Rebirth: The Financial Giant
Chapter 351 [First Quarter Results]
According to the first quarter financial report of Tiansheng Capital, the revenue in this quarter was 527.956 billion yuan, a year-on-year increase of 27,469.5% compared to the first quarter of 2017, or more than 274 times.
Specifically speaking, the absolute majority of this income is the profit from the return of North American investment. The company's own investment income is 361.379 billion yuan, and the excess performance commission is 146.742 billion yuan. The rest is Qiao Jingping's subscription fund income of 6.5 billion subscription fee. The total management fee income in the first quarter was 13.335 billion yuan.
After the consolidated financial statements of various incomes, it is concluded that the total revenue reflected in the first quarter financial report was 527.956 billion yuan, and the net profit for this quarter was 381.131 billion yuan, which was a year-on-year increase of 56531.65% compared to the first quarter of 2017, that is, more than 565 times. The net profit margin for this quarter was 72.19%, and the net assets at the end of the period were 1,835.463 billion yuan, a year-on-year increase of 271.72% in the first quarter of last year, but the growth was more than that.
Because Tiansheng Capital distributed 250 billion yuan in dividends last year, this money entered the pockets of shareholders, and for the company, the net assets lost 250 billion yuan.
If no dividends are distributed, the company's net asset scale has reached 2.08 trillion today.
Even though 250 billion has been distributed, Tiansheng Capital's current net asset scale still exceeds the current company's total market value of 1.75 trillion. Lu Ming, who read the financial report, couldn't help but sighed and said: I understand why the people of Magnesium are here. So concerned about financial hegemony.”
The financial stuff is really addicting and can’t quit. It’s too profitable. How cool is Laomei cutting the world’s leeks? Lu Ming now has a deep understanding. Looking at this financial report, he suddenly felt that the commander wants to engage in Tiansheng Capital. From his standpoint, it is not right. It should be done and must be done.
Even if Lu Ming was in the position of the great commander, he would definitely destroy Tiansheng Capital without hesitation.
Thinking of Lu Ming's inexplicable coolness here, he liked the way the other party was half-dead with anger when he wanted to engage in labor and management but couldn't do it.
At this moment, Lu Ming saw the financial report in general, put away his thoughts and continued to read.
Tiansheng Capital currently invests in major varieties at home and abroad, including the company's own assets and the assets managed by LPs, with a total asset size of US$798.135 billion, equivalent to RMB 5,052.194 billion.
The scale of total assets continues to hit a record high, but this new high is a fake new high, because Qiao Jingping jumped in the queue and entered the car with hundreds of billions of RMB. In fact, the asset price has dropped compared to the end of the last quarter, because the global stock market has fallen. It has not returned to the previous high, the domestic stock market is similar, and Bitcoin has now plummeted to more than 7,000 US dollars.
But even so, the price of assets managed by Tiansheng Capital is much more resistant than other peers. As soon as Lu Ming escaped and ran about 40% before the plunge, this part of the cashed assets escaped this decline.
In addition, overseas investment is continuing to make money, futures options are being made, and major overseas asset types are making money when they are long and short. Even if Qiao Jingping's new funds are excluded, Tiansheng Capital's asset prices are generally horizontal. The plate didn't fall much.
The Tiansheng Composite Index responded well to this point. After the sharp decline at the beginning of the year, the V-shaped rebound is about to break the previous high.
At present, Tiansheng Capital has a disposable cash flow of US$320 billion, equivalent to over 2 trillion yuan.
This liquid cash includes the sum of the company's name and the names of major LP institutions, but the control of this money belongs to Tiansheng Capital, which means that Lu Ming has the final say.
At the end, Lu Ming took a look at the situation of the company's public funds. The only one he cared about most was the Tiansheng Value Growth Hybrid Fund with a scale of tens of millions of people.
At present, the total size of the fund is 221.5 billion yuan. After the slump at the beginning of the year, Tiansheng Enchantress has now returned to V. The net value return in the first quarter of this year is +28.37%. Tiansheng Holdings' recent continuous surge is the core contribution.
