Chapter 163 Hongmeng Huaxia Financial Statements for 2000
After hanging up the phone from Jiang Xiaoyang, Xu Liang paid no more attention.
Liu Jihong’s incident is just an episode, the key is the development of the company.
Clear your distracting thoughts and focus on the financial data of Hongmeng China in your hand.
Hongmeng Huaxia 2000 Profit and Loss Statement.
The total income was 275.37 million Chinese coins.
Game business revenue is 170 million Chinese coins, Hongmeng website directory is 76.2 million Chinese coins, Bing advertising revenue is 11.04 million Chinese coins, Hongmeng game hall traffic share is 9.87 million, No. 1 store revenue is 5.79 million Chinese coins, Hongmeng Music Advertising and download revenue was 2.47 million Huaxia coins.
Because Hongmeng Music has a large number of users, many music companies will promote their singers here, which also gives Hongmeng Music an extra income.
The income from genuine downloads is limited to the current network environment, only a few hundred thousand.
The operating cost is 202.13 million Chinese coins.
The reason for the high cost is that Hongmeng has invested too much in hardware.
Gross profit was 73.24 million Huaxia coins.
Interest expense is 620,000 Huaxia coins.
Income tax is 18.31 million Chinese dollars.
Net profit was 54.31 million Chinese coins.
Balance sheet:
Assets:
Cash and short-term investments are 54.31 million Chinese dollars.
Office equipment: 430,000 Chinese coins.
Goodwill (not counted)
Equity assets: 337 million Huaxia coins.
(10% equity of Yahoo Japan, 10% equity of Alibaba, 8.7% equity of Sina)
Seeing this, Xu Liangzhong felt quite lucky that he got the 10% equity of Yahoo Japan. Equity is just too lucrative.
In just two months, the value more than doubled.
And judging from the current development trend of Yahoo! Japan, this part of the equity will be more valuable in the future.
Long-term assets: 141.784 million Huaxia coins (data center)
Total assets: 533.094 million Huaxia coins.
Long-term loan: 100 million Huaxia coins.
Total liabilities: 100 million Huaxia coins.
Net assets after deducting liabilities: 433.094 million Chinese dollars.
In other words, Hongmeng Huaxia earned Xu Liang 433.094 million Huaxia coins in assets during the entire two thousand years.
Xu Liang flipped through Hongmeng Huaxia’s financial statements.
Among all businesses, the only ones that really make money are games and Hongmeng website.
In other respects, Bing, Yihaodian and Hongmeng Music are all losing money.
Bing’s advertising revenue cannot cover hardware investment and marketing investment.
Hongmeng Music cannot cover hardware investment and investment in purchasing music copyrights.
Fortunately, everything is moving in a good direction.
Dong dong….
There was a knock on the door.
“Come in.”
Wearing a brown business suit, Lily opened the door and walked in.
"Mr. Xu."
After greeting her to sit down.
"Is something wrong?"
After nodding, he asked Lily to organize his words.
"Mr. Xu, I want to do offline music."
"In order to reverse the dilemma of Hongmeng Music losing money?"
"Yes."
Xiang Lili nodded affirmatively. nod.
As the director of Hongmeng Music, I feel very uneasy seeing the company always losing money under my leadership.
Xu Liang also knows that due to China's copyright environment, it is unrealistic to rely on music downloads to make money like Apple, so ring tones are certainly good.
But now there are too few mobile phone users in China, and the sound quality is also very poor.
In addition, before Hongmeng Music truly became the No. 1 music streaming media in China, he did not want to develop the ring tones business so early.
Otherwise, it is completely contributing to competitors.
In this case, if we want to reverse the dilemma of Hongmeng Music’s continuous losses, entering offline is the only solution.
"What do you want to do?"
"Currently, our Hongmeng Music is cooperating with some independent singers. I want to first select those with potential to sign contracts, and then spend money to promote them.
In this way, It will also attract more independent singers to upload their music to Hongmeng Music, which will enrich our copyright and select potential singers for us.
This will form a closed loop. >Hongmeng Music Network selects outstanding singers, and after signing offline contracts, it carries out artist management business and concerts to develop greater value.”
Xu Liang nodded,
"Is there a list?"
"Yes."
The first name is Li Jian.
This name is familiar to Xu Liang. The music scene has been developing for many years. He is the only famous singer from Wudaokou.
The second Rollin.
Xu Liang has never heard of it at all.
The third one is the nerve-wracking combination.
What the hell is that name?
Looking at the information, Yang Linghua, Zeng Yi, and Zhang Jie.
Xu Liang suddenly realized.
Isn’t this the ‘Phoenix Legend’?
Although I don’t know why they are still a ‘Nervous Group’ and there is an additional Zhang Jie. Xu Liang is not a professional in the history of music development, so he doesn’t know.
But just know that they have development potential.
He has also never heard of the next few.
However, he did not question Xiang Lily's choice.
He doesn’t know much about music itself, so there is no need to conduct blindly, just looking at the results is enough. "I agree. The company will grant you 2 million to test the waters first."
"Thank you, Mr. Xu."
Xiang Lili said happily.
"Don't be too happy. The company will see results if it spends money. So, I'm waiting for your good news."
"Don't worry, I will work hard to develop the company."
< br>“Go.”
Xiang Lily quickly turned around and left.
——
night.
