Translator: Atlas Studios Editor: Atlas Studios
Moreover, as an online novel website, the true key did not lie in this simple commercial fee.
Indeed, Ling Xiaoyi continued to smile as she dropped the bomb. “If we only count the various type of copyright sales from the works, the annual net profit will be around four million.”
Six million worth of investments, with four million net worth of yearly profits! This ratio was already rather horrifying, especially that 800,000 daily IP! And most important of all, there were already people below who had discovered that, and a family descendant who was a quick thinker exclaimed. “Sister Xiaoyi, this reading website, it hasn’t been largely promoted by Sangle, right?”
“Yes.” Ling Xiaoyi nodded. “These are only what Young Master has made out before, and currently, our biggest competitor, Turkey Bookstore, is already faltering in terms of performance—its daily IP has already plunged past the 400,000 mark.”
Ssss—!!! There were noises of people drawing cold breaths all around.
Moreover, this was when Sangle hadn’t even largely promoted it, should it acquire Sangle’s advertisement resources, not to say that the turnover would double, even if it increased just by half, the 1.2 million daily IP would be enough to dominate the entire online literature industry!
And just as everyone received another shock, Hong Dali was still sleeping. “Hu… Hu…”
At this point in time, there was already quite a number of people who had started to focus on Ling Xiaoyi. It was because they knew that those things started up by Hong Dali definitely did not only amount up to those two.
Indeed, Ling Xiaoyi continued to report, “The concert that Young Master held for Miss Nianwei amounted to approximately three million. The current earnings and the dividends amount to 3.6 million from the website downloads, as well as Caiwei Entertainment.
“The current rate of increase in the download counts on the website has started to slow down. We predict that the total download dividend can approximately reach five million within the year. The entertainment company, on the other hand, currently amounts to approximately 30 million worth of market value.”
If those earlier were considered heavy bombs, then this one was absolutely a nuclear bomb!
Three million worth of investment, 35 million worth of return!
This was literally a legend, an absolute legend!
Close to 12 times worth of profits! A full 12 times! Which descendant present could achieve that?!
“This…” Hong Tu knew that Li Nianwei whom Hong Dali had promoted was very famous now, but he had never thought of her becoming that famous! Three million put in to run a company worth 30 million, that was a miracle!
The descendants below almost broke down as well. “This… isn’t this too much? This is cheating! Cheating!”
All the faces of the descendants turned green.
For Ye Lai Xiang, the 200% profit was already exaggerated enough, with the sudden emergence of a profit 12 times as much, who could stand it?
Even the Number One genius of the family, Mu Yuxi, became rather anxious.
After all, the maximum she had achieved was only up to 80% and below, it was truly very difficult to achieve anything higher.
“That’s not right! The way you’re calculating isn’t right!” Hong Anbao’s forehead was filled with sweat, as he suddenly thought of something and desperately exclaimed. “The way you’re calculating isn’t right! That entertainment company that Hong Dali started was acquired by purchasing the entire Chenhui Building! That investment must be counted as well!”
Upon hearing Hong Anbao’s words, the surrounding descendants all agreed in unison!
Right, it must be counted that way! Otherwise, that rate of profit would be too horrifying, it would scare people to death! Not to say otherwise, there must be a place for opening an entertainment company, right? There must be employees, right? There must be some construction done, right? All those had to be counted in the capitalized cost.
“You must be Young Master Hong Anbao, right?” Ling Xiaoyi’s expression was extremely calm as she was not the least surprised upon hearing Hong Anbao’s analysis. Thus, she smiled and said, “Those will be reported later, they belong in the housing estate projects.”
“That… Fine!” Hong Anbao grit his teeth. “We’ll calculate the total profit rate by then to make it fair.”
What he meant was, “Don’t think that you’re doing well just because of those independent projects. Once you count in those housing estates, the total profit rate will definitely be pulled down!” Not to mention others, he knew that Hong Weiguo had purchased nearly a billion yuan worth of land for Hong Dali! All those had to be announced!
Cough cough! Hong Tu coughed loudly for a moment as he calmed himself down, smiled, and said, “Miss Xiaoyi, please continue.”
“Okay.” Ling Xiaoyi smiled as she continued to report, “Young Master had previously purchased 400 pet dogs, plus the maintenance fees and labor expenses, it totals up to an expenditure of 1.6 million, and currently, the total value produced is 20,000 yuan.”
PU— This time, Hong Tu obviously failed to swallow his tea as he violently coughed. “That, are you sure that you didn’t make a mistake?”
In the future, he wouldn’t ever drink his tea while listening to Ling Xiaoyi’s report. Otherwise, he would choke to death for sure…
“Hahaha, that big prodigal, if the previous ones were all heavy bombs, then this time it could be seen as a gentle breeze for everyone.” All the descendants below instantly had a good laugh. “See, I’ve said that he’s definitely achieved all these only because he was immensely lucky. Now, this is right, hahaha!” “That’s right that’s right, invest 1.6 million and produce a total value of 20,000 yuan—that’s definitely going to make him suffer losses till his death!”
Mu Yuxi couldn’t help but cover her mouth and chuckle as well, after which she slowly shook her head and muttered under her breath. “Sigh, I don’t know what he was even thinking.”
Hong Anbao, on the other hand, was so happy that he almost jumped. Invest 1.6 million and produce 20,000, that was literally digging his own grave!
