There are often all kinds of banquets in the upper class of American society, and many people enjoy participating in such banquets, simply to expand their connections at the banquet.

However, Li Zetian rarely attends such banquets. He does not need to take the initiative to make friends with the powerful, but these people take the initiative to find him.

The company wants to cooperate with him, and the country wants it to invest.

When Li Zetian goes to any country now, he will be regarded as a guest of honor!

Because there are too many big names coming to participate in the full moon wine, a simple full moon wine has become a headline for major media in the United States and even the world.

Many reporters were squatting outside the door to see which guests were coming. Whenever they found the other party’s identity, they would always scream in surprise.

"That's so awesome. Cronos Li is so shameless. Even President Reagan, the British royal family, the Rockefeller family, and the Bush family are here!!!"

"Chronos·li is rich enough to rival a country, and has a great influence!"

"Hi, do you know that the invitation letter for this banquet was as high as 4 million US dollars in the black market!" a reporter suddenly said.

"..." When everyone heard this, they couldn't help but secretly smacked their tongues. It was so crazy that an invitation letter was so expensive.

The reporter whispered: "Don't look expensive, this thing has no market value! Many people want to buy it but can't. Today you have also seen that there are so many wealthy and powerful people all over the world who come to attend banquets. This is a symbol of identity. If you can make some friends here and discuss a business, it will be more than just $4 million?!"

"Oh, that's right! It's really a good deal to enter the market with $4 million! Most of the people who come to participate in the full moon wine are billionaires. I'm afraid it's difficult to find so many opportunities for top rich people to gather in the world!"

“…”

At around 10 o'clock in the evening, all the guests left. Li Zetian breathed a sigh of relief and lay on the sofa to rest. The warehouse was filled with gifts, and they could play the same day without any other things. They could play for several years.

On this day, Xiao Youran was the happiest person, staying in the warehouse like a wealthy fan. Looking at the gifts all over the room, his eyes lit up. Then he kept opening the gift boxes to see what the gifts were. If there was something she liked, he would announce that it belonged to her without hesitation, and then he would play with it happily. The little girl didn't know where she got her spirit, didn't know how tired she was at all, and she refused to sleep and rest. In the end, Yu Jingqiu pulled her out of the warehouse.

"Mom, I don't want to sleep yet," Xiao Youran said coquettishly.

"You have to sleep, otherwise you will confiscate all your toys!" Yu Jingqiu refused to eat this set.

Xiao Youran pouted her little mouth, looking unhappy, and followed Yu Jingqiu to the hall.

Li Zetian asked with a smile: "Who is unhappy with our cute little Youran?"

"My mother didn't let me play with it, and she even said she would confiscate my toys!"

Xiao Youran rushed to Li Zetian's arms, hugged him, and told her "injustice".

Li Zetian said to Jingqiu: "Children like to play, so let her play for a while."

Yu Jingqiu deliberately put a stern face and said, "It's over 10 o'clock now, so you are not allowed to play anymore. You must go back to your room to sleep immediately!"

Li Zetian said to Xiao Youran: "Look, your mother doesn't allow you to play, and your father has no choice. So, you should go to bed quickly and be obediently. After sleeping well, you will be energetic to play the next day. Do you think so, baby daughter?"

"Well, Dad is right, then I'll go to bed early at night and get up early tomorrow. There are many fun toys in the warehouse that I haven't played with!!!" Xiao Youran nodded and said, then immediately got up from Li Zetian's arms, then jumped upstairs and ran upstairs.

Li Zetian shook his head and smiled: "Uh, this girl is really playful..."

Yu Jingqiu smiled and said, "It's not what you are used to! You usually hurt her. If you hold her in your hand, you are afraid of falling. If you hold it in your mouth, you are afraid of melting..."

"Okay, okay, I will correct it. I will definitely strictly demand Xiao Youran in the future!" Li Zetian said this, but he never thought about being a strict father in his heart.

At this time, Li Zetian stood up from the sofa, put his hands on Yu Jingqiu's shoulders, pinched her a few times, and said gently: "Okay, you're tired today, go to bed and rest."
Chapter completed!
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