Now a lot of public funds are still lying around, but Tiansheng Yaoji has already climbed out of the pit.
Today, the company's self-purchased 100 billion funds have been withdrawn from this fund, and the new fund has completed the undertaking. At the same time, the subscription channel has also been closed again, and the open redemption is always open.
The main reason is that the Christian Democrats are too aggressive, and they have to close their doors to thank guests, even if the daily limit of 800 yuan or even 500 yuan is opened, but the number of Christians cannot be supported.
In addition to the title of Tiansheng Enchantress, Tiansheng Value Growth Hybrid Fund is now more famous as Tiansheng Value Growth Public Hybrid Fund. The biggest feature is that there are many ordinary Christians.
Because it is so famous, as long as the fund has been playing for a year and a half, there are almost no people who do not know this fund.
The V-shaped rebound came back this time, and the net value gain in the first quarter was close to 30 percentage points, which once again proved to the market the profitability of Tiansheng Capital.
Many Christians are satisfied as long as they can earn 20 points a year, while the Tiansheng Value Growth Mixed Fund continues to maintain an upward trend of about 30 points in a quarter, and it is appropriate to double in a year. It's strange that people buy explosions.
After reading the material, Lu Ming put it aside, thought about it for a while, looked at Han Qiulin and instructed: The specific release time of the first quarterly report will be after the market closes on Wednesday afternoon the day after tomorrow. In addition, a short message will be issued immediately. On the evening of Wednesday, April 4th, the Sheng Capital will publish a consolidated performance report for the first quarter of 2018.
There are only three trading days this week. Because the market is closed for the Ching Ming Festival holiday after Wednesday, the news is scheduled to be released at the end of the market closing on Wednesday the day after tomorrow. However, today, we can announce the time of the financial report disclosure first, without disclosing the financial report itself.
This has also been adjusted. According to the previous plan, it was planned to delay the release of the financial report until the end of April. It is definitely not needed now. Lu Ming has not made much effort. The trousers all ran away before they had time to mention it, and the expected three-stage convergent triangle wash plate can be directly omitted.
Han Qiulin nodded: I'll prepare now.
Go!
Lu Ming glanced at the back of Han Qiulin's departure, and moved his gaze down to admire the delicate buttocks under the hip-packed skirt. As she left the office, he also thought about Tiansheng Holdings.
The withdrawal of institutions and foreign capital is neat and tidy, and it is also a good thing to cut decisively.
In fact, Lu Ming also wanted to announce the truth as soon as possible so that he could respond to the leader and Wall Street. Although he ran ahead of schedule, the leader Gank failed, and the speculative capital of Wall Street was also cut out, but this still made Lu Ming quite unhappy. .
If he didn't run away, wouldn't he be finished? Isn't it that the US stocks have been playing for nothing in the past three years? Didn't he work for the big commander Bai?
The more Lu Mingren thought about this matter, the more angry he became, and the more he took a step back, the more he lost. He couldn't breathe, and it would be hard to get back after cutting hundreds of millions of dollars from the US stock market.
...
Half an hour later, Tiansheng Capital released an announcement that the first quarterly report will be disclosed on the evening of Wednesday, April 4, 2018, and the news quickly attracted a lot of attention from the market.
This new news also surprised investors from all walks of life in the market. I did not expect that Tiansheng Capital's first quarter financial report was released so early.
Tiansheng Capital can be said to have touched the hearts of the market recently. Everyone wants to know the real reason behind this wave of strange plummeting and inexplicable skyrocketing.
April is often a time of thunder, and the first quarter of the annual report focuses on the disclosure of time, and companies often make thunder on their financial statements.
Tiansheng Capital released its first quarterly report a bit early. Normally, it is disclosed after mid-April, which is more than ten days in advance, and it happens that Tiansheng Holdings has recently risen abnormally. There are many things, and it is revealed everywhere. Weird.
The so-called abnormal things must have demons, abnormal plummeting, abnormal skyrocketing and abnormal financial report disclosure time, so investors from all walks of life in the market are paying more attention to this financial report than ever before.
...
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