To think of it now, his position should be secured now! Haha!
Hong Dali continued to sleep soundly. “Hu… Hu…”
“That, Miss Xiaoyi,” Second Elder Hong Wei, who was smiling all along at one side, couldn’t stand it anymore. This profit rate was really a little too pathetic. “Are you sure you didn’t report this part wrongly?”
He had meant well in reminding her about that, and in actuality, his thoughts were that even if Ling Xiaoyi sold a part of those pet dogs mentioned to exchange a return of two to three hundred thousand, that was reasonable as well. With his position, it would not be an issue for him to close one eye and not ask anyone to investigate about it since it was not a big amount. Thus, he did have that little bit of authority to do so.
“Respected Second Elder, greetings.” Ling Xiaoyi gracefully bowed towards Second Elder Hong Wei and said, “As Young Master’s Number One lackey, I have to think for Young Master. This part is not finished, I will still bring it up during the later parts.”
“Well, fine then.” Upon hearing what Ling Xiaoyi said, Hong Wei nodded. “Hopefully, there will be a surprise later. Continue, then.”
“Okay.” Ling Xiaoyi continued her report, “Young Master filmed the micro movie Unexpectedly! , and currently, two episodes of it have been uploaded to the Internet, with a total investment of 30,000 yuan. The download dividends are currently 1.65 million yuan, and its predicted commercial value is 4.8 million yuan. Of course, that advertisement portion has already been declined by Young Master.”
Hong Tu: “…”
Hong Wei: “…”
Hong Ying: “…”
Mu Yuxi: “…”
Hong Anbao: “…”
The others: “…”
“30,000 worth of investments?” Though Hong Tu had lived for over 70 years but only felt that his whole life’s worth of sweat was not as much as those he had dripped today. “1.65 million worth of download earnings? Are you sure you didn’t report it wrongly?”
This was cheating! 30,000 worth of investments with 1.65 million worth of earnings—50 times the rate of return!
Thus, Hong Tu felt that his heart was not enough to take what he had experienced today, perhaps he should get some quick result heart rescuing pills prepared for his needs every now and then.
“It has indeed been reported correctly.” Ling Xiaoyi smiled and said, “In actuality, this amount has been constantly increasing, and we predict that the total download count for this year will be approximately three million. Young Master has said that this is a serialized micro movie, with every one episode every two weeks, totaling twelve episodes.”
Thirty thousand for two episodes, 50,000 yuan. Twelve episodes mean 300,000 then, but merely two episodes in one year have a download count of three million. At least two million. That will make 12 million for 12 episodes!
Three hundred thousand worth of investments for 12.5 million produced—40 times the return!
Suppose that those descendants previously had above 50% of the annual net profit rate, that person was already counted as a genius. What about Hong Dali now, how should he be addressed? A demon?!
The key was that Hong Dali’s attribute of being a prodigal could be said as being rooted deeply in the hearts of the people, and combined with that, a demonic prodigal?!
Many descendants had the urge to strangle him as they thought, “Such a squanderer like you can still earn so much money, how can others live? You’re going against nature, right? You can’t bully others like that!”
Hong Dali: “Hu… Hu…”
Hong Tu looked like he had found a treasure house as he smiled extremely gleefully, then shook his head and helplessly said, “That little rascal, he’s pretty capable at starting things up. Invest 300,000 and produce 12 million…” After which, he pressed against his chest. “Aiyo, wait while I calm myself down first…”
As for the descendants below, their faces had turned green.
It was as if when compared with Hong Dali, their startups were all just child’s play, only those by Hong Dali were counted to be lucrative!
The problem lay in how many people had heard of some news before had understood that, in actuality, those that Ling Xiaoyi had said were only the tip of the iceberg. Hong Dali, in his efforts to squander, had started up just too many things. For instance. Hong Anbao.
He was now so frightened that his face went deathly pale, and he didn’t even dare to say anything anymore. After all, he was still unsure of what was in store for him later.
Mu Yuxi couldn’t help but shake her head. Ye Lai Xiang with a profit rate of more than 200%, twelve times the entertainment company, and now a micro movie which was 40 times as much… That made her extremely anxious.
She wanted very much to know what there was still was to be announced. However, she was a little afraid, instead—this type of feeling was very similar to watching a horror movie.
She reckoned that since her first time in the report conference, that was the first time she was listening to the report as if watching a horror movie…
At that point of time, Old Elder Hong Tu was trying hard to regain his composure, while Ling Xiaoyi silently stood there, smiling as she listened to the voices engaged in discussions.
She was not the least bit anxious. As Hong Dali’s Number One lackey, never had Ling Xiaoyi thought that that was not a good title.
Not everyone had the right to be Young Master’s lackey.
The previous night, Ling Xiaoyi, Tang Muxin, and Li Nianwei had already accurately predicted that there would definitely be such a situation today. Thus, Ling Xiaoyi had compiled through the night everything that Hong Dali had started up.
To say without any exaggeration, even Hong Dali himself was unclear about many things.
Eventually, what was compiled together had shocked the three of them greatly as well. Ling Xiaoyi recalled very clearly that Tang Muxin only said a sentence after everything was compiled: “Dali, this rascal, his luck is just so…” After which, she went back to sleep in a light-headed manner.