After Jiang Xiaoyang changed into his pajamas, he held the information on Hanhua Mars 1 and 2 funds in his hand and was looking at it intently.
‘Dong dong……. ’
The knock on the door suddenly occurred to me.
“Come in.”
Jiang Weiguo, wearing a cyan V-neck pajamas, opened the door and walked in.
“You haven’t rested yet?”
“Dad, why are you here?”
Jiang Weiguo handed over the milk in his hand, “Mom will warm it for you. Let me bring it to you.”
“Thank you.”
Jiang Xiaoyang took it and drank it one sip after another.
Looking at his father sitting on the chair next to him, "Dad, do you have anything else?"
After nodding, Jiang Weiguo smiled and said: "Your mother told me everything about today. "
"Dad..."
After interrupting her, "Don't worry, Dad has no intention of interfering with your relationship. You make your own decisions. But I will never allow anyone to bully my daughter, do you understand?”
"Thank you, Dad."
Jiang Weiguo nodded and said, "I want to ask you something. Is the valuation of Hongmeng Company really what you said? It is already one billion US dollars?"
< br>"How do you know? My mother told you?"
"Your mother still doesn't believe it. She just went to me for confirmation. To be honest, I was also shocked. As a The municipal official didn’t know that there was such an amazing company in his jurisdiction. He really failed in his duty.”
“Dad, the valuation is just an valuation, which is different from the actual value.”
During lunch, in order to fool Liu Jihong into not interfering with her feelings, she deliberately exaggerated Hongmeng's valuation. But with Dad’s shrewdness, overexaggeration can be harmful.
“I know this. The valuation is very high, but how much is the actual value of Hongmeng?”
“I don’t know. Only by getting accurate financial data can we give To give a relatively accurate valuation, I don’t have Hongmeng’s financial data for 2000.
But I estimate that its valuation is between 600 and 800 million US dollars.”
"Now that global technology is shrouded in the context of the Nasdaq crisis, can Hongmeng still have such a high valuation?"
Jiang Xiaoyang nodded.
“Hongmeng is different from those Internet companies with weak profits. Its gaming business and Internet business are very profitable, and its model is clear and sustainable.
Capital is not stupid. , have the ability to identify what a truly good company is.
Moreover, it is precisely because of the current Internet winter environment that there is a shortage of good companies, and capital may give higher valuations to snatch real value. company. "
Jiang Weiguo nodded. Although he didn't know much about the Internet and the financial industry, the basic logical thinking in the business field was similar.
There are always people clamoring for good companies.
"It seems that I will pay more attention to Hongmeng Company in the future. It is rare to have such a golden phoenix. If it flies to someone else, your father will be completely embarrassed."
"Then you'd better do it quickly. Hongmeng is developing very fast, and it will also start financing this year. By then, its shine will be impossible to hide."
Jiang Weiguo nodded, "Hongmeng Development If it’s so good, why do we still need to raise funds?”
“Of course it’s for the international market. This year, while continuing to consolidate the East and Southeast Asian markets, they will also explore the European market, which is a huge money-spending market. A place where water flows.”
Jiang Weiguo nodded.
"Okay, I understand. You have a good rest, I'm leaving."
"Yes."
After watching his father leave, Jiang Xiaoyang took out his mobile phone and dialed. .
It didn’t take long before the call was connected.
"Hey, haven't you slept yet?"
"Not yet."
"Don't women have to take beauty sleep?"
"You know a lot "By the way, I forgot to tell you something."
"What is it?" Xu Liang asked curiously.
"You successfully deceived my mother, and then my mother conveyed it to my father. Now my father is also shocked by the scale of your Hongmeng. As expected, good policies will fall on your Hongmeng in a few days." Jiang Xiaoyang smiled.
“Really? That’s great.”
“From your tone, Hongmeng is still short of money?”
“There is no shortage of money, but there is no shortage of money. Background. When Magistrate Jiang comes to Hongmeng, we can raise the flag of the tiger and scare those ghosts and monsters, and Hongmeng Huaxia can also raise funds later," Xu Liangdao.
New Dream’s debt is so high, but no one is ever in trouble.
The 'Top Ten Innovative Enterprises in Capital City' signboard, as well as the photo of Governor Jiang, him, and New Dream's senior executives occupied a large part.
So he also wanted to come to Hongmeng, and now he finally has the opportunity.
"What are you afraid of? If someone really uses a damaging move, why don't they just come to me?" Jiang Xiaoyang said.
"I don't want the relationship between us to be mixed with too many profit factors."
Xu Liang's words hit the point, instantly making Jiang Xiaoyang's heart soften.
"The feelings between us are not mixed with interests, so you are not allowed to fight alone when something happens, you know?"
"Don't worry, I'm not that stupid. If I really can't handle it, I will definitely ask you, the big boss, to come forward. ”
“That’s enough. It’s late, so hang up.”
“Well, good night.” Good night.”
Xu Liang put down his phone and looked happy.
“What an unexpected surprise.”
The next day after receiving the call, Hongmeng welcomed Jiang Weiguo for inspection.
Xu Liang personally accompanied him and walked up and down in a circle. After having a full understanding of Hongmeng, Jiang Weiguo left.
Maybe it was work related, but he didn’t ask about the relationship between Xu Liang and his daughter.
Thank you to the book friend "Ximen Liangren" for the 100 starting coin reward. Thank you very much.
(End of this chapter)