Chapter 206 Year-end Summary

Chapter 206 Year-end Summary

Chapter 206 Year-end Summary
As time passed by unknowingly, it was the end of 2026.

All departments and business units of Hailufeng Company have also started their annual summary work, and the heads of various branch companies in other places have also come to the headquarters one after another in recent days.

Planting Division, Aquatic Products Division, Feed Division, Sales Division, E-commerce Division, Physical Division, Technology Division, Agricultural Cooperation Division, Biofuel Division, and Logistics Division.

There are ten business units in total.

No matter whether it is an old business unit or a newly established business unit, the heads of these business units have a relatively easy job, mainly because the company's profits this year are very good.

Inside the headquarters meeting room.

While looking at the relevant reports, Jiang Miao listened to the heads of various business units reporting on this year's situation.

The first business unit to report to was naturally the first business unit of Hailufeng Company: the Aquatic Products Business Unit.

My brother-in-law Zhang Xincheng stood on a small podium. Behind him was a projection screen modified by a large TV company. As he walked onto the stage, the screen displayed the contents of the annual report of the aquatic products division.

"This year, our aquatic products division achieved a revenue of 49.68 billion yuan in the eel fry industry; in the special Egyptian fish farming industry, we produced 12 tons of various Egyptian fish and their associated fish products annually, achieving a revenue of 28.32 billion yuan. The total revenue is 78 billion yuan."

"This year, our expenditures include fixed costs of 7.32 million yuan and new investment costs of 34.55 billion yuan. New projects include several salmon farming bases, a large integrated farming base, and supporting photovoltaic projects. The total expenditure is 41.87 billion yuan."

Zhang Xincheng finally pointed to the big screen and said, "Our aquatic products division achieved a gross profit of 36.13 billion yuan this year."

clap clap clap...

Executives from other departments also applauded with smiles on their faces.

In fact, there has been some improvement in the eel fry breeding technology this year. Jiang Miao has adjusted the full-cycle breeding of female eels to make the egg-laying capacity of female eels reach the level of natural reproduction. A female eel can lay 700 million to 1200 million eggs, and the successful hatching rate is 95%.

This technological breakthrough means that the cost of eel fry has dropped again. To produce 1.8 million eel fry every month, only dozens of female eels are needed, reducing costs by more than 99%.

Zhang Xincheng didn't waste any time and came down quickly after he finished speaking.

The second business unit head to take the stage was Fang Yi, head of the feed business unit.

He saw that his department's annual summary had appeared on the screen, and he immediately said, "This year, our division has purchased a total of 67 tons of Egyptian catfish, produced a total of 20 tons of special eel feed, and earned 32.67 billion yuan in feed revenue and 2.68 million yuan in fish oil revenue. The total revenue is 35.35 billion yuan."

"In terms of expenditure, the bulk of the expenditure was on the purchase of raw materials of Egyptian catfish, with a purchase cost of 16.75 billion yuan, and other expenditures added up to a total of 19.22 billion yuan."

"Our feed division achieved a gross profit of 16.13 billion yuan this year. This concludes my report. Thank you."

clap clap clap...

Everyone applauded again.

This was followed by a report from the Planting Division.

Du Liheng, the manager of the Planting Division, was the deputy manager who replaced Lv Weibin. He quickly took the stage with a hint of nervousness on his face:
"Boss, and all my colleagues, on behalf of the Planting Division, I would like to report to you on this year's business performance."

He took a deep breath and continued, "Our department's revenue this year is mainly concentrated on pandan strawberries. Starting from June, we have produced an average of 100 tons of pandan spices every month, with a cumulative revenue of 22.75 billion yuan."

Pandan spices, which cost as much as 350 million per ton, are in great demand in the international market because this year's natural vanilla beans in Madagascar have once again been reduced due to extreme weather.

Many domestic companies act as middlemen and sell pandan spices to foreign companies, making a lot of money.

"In the traditional planting business, our strawberry, ginseng fruit and tomato business generated a total revenue of 1247 million yuan..."

In fact, the traditional planting industry does not have high profits, but the planting division has opened new planting sites in various regions since September this year, and the scale will soon be increased.

“白松露产业，今年累计生产1608吨，营收了40.2亿元；羊肚菌产业，营收了6.3亿元；冻干果蔬营收258万元；本地牧草2.8亿元；本地蜂蜜和副产品7758万元。”

The reason why local pasture and local honey exist.

In fact, it is because the planting industry of other branches is not under the management of the planting division, but is an independently operated system.

"Our planting division has a total revenue of 72.81 billion yuan this year."

Du Liheng continued to talk about expenditure: "Our business unit's expenditures are mainly land contract fees, labor, pesticides and fertilizers, greenhouses and equipment depreciation fees, etc. This year, the total expenditure is 6.47 million yuan."

"The gross profit of our planting division this year is 66.34 billion yuan."

Judging from the revenue of each industry of the planting division, the core industries are still white truffles, pandan strawberry powder, morels, and forage grass, while the other industries are small karaoke.

clap clap clap...

The head of the business unit that has not yet generated any profit is extremely envious of the gross profit margin of the planting business unit.

This is without taking into account the Gannan Branch, Qiongzhou Branch and Mo'nan Branch, otherwise the revenue scale of the planting division would be even larger.

