Xie Ruolin. On the occasion of its 20th anniversary, Meta (Facebook's parent company) disclosed a "strongest in history" financial report, and the company actively carried out cash dividends, buybacks and write-offs. Under the superposition of a number of good news, global investors were boiling, and on February 2, local time, Meta's stock price soared 2032%, with a market value increase of nearly $200 billion, setting a new record in the history of U.S. stocks.
As a listed company in China's A** field, what enlightenment can be obtained from it?
First, based on the present, while maintaining steady growth in performance, we will continue to strengthen the awareness of rewarding shareholders.
After Apple's iOS privacy policy was adjusted in 2021, Meta's advertising business was hit hard. In February 2022, Meta set a record for the largest single-day market value decline in U.S. stocks due to a "poor" performance statement. Since then, Meta has broken its wrist, cut costs, expanded the boundaries of its advertising business, and promoted the diversified development of virtual reality headsets, making a beautiful "turnaround" in 2023. According to the financial report, in the fourth quarter of 2023, Meta achieved revenue of 401US$100 million, a year-on-year increase of 25%, and all business performance exceeded expectations.
While the performance is growing steadily, Meta threw out a $50 billion** buyback plan and announced its first dividend, proposing to distribute cash to shareholders of Class A common stock and Class B common stock 0$5 shares. You must know that American technology companies have never been "big dividend payers", Amazon and Google have not paid dividends so far, so Meta's move conveyed to the market the management's optimism about the growth prospects, effectively boosted market confidence, and also attracted medium and long-term funds.
Second, look forward to the future and focus on growth. Companies should focus on the next 5, 10, or even 20 years of market competition to open a better future.
In recent days, investment institutions have raised the target price of Meta's stock price, although the company's stock price has just experienced a "surge", but investors still believe that its "prospects" are promising, attributed to the company's emphasis on AI (artificial intelligence) investment.
The large language model released by Meta in February 2023 once led the rise of open-source AI, standing shoulder to shoulder with ChatGPT. During the earnings conference, Meta CEO Mark Zuckerberg said that the company will "continue to make massive investments in this space with the goal of winning" in AI.
In recent years, a new generation of information technology such as AI, blockchain, cloud computing, and virtual reality has flourished, and a new round of scientific and technological revolution and industrial transformation is reshaping the global innovation map and reshaping the global economic structure. A-share listed companies should be more forward-looking, strengthen the integration and innovation of key technologies, and grasp the new opportunities of a new round of scientific and technological revolution and industrial transformation.
* The Economic Work Conference pointed out that scientific and technological innovation leads the construction of a modern industrial system. It is necessary to promote industrial innovation with scientific and technological innovation, especially to use disruptive technologies and cutting-edge technologies to give birth to new industries, new models, and new kinetic energy, and develop new quality productive forces.
The new quality of productivity triggers global industrial transformation, and it is the key focus to reshape the new advantages of global competition. Vigorously developing future industries is a strategic choice to lead scientific and technological progress, promote industrial upgrading, and cultivate new quality productivity. For listed companies, it is a long-term plan to further increase R&D investment, open up new tracks, and shape new quality productivity.
* |Station cool Hailuo production |Zhang Wenling