City: From Inheriting a Courtyard To a Giant

Chai Jing stared too hard after hearing this number. The whole person fell into a sluggish state. It's been a long time. She was not confident enough to smile, and when she came back to her senses, she looked at Qin Yan with an indescribable expression

"Mr. Qin, this number is too shocking." This is a lot of money. It is simply an astronomical figure, and this is only one month's performance revenue. " Cai Jing said in shock

Qin Yan spread his hands, _"Of course it will be a little higher in the first month. In fact, it doesn't matter if it's money or not. I'm optimistic. It's because so many advertisers are willing to cooperate with us, and users also like the ads we push for them."

paused. He laughed and said, "I said before that I don't like money, I'm not interested in money, and now everyone makes a joke about it and laughs at me on the Internet: But it's true, I'm really interested in money Not interested. But I am interested in spending money and seeing the numbers on the books keep growing.”

"Puff up"

Cai Jing laughed again.

The interview is successfully concluded.

But now domestic technology circles, Internet practitioners, Wall Street, Silicon Valley in North America, and capital markets from all over the world have almost all focused their attention on Hongmeng Pan Entertainment.

are already 10

On the 15th, one month and five days have passed since Hongmeng Pan Entertainment realized its profit, and the first month's financial report should come out anyway.

Especially the investment shareholders within Hongmeng Pan Entertainment. I really want to know the exact figure.

In the past year, Qin Yan has been a little heifer drilling a steamer - a real (steamed) cow.

But specifically how 3. You won’t know until it’s steamed

As early as five days ago, the major investment shareholders could not wait to urge the company's financial department to release financial information. Even if it is not disclosed, it must be reported internally.

But Tai Yan was completely in a hurry.

The capital market loves and hates Qin Yan. All kinds of complex emotions are intertwined together.

And under the eyes of everyone, at 8 o'clock that night. Yangma's "Face to Face" was airing soon, and at the same time, Hongmeng Pan Entertainment finally announced the company's first profit report.

After the numbers came out, Shiquan people in the industry were so shocked that they turned pale in horror and read the numbers over and over again.

Because Hongmeng Pan Entertainment focuses on the global market, the business revenue report is based on US dollars, otherwise it will be even more shocking if it is replaced by Tang Yuan.

As of October 1, 2019, Hongmeng Pan Entertainment's first and performance revenue report showed a

one

The pan-entertainment group totaled $230 million in revenue for the month. Among them, the revenue of the advertising business is 100 million, accounting for 76.5% of the total revenue. The rest is the value-added services of the core business, digital music, game business, and revenue from virtual gift rewards.

In this performance and revenue report, the total overseas revenue accounted for 87%, totaling 100 million US dollars. _

Revenue from Hongmeng Weibo was $5.4 billion. , accounting for 3% of total revenue, Wechat through advertising business and value-added services, accounting for 4% of total revenue. Among them, the monthly revenue of the game business is _ 100 million US dollars.. When the total revenue

Proportion in %!

Digital music and virtual gifts make little money. But in the eyes of peers, 1 is also a great achievement

among the major business sectors. The achievements of Hongmeng Weibo and Yeechat, which use real-name social networking, have simply blinded the eyes of most people. The company has truly achieved a financial turnaround. This report card. beat Wall Street analysts' expectations

As for Hongmeng Pan Entertainment, Sanshitian, which has realized profits, has consumed a total of 5.1 billion US dollars in costs and expenses.. This also includes the establishment of branches in 34 major countries around the world and the purchase of office buildings.

operate

Profit, $92 million.

Profit rate, 0.%/___

Net profit, $9.498 billion_

free cash flow. 900 million U.S. dollars. Among them, there are 30 overseas employees. Accounted for _ than 4%.

Chapter 603 The world is boiling! A battle to seal the gods! (5/5)

This detailed financial audit statement. Numerous VC executives repeatedly looked at the fifth product.

Almost everyone was in a state of shock. This revenue data was so dazzling that it was incredible.

Everyone never expected that Hongmeng Pan Entertainment would turn losses into profits overnight. With such a large investment, it still achieved a major financial turnaround, and could not operate at a loss. And after normal financial expenses, free cash flow was once again as high as $9.4 billion. _

Hongmeng Pan Entertainment has easily achieved a financial turnaround by relying on the advertising investment of two real-name social core business segments, with a net profit of ￥900 million. (94

.One hundred million U.S. dollars).

This financial report is a miracle among miracles that blinds everyone.

Without this performance and revenue financial statement, the valuation of Hongmeng Pan Entertainment would only be around US$0 billion. _,

But now?

Based on the price-to-earnings ratio, the value of Hongmeng Pan Entertainment is at least US$ 0 billion, and this valuation may not be able to stop it.

You know, Google's financial report for the third quarter of 2009 showed that its revenue in the third quarter was _7.2 billion US dollars. The net profit is 3.195_ billion US dollars, while the current total market value of Google is 0 billion US dollars.

Hongmeng

Entertainment expects its quarterly profit to be around US$100 million, which is 8 times more than that of Google. Then the total market value should also be such a multiple, which is about 600 million US dollars. _

Of course, it is impossible to achieve such a high valuation, and the specific situation has to be discussed with the capital side.

But this time, everyone's eyes turned red. .

It is particularly worth mentioning that Hongmeng Pan Entertainment is the first and its performance and revenue are terrifying, but it is not reported quarterly. Because in the next few months, the number and enthusiasm of advertisers cooperating with Hongmeng Pan Entertainment will drop sharply, and it will definitely not reach the high level of 100 million US dollars.

But even so, 100 million US dollars still

There is"

And this means that 1 Hongmeng Pan Entertainment will leap to become the company with the highest profit margin among the companies in the technology and Internet sector. The most profitable company e, does this company still need a C round of financing?

This is a question of deep concern to all VC leaders.

It's morning in North America. Wei Ruan Bill looked at the fax of Hongmeng's financial report sent back by his subordinates for the first time. The small shock could not subside for a long time.

"Is this the terrifying income generated by accurate advertising after the real-name and white system is compared through big data? Hundreds of millions of US dollars, almost exceeding Microsoft's peak - quarterly revenue_⊥⊥"

It is impossible to say that Wei Ruan is not envious, jealous or hateful.

Everyone is an instant messaging software_You WeChat defeated my msN, and then showed such a terrifying monetization ability 11: I am so annoying!

Originally, Weiruan's ISN business unit also had a user scale of 1.7 billion in the world. _But it just couldn't bring huge profits to Weisoft. The advertising business revenue in one quarter was less than 300 million US dollars, which is completely different from the advertising business revenue of 100 million US dollars.

But even so, Bill Gates has a temporary horror factor from Hongmeng Panyu for the first time.

In the process, I saw the unlimited potential of cloud computing and data.