Chapter 26, Super Gold Sucking Beast
The last day of November was already ten o'clock in the evening. Room 602, Yanhuang University Entrepreneurship Center, was already half a month after King of Pesticides was launched. It was just the end of the month. The four major shareholders, Li Fu, Zhao Dongye, Qian Jin and Wang Wanli, naturally came to Room 602 to carefully calculate the profits of King of Pesticides in the past half month after King of Pesticides were launched.
"Now I spend money every day, I don't know if I can have some surplus. I'm so poor that I'll never be able to make a fuss."
Qian Jin looked careless, crossed his legs, looking at Chen Xi who was busy on the computer next to him. Chen Xi was sorting out the financial situation for the past month and also reporting to his own bosses.
"Will you be so poor that you can't get rid of the blame? The genius believes in you."
Wang Wanli shook his head and looked disbelieving. Qian Jin's bank card could always maintain 5-digit pocket money. You should know that he is just a college student now.
"I lied to you as a puppy. Since the release of King of Pesticides in our company, I have not asked my family for money during this period. I thought I could transfer some money from the company to spend it myself, but who would have thought that I hadn't received a share of money now."
"I praised my father for Haikou. As long as the company makes money, I won't ask him for money. Now I'm so poor. Haven't you noticed that I've been out for a lot of nights recently?"
Qian Jin curled his lips and pretended to be poor, feeling pitiful.
"Haha, you, don't pretend to be poor here. Your current value is a billionaire. We don't have much money to transfer this month. Next month, our advertising efforts can be reduced, and we will have money at that time."
Zhao Dongye smiled and shook his head. Although the specific data has not yet been released, everyone has almost found out. How much funds there are in the company's account, how much income you have in this month, and how much expenses you have, are basically aware of the numbers. Now I just want to see the specific details.
"I'm really poor now. I've already owed tens of thousands of dollars to earn. If this continues, I'll starve to death."
Li Fu also smiled helplessly. Although Li Fu's current net worth must be over 100 million yuan, his wealth has not been converted yet and he owed money to pay tens of thousands of debts.
Li Fu also hopes to transfer some of the money from the company first, so that Li Fu will have money to improve his life and don’t have to eat steamed buns, rice, noodles, etc. every day. He can eat more beef as Xiaoying said.
"Haha, it seems that everyone is poor recently. Well, the company's advertising service can gradually decrease. Soon our account will have a lot of funds. Then we will transfer some money to improve our lives and give you bonuses."
Zhao Dongye nodded, and both major shareholders spoke and expressed their strong desire. Naturally, he, a small shareholder, had no objection, not to mention that everyone is young, so when you have money, you must spend it well, otherwise what will you do if you make money?
"Four big bosses and four billionaires, the data has come out. Do you eat meat? Should you give your brothers a drink of soup?"
Chen Xi came over with 4 data, and obviously heard the conversation between the four people. He said with a smile on his face. As the company's finance, he knew the company's financial situation the best, and the terrible money-making ability of King Pesticide, the super gold-absorbing beast.
Hearing Chen Xi's words, the four of them quickly took the data and looked carefully with a smile on their faces.
As of 10:00 p.m. on November 31, King of Pesticides has more than 100 million gamers, the average daily active users (DAU) is more than 25 million, and the number of VIP players has exceeded 20 million. In other words, one of the five gamers has recharged into King of Pesticides.
More than 20 million VIP game users contributed a total of up to 1 billion Chinese coins to King of Pesticides. The most important thing is that this is only the operating income of King of Pesticides for half a month on the market. If calculated based on such a business level, the operating income of up to 2 billion Chinese coins in a month, and the terrible number of 24 billion Chinese coins can be found throughout the year.
Although the annual operating income of 24 billion yuan seems a bit insignificant compared with those terrifying large companies, if we really want to make a detailed comparison, 80% of the thousands of listed companies in China's A-share companies will be ashamed. The annual operating income is less than 12 billion yuan, and even King of Pesticides has no ability to attract money for half a year.
Of course, this is not a truly terrifying place. The truly terrifying place is the super high profit of King of Pesticides. According to the financial data provided by Chen Xi, the company's gross profit margin can be maintained at 70%, and the net profit margin can also be terrible at up to 50%.
