Chapter 384 The Sad JYP
"Are Is it my sister or you, you, that's what you do to me! I'm so angry! I'll go out to settle the score with him! It's so good!" As he said that, Xia Xue rushed out to find Xia Chen's trouble, but the final result was...
Of course, every time Xia Xue passes through this fiercely, it is not Xia Chen who is being settled, but herself!
In front of Xia Chen, she was always hit and was completely exhausted. She went out to argue with Xia Chen, and in the end she got it, with only endless contempt!
...
Xia Chen is now having more and more tasks, although he is asking for it himself. He wants to build his own entertainment company, but it is not just a test to buy it, so today he came to jyp.
This is the first time he has come to the inside of JYP company.
South Korea's three major brokerage companies are now smentertainment, ygentertainment, and jypentertainment. Xia Chen is actually most optimistic about yg, because yg has the best development prospects.
Xia Chen is holding a report in his hand, which is about his income in the first half of 2013.
In the first half of the year, the three listed companies, sm, yg, and jyp, had three major companies... The cumulative revenue in the 9th half year reached 173 billion won. Compared with the cumulative revenue of 114.1 billion won in the same period last year, the revenue in the first half of this year increased by a very high percentage. It can be seen that k-pop is still on the rise in the world and its revenue will continue to rise.
When looking at it separately, SM's revenue in the first quarter was 56.9 billion won, while the total revenue in the first half of the year was 106.9 billion won. SM, which has been on the market for ten years, has a higher record revenue every year. In the second quarter of this year, sales and staff costs were deducted. SM's net revenue in the first half of the year was 8.7 billion won.
The number 87 is almost within Xia Chen's expectations, but he also felt a little regret for the funds he invested. Just this little profit...
Because of the income speed of SM, Xia Chen doesn’t know how many years it will take to earn enough capital he invested, so it can be said that he is negligent. If Xia Chen is willing to invest in other things, there will be many projects that can double within half a year!
Over the course of a year, SM's net profit can reach 15 billion, but in fact everything will be fine. But in terms of calculation, it is almost 100 million rmb!
Damn! It can't be less!
Not bad. After all, Xia Chen suddenly felt that he was indeed a little loss. But there was nothing he could do about it. It was worth spending some money for his wives.
yg announced a few days ago that their second quarter revenue was 30.59 billion won, while the cumulative revenue in the first half of the year was 60.4 billion won. Compared with the 40.6 billion won in the same period last year, yg's revenue in the first half of this year was 20 billion won, breaking the past revenue record and setting a new high. yg's operating income in the first half of the year was 11.8 billion won. After deducting sales and other costs, yg's profit in the first half of 2013 was 9.6 billion won.
Whether it is operating income or pure profit, yg achieved better results in the first half of 2013 than before.
Simply put, yg's net profit in the first half of the year was 9.6 billion, which is 900 million higher than sm. And you should know that sm is much more than yg in terms of the number of artists! It is completely unbiased in terms of operating costs.
As for jyp, it is a real soy sauce bottle, it is just a soy sauce bottle. The income in the first half of 2013 was even negative! Even Nima's fiscal deficit has appeared. No wonder Park Jin-young has to come out to produce albums and make money in activities.
If some changes cannot be made, jyp is really not far from the end, which is why Xia Chen values it now.
"It's not bad, it's just the right time to choose the investment." In fact, jyp still has development potential. Although it is a listed company, if the company can be completely reorganized, there is still hope, otherwise...
Within four or five years, jyp will completely leave the three major economic companies. Whether it can be returned is another matter.
Anyway, most of the companies Xia Chen invests in are companies with not very good conditions at the moment. As long as it can reverse the situation in a short period of time, such companies are actually more worth investing. On the contrary, companies as stable as SM and low-income are not worth investing at all. No matter how much money you invest, your income will not be much.
The main reason is that there is not much room for development, which is the problem, so the most worth investing among the three major brokerage companies is jyp!
Because he had seen SM's building, Xia Chen stopped complaining about Jyp's architecture. In fact, Xia Chen also studied architecture itself. He expressed his dislike for both SM and Jyp's building.
"Why don't there be anyone to pick me up? Brother Zhenying is too disrespectful to me." Xia Chen stood at the front desk, planning to call Park Zhenying.
At this moment, Xia Chen heard a burst of rapid footsteps, and then felt his shoulder sinking, and his shoulder was supported by someone. He looked back...
"Suji? Why are you here?"
"The president asked me to pick you up Oppa. I was in the practice room just now, and they all came here." Pei Suji said panting. Judging from her appearance, she looked really tired.
Xia Chen asked Pei Suji to put his shoulder on his face and turned his face, "You'd better get a breath first. How can you lead the way like this? Is it necessary to be so anxious?"
"I originally wanted to arrive first than Oppa, but later it was delayed because of something." Pei Suji calmed down a little. In fact, it was not what she wanted to run over, but she was delaying some things on the road for a while, and then found that she was late, so she was running over.
In this way, Bae Suji took a break before the two set out to where Park Jin Young is now.
That seems to be a JYP recording studio.
Although they are much weaker than SM and YG in terms of strength, they are absolutely unambiguous in recording equipment, and they are basically the highest-end ones. It can be seen that Park Jin-young attaches great importance to this aspect. Compared to management, Park Jin-young is actually more like an artist, not a president!
When Xia Chen came, he happened to be recording a song, and then this guy watched it while watching without disturbing him.
"Brother Zhenying also released an album?"
"Out, why don't you? Oppa, you are too ignorant. The president has been publishing albums all the time!" Yang Hyun-soo of YG and Lee Soo-man of SM are actually both singers, but at this point, they will not produce any songs anymore. They have all turned to behind-the-scenes management. Only Park Jin-young can maintain his identity as an artist until now.
As for the pros and cons, this is really hard to judge.
Bae Soo-ji looked at Park Jin-young who was recording seriously and sighed. As the main artist of the company, she was very clear about the company's situation, but she had no intention of leaving the company. Jyp is actually quite good for artists.
At least this 55% share is still 30% share after five years of sm's exploitation. I don't know how much better it is!
The biggest beneficiary is of course Bae Suzy himself. The trip is not too much, but the money he earns is still more than the two or three people in Girls' Generation combined. This is the benefit of the high share.
"Oppa, can you really change the current situation of the company? The company's situation is really a bit bad now..."
"Why? Don't believe in my abilities?"
"No, it's just that the company is really..." It is precisely because of the company's situation that Pei Suji doesn't have much confidence. Jyp is like a patient who needs amputation now. If you can't make up your mind, you will be completely finished after a while...
But even if he made up his mind, no one knows whether jyp can withstand it!
Although Park Jin-young chose to believe in Xia Chen, how many people know about the risks and bitterness?
Xia Chen patted Pei Suji on the shoulder, "Don't worry, with me here, it will be fine."
Although it was just a few simple words, Bae Suzy's eyes lit up after hearing this. It seemed that these words gave her some strength, "Really?"
"I won't lie to you. But if you do this during this period, you may have a hard time." Xia Chen's plan is still relatively complete. The focus of jyp's development will not be in South Korea, but in the entire Asia, and will develop at the same time!
That's right, it's the whole of Asia!
If you only focus on the Korean market, although you can succeed, this development speed is too slow. This is not what Xia Chen wants! (To be continued...)
...
Chapter completed!