Chapter 551: There's No Need To Care About Gains And Losses(2/3)
"Moreover, haven't you noticed that the platform game library is getting richer and richer, and there are more and more fun and excellent games."
"That's right, although 'Minecraft' still dominates, there have been excellent games launched in the past few months, especially in September, when four excellent games were released in a row, although they have nothing to do with Dangkang itself."
"I remember... there are rumors that Dangkang Games has signed a betting agreement with some investment banks, and the bet is on revenue?"
"And Dangkang also launched a mobile version of the platform..."
"..."
Before lunch, Fang Nian received some expected calls.
Among them is Ren Yuxin.
"..."
After a few words of greeting, Ren Yuxin sighed and said, "Mr. Fang is really awesome."
"We have exhausted all methods, but there is no way to stop the steady growth of Dangkang Games' revenue."
"It only took Dangkang two quarters to achieve revenue exceeding 5 billion, which almost equaled our game revenue for the whole of last year. I'm convinced!"
Hearing this, Fang Nian smiled and said: "Mr. Ren, revenue and profit are two different things."
"I have not forgotten our gambling agreement." Ren Yuxin said calmly.
Fang Nian laughed: "Mr. Ren has a misunderstanding on this matter;
The standard provisions for revenue in the gambling agreement are different from the prevailing standards. Actual revenue minus losses and possible impairment of goodwill will be used to calculate the calculation, for example..."
“Dangkang lost 500 million due to the hacking incident in September.”
After a pause, Fang Nian added: "For example, the exclusive mobile version launched by Dangkang Game Platform, including some agency investments, etc., according to the current trend, should only be included in the impairment of goodwill."
Goodwill impairment generally refers to the corresponding impairment losses caused by previous acquisitions, etc.
However, in the supplementary terms of the gambling agreement signed by Dangkang and several investment companies, the scope of inclusion is slightly wider.
This was also one of the important reasons why Dangkang’s monthly revenue was so high at that time and several investment managers were still willing to sign a gambling agreement.
The other is that they don’t think Dangkang can support 6 billion in annual revenue with the revenue from a single game like ‘Minecraft’.
In fact, it really can't be done.
For example, in September, the revenue contributed by ‘Minecraft’ was less than 30% of the platform’s total revenue.
But no one expected that Dangkang Games' revenue would still rise steadily despite being pursued and intercepted by Goose Factory Games TGP and then suffering from a single platform revenue.
As for why Fang Nian still told Ren Yuxin this at this time, of course there is a reason...
After listening to Fang Nian's words, Ren Yuxin fell into a brief silence.
Then he said: "Why did Mr. Fang let Dangkang Games be released exclusively on the Nuwa system?"
"Mr. Ren can be understood as diversion." Fang Nian answered seriously.
"Even if the bet fails, the mobile version of Dangkang Game Platform will never be launched on Android and iOS within this year."
Ren Yuxin pondered for a moment and sighed: "Even if it will cause huge losses now, Mr. Fang still insists on the win-win principle. I admire him!"
"To be honest, at my age, there is really no need to care too much about the gains and losses of one moment and one place." Fang Nianyi pointed out.
"..."
Ren Yuxin ended the call thoughtfully.
This phone call with Fang Nian made him a little confused.
According to the provisions of the gambling agreement and some of Dangkang's current operations, Ren Yuxin feels that there may still be big variables in the 6 billion revenue.
Goodwill impairment is something...
It's a bit scary for Dangkang today.
The 500 million losses from the hacker incident mentioned by Fang Nian, as well as the Dangkang mobile version and "win-win", deeply penetrated into Ren Yuxin's mind.
Later, Fang Nian also received a call from Tan Qunzhao of Shanda Games.
The words are full of emotion.
Shanda Games has been hurriedly launching platform products. Under the overt and covert competition between TGP and Dangkang Game Platform, it can only play a supporting role.
Not much sense of presence.
As the saying goes...
The first and second compete, and the third is gone.
It also includes the phone calls of Liu Qin, Shen Nier and others.
Anyway, when news about the Zhengkang Charity Fund was announced, a lot of people came out.
Fang Nian dealt with it with ease.
Apart from greetings, I basically don’t speak casually, and all have some purpose.
…………
In the afternoon, Ms. Lin Feng took Fang Xin’s child to study at home.
Lu Weiyu took the old man out.
Guan Qiuhe went out in the morning and didn't know what he was doing.
Fang Nian, who was waiting to see the Red Goose show, had nothing to do, so he simply went out for a walk.
Between Bugatti and Audi, Fang Nian still chose Audi.
It's not really suitable for a macho man to drive a Bugatti when he goes out on the street during the day.
After taking a stroll on the street, we finally crossed the Yangpu Bridge to Wujiaochang.
After looking left and right, I made a call to Wu Fucheng.
Not long after, Fang Nian walked into Shangcai.
I walked to the basketball court next to Shangcai Gymnasium and met Wu Fucheng.
"Brother Wu."
"Brother Fang, let me introduce you..."
Wu Fucheng said enthusiastically: "Would you like to play together? The weather is fine today, so we can just play casually."
It was really just a casual play, no one was wearing a jersey, and there were only six or seven people.
Fang Nian hadn’t played basketball in more than a year and wasn’t itchy, but he didn’t refuse Wu Fucheng’s invitation.
We chatted for a while while playing.
It was only in the past year that I learned that Li Zijing had applied for several internships after returning to Shanghai, but failed and went to Sichuan before the National Day.
Wang Jun plans to join the Frontier Internship Department.
The news that the Frontier Project Internship Department was reorganized into the Frontier Internship Department was specially disclosed to all Frontier Campus Clubs.
Not only Wang Jun, but also members of senior clubs in Shanghai universities, including Fudan University, are interested.
Fang Nian only played for a while.
After scoring a few goals, I got off the field without even breaking a sweat.
Wu Fucheng kept sighing: "Brother Fang, you look so thin, you're covered in tendons."
"If you had better jumping ability and the basket was twenty centimeters lower, you might be able to tear the basket off."
Fang Nian curled his lips and smiled: "You are a weakling, and you are still talking nonsense."
"If you don't believe me, you guys are holding me to reach the basket. If I pull it off, I will eat the basket on the spot."
"No, no, no..." Wu Fucheng laughed.
"..."
After finding a random place to sit down, Wu Fucheng took the initiative to ask Fang Nian if something was wrong.
Although Fang Nian said he was bored at home and went out for a walk.
"If you insist on saying it, you have something to do. I want to find out if you want to go to the Frontier Internship Department." Fang Nian said casually.
Hearing this, Wu Fucheng spread his hands: "Do I still have a choice?"
"Why, I'm going to lose you by going to the cutting-edge internship!" Fang Nian was unhappy.
Wu Fucheng quickly shook his head: "That's not possible, I'll just say it casually."
"..."
Later we talked about the ‘Nuwa’ 1 launched by Frontier.
It also includes matters implemented by frontier societies in Jiangsu, Zhejiang and Anhui.
In the end, we inevitably talked about the Red Goose War.
Wu Fucheng's views are from the perspective of a finance student, from microeconomics to game theory, and finally mentioned auction theory.
To be continued...