You should know that a normal company has a profit margin of 10%, which is already a very powerful company. Most of the listed companies in A-share companies have profit margins in single digits, and some even don’t even have single digits.
Of course, Chinese people know what these A-share companies are doing. Compared with well-known international companies, even the most famous fruit companies in the world now have only 21.6% after-tax profit margin, which is already a terrifying profitability.
However, for Internet companies, these are nothing, especially for the gaming industry, basically every game company has an amazing profit margin, especially those game companies that are more popular, with profit margins that are even more surprising.
"Haha, there is still more than 100 million yuan in the account to use, and now I finally have money to use it."
In Room 602 of the Entrepreneurship Center, Qian Jin quickly saw it from the beginning and looked directly at the company's account balance. Seeing that there was more than 100 million yuan in funds, he laughed happily.
"I feel sorry for thinking about it. In the past half month, we actually spent hundreds of millions of yuan in advertising expenses. Now if you look carefully, you will find that many advertising expenses are wasted in vain."
Wang Wanli gently put down the report and said with some care.
"No, our money will not be spent in vain. If we had not spent hundreds of millions of dollars on it, we would not have the current user scale, and we would not have such a huge ability to attract money. Penguin's new game advertisements have been widely promoted."
"But I'm not worried at all now. As long as we can firmly absorb these gamers now, Penguin Group's similar games will definitely never make a name for themselves."
Zhao Dongye shook his head. The advertising effect was naturally great after spending money on advertising in the past half month, but the money was spent like flowing money. If it weren't for the increasing amount of money flowing money every day, it would definitely not be able to support it.
"This money must be spent, and in the next month, I think we should continue to maintain a strong offensive, refine and concretize the advertisements, and deeply explore the game user group. We must never give others the opportunity to take advantage of it."
Li Fu also nodded. This is true for any industry. Only those who are at the top of the pyramid can eat the largest and most meat, so they must maintain the dominant position of king pesticides and must not be shaken.
"Li Fu is right, but now we can take out the more than 100 million yuan in our account to improve our lives first. Moreover, if the game is on the market and sells well, we must also give you bonuses or something."
Zhao Dongye pondered for a while and spoke slowly.
"I have no objection. I'm so poor that I'm dying of poverty. It's better to get some money out early and be free and easy."
Speaking of this issue, Qian Jin naturally agreed with it.
"I have no objection, either."
Li Fu also nodded in agreement.
"Since the major shareholders all agreed, I have no objection!"
Wang Wanli also had a smile on his face and said, "Split the cake," which is what everyone likes the most."
...
Just as Li Fu, Zhao Dongye and others were discussing how to divide the cake, they were thousands of miles away in Pengcheng, Nanfang, the headquarters of Penguin Group, and the League of Legends work group.
Although it was already over ten o'clock in the evening, the lights were still on here. Dong Zhenyun, vice president of Penguin Group, president of League of Legends and president of the new mobile game MOBA game King of Poison, was still holding a meeting to mobilize.
"Everyone, everyone, this is the data we have obtained recently. The game King of Pesticides has attracted a huge amount of more than 1 billion Chinese coins from gamers in just half a month. They already have more than 100 million gamers and more than 25 million active users!"
While playing a PPT, Dong Zhenyun said to his subordinates.
"what does that mean?"
"This means the huge potential and terrible money-making ability of mobile MOBA games. This is far from comparable to PC games. This means that if our king poison is done, it will definitely become our company's super beast."
"Of course, this also means that our opponents are unprecedentedly strong. In just half a month, our opponents have already had over 100 million game users and obtained a turnover of 1 billion Chinese coins, and this number is still growing."
"If we want to eat meat in this field, we must continue to use King of Pesticides, otherwise we will not even have to drink soup."
"So the next month is the most important month. It's already over ten o'clock in the evening, but why am I still leaving everyone here?"
Dong Zhenyun's face was extremely serious, as if he was a general who was about to face a war. He was now speaking to his subordinates and encouraging his morale.
"The reason I keep everyone here until now is that I hope everyone can adapt to this rhythm in advance, because in the next month, two months, or even N months, working overtime until late at night is probably what we often have to do!"
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Chapter completed!