The next person to come on stage was Zhang Chengdong, the acting manager of the Technology Division. He spoke on behalf of Jiang Miao, because the manager of the Technology Division was Jiang Miao himself. The income of the Technology Division was very simple, that is, patent fees.

Among them, the patent fees for Egyptian catfish meal were 433 yuan per ton, and a total of 800 billion yuan in patent fees were received by major companies this year, with a total production of 34.64 million tons of Egyptian catfish meal.

It is also a patent fee related to the Egyptian catfish, but this fee is the patent fee for the production of special feed for the Egyptian catfish. This technology allows the Egyptian catfish to tolerate high-salinity water bodies, thereby avoiding large-scale production cuts due to drought.

Although the patent fee for salt-tolerant feed is only 500 yuan per ton, major feed companies have produced a total of 647 million tons of salt-tolerant special feed this year, and therefore paid 32.35 billion yuan in patent fees to the technology division.

Finally, there is Cathay Food Factory, which paid a total of 13.74 billion yuan in patent fees to the Technology Division for purchasing special Egyptian catfish as raw materials.

The total revenue from patent fees was 80.73 billion yuan.

This puts the technology division at the top of the revenue list this year.

In terms of expenditure, the Science and Technology Division invested in many projects this year, including the expansion project of the headquarters' scientific research base, the Qiongzhou tropical crop scientific research base, the Chongming Island scientific research project, the Gannan dairy cattle breeding base, the Jidong scientific research base, the Mo'nan scientific research base, etc., plus the labor costs of scientific researchers and the costs of various scientific research consumables, the total expenditure is 31.25 billion yuan.

Therefore, the gross profit of the Technology Division this year is 49.48 billion yuan, second only to the Planting Division.

However, there is no way around this. The Science and Technology Division must continue to invest funds in scientific research projects and experiments.

The next business unit to take the stage was the physical business unit, which was known as the money-eating beast. Jiang Xia had no choice but to go up there.

Because the physical business unit suffered severe losses this year, mainly due to huge expenditures on purchasing properties, which led to "investment losses."

The company has purchased a large number of properties and houses, built houses, and renovated stores in Beijing, Shanghai, Guangzhou, Shenzhen, Jiangxi Province, coastal cities, and cities along the line, and has spent 41 billion yuan this year, which is almost equivalent to eating up all the gross profit of the aquatic products division.

But the investment is worth it.

Because this effectively reduces future operating costs, avoids being constantly reaped by landlords and sub-landlords, and also reduces decoration losses caused by relocating stores.

Why is it that many physical stores fail to succeed nowadays, or even if they succeed, they quickly fail?

Aren't there some landlords and sub-landlords who are exploiting the people? Once they see that a shop is doing well, they keep raising the rent, or they drive the operator away and take it over themselves.

The decoration cost of a better store alone can be as high as hundreds of thousands or even millions.

If the property is only rented for two or three years, even the costs cannot be recovered, so many operators can only grit their teeth and bear the landlord's extortionate rent increases.

However, the revenue of the physical business unit this year is not as low as imagined.

Among them, the first batch of franchise stores in the Pearl River Delta opened in September, each store had a daily turnover of around 5000 to 15000 yuan, an average of 11938 yuan per store per day, and a gross profit margin of about 30%.

The 50 franchise stores in the Pearl River Delta region were in operation for about three and a half months, with a total revenue of 6267 million yuan.

The 100 franchise stores in the Yangtze River Delta region have a daily revenue of 10743 yuan per store.

There are 50 franchise stores in the capital area (including Tianjin and other places), with each store having a daily revenue of 7736 yuan.

The franchise stores in Jiangxi Province have a daily revenue of 4397 yuan per store.

Specialty stores in other regions spend 6842 yuan per store per day.

Currently, there are 346 franchise stores in operation, with cumulative revenue of 1.72 million yuan.

Judging from the current situation, the operating data is still okay. If one-third of the 30% gross profit margin is allocated to property investment as an offset to the investment cost, it will take about 44 years to earn back the cost of the investment in the property.

If the entire 30% profit is allocated to the property investment cost deduction, then in about 15 years, all the money invested in the property (including the initial renovation investment) can be earned back.

Since the special value of the property itself is still there, this kind of investment is a sure win. After all, these stores are located in the city. Even if something unexpected happens in the future, a large sum of money can be quickly obtained by selling these fixed assets.

Therefore, Jiang Miao does not think that investing in real estate is a losing business. He will let the physical business unit continue to purchase properties in first- and second-tier cities next year.

Jiang Xia reported on the operating conditions of the physical business unit. After deducting the revenue, the total loss was about 39 billion.

Then there is the e-commerce division. Although the e-commerce division held many activities and offered discounts every few days, its profitability was still acceptable, with a total profit of 4728 million yuan.

In fact, the e-commerce division is the one that generates the most revenue, because they take over the products of other divisions, but most of the profits of these products belong to the production department, not the sales department. The profits of the sales department only account for about 5-10% of the total product profits.

Whether it is the physical business department, the e-commerce business department, or the sales business department, as sales departments, their profits are relatively low, and the core profits must be given to the production department. This is the distribution model that the company has formulated from the beginning.

Jiang Miao listened silently for a long time.

The company's various business units had a total revenue of 273 billion yuan this year. After deducting various expenses, the total gross profit was 131 billion yuan.

This does not include the revenue of Hailufeng Real Estate, Hero Dairy, United Mining, and Xinkangle Pharmaceuticals.

(End of this chapter)