Wednesday, January 16.

On the seventh day of the lunar month, Wanbao Group held a large-scale year-end summary meeting with many participants.

All subsidiaries participated.

The meeting was presided over and convened by Gu Miao, President of the Group, and Zhang Chao, Executive Vice President of the Group, summarized and delivered a speech.

There are three main parts to the agenda.

The first part is naturally a summary, since it is a year-end summary meeting, then the subsidiaries and subordinate departments of the group, of course, have to summarize the achievements made in the past year.

In this link, the most eye-catching is naturally the three giants of Wanbao Toys, Wanbao Games and Wanbao Animation.

No way!

Wanbao is a company mainly engaged in the animation industry, and its core business is animation, games and peripheral derivatives. Based on this premise, it is reasonable for the Big Three to perform well.

Surprisingly, in the past year, Wanbao Games has achieved the highest "net profit margin" in the whole group with a number of popular games.

Of course, it's just the profit margin.

Because of the particularity of the game product, although they maintain a high profit margin, the total profit is not as high as Wanbao Toys.

The company's most profitable subsidiary, the largest number of employees, the annual output value is comparable to a subsidiary of a large multinational enterprise, Wanbao Toys is No.1!

As for Wanbao Animation?

It can't be said that it was pulled, but it can only be said that last year's profitability was not very ideal. Mainly supported by "Pokémon", "Yu-Gi-Oh" and "Fruit Treasure Special Attack".

Gu Miao criticized by name.

Mainly criticized Huang Kun, Hou Bin and Guo Hongwei.

They have a large production budget, and although the ratings of the animation they make are very high, the sales of peripheral derivatives are not very good.

Especially "Legend of the Seven Swords".

Guo Hongwei spent a lot of money on this martial arts animation. But in terms of results, this animation is really not much profit, except for earning a reputation for Wanbao Animation.

Someone is dragging the company back, I don't say who......

Gu Miao's yin and yang weirdness made Guo Hongwei, Huang Kun, Hou Bin and others bow their heads in shame.

Seeing that they had realized their mistake, Gu Miao did not continue. Compared with previous years, Wanbao Animation's profits have declined, which can be regarded as a turning page.

Except for the Big Three......

In this year's Wanbao Group, there is another subsidiary whose performance is also eye-catching, and it can even be said that the limelight is not inferior to the Big Three.

That's the Manpowerland Management Company.

The so-called park management company refers to the operation department of Wanbao Pleasant Goat Park, including the property management of animation street, comic street and game street.

This subsidiary has achieved very impressive results in the past year.

In terms of parks, it received more than 10 million visitors during the Spring Festival holiday, Golden Week, National Day and other holidays, with a total of 38.5 million visitors throughout the year.

Ticket revenue alone reached an unprecedented 317 million yuan.

This is still the case of frequent events, discounted tickets, or even "free tickets". If you don't have an event, you might be able to more than double your ticket revenue.

That's not the point.

As long as you are not stupid, you know that the main income of a large amusement park does not come from tickets. Food, accommodation, amusement facilities and souvenir sales are the bulk of the income.

And this part of the income reached 1.036 billion yuan in the past year.

"Very good!"

During the meeting, Gu Miao, who rarely praised her, rarely praised the park management company in a few words.

With a revenue of more than one billion yuan a year, excluding various operating costs, the annual profit is at least four or five billion. For Wanbao Pleasant Goat Paradise, this is a good profit performance.

But that's not all!

In the Pleasant Goat Paradise, the three commercial streets that are intersected by "rice characters", namely the animation street, the comic street and the game street, have collected 571 million yuan in shop rents alone in the past year.

"Really?"

"Fog grass!"

"Are you kidding?"

When the head of the park management company read out the data in public at the conference, almost everyone was stunned.

Nima!

I didn't do anything in a year, and I collected more than 500 million yuan in rent alone, who can keep this stable?

"It's true."

Lao Zhang said with a smile: "I read this financial report the day before yesterday, and I also thought it was incredible, and I went to check it out." ”

"There are a total of 1,096 shops for rent on the three streets, and the average annual rent ranges from 30 to 1 million yuan depending on the size of the lot."

"The rent is so high?"

Gu Miao frowned and said, "I remember that the year before last, the average rent seemed to be only 10,000 a month, right?" ”

"This time and that time!"

"The year before last, no one was sure whether the business here would be good or not, and when we set the rent, we didn't think about making more money, as long as there were merchants settled in, it would be profitable."

Lao Zhang patiently explained: "But last year, due to the amazing flow of visitors to the park, the business of all shops was very good. After consideration, the park management company has raised the rent rate. ”

Sitting on the ground?

Don't rent it if you don't accept it! Anyway, you don't rent, some people want to rent, and doing business in this place is definitely a sure win.

"Okay."

When Gu Miao heard this, he roughly understood why there was so much rental income.

Fortunately!

When these three commercial streets were planned at the beginning, fortunately, Gu Miao did not agree to sell them cheaply, but held all the shops in his hands, only renting them and not selling them.

If you sold it at the beginning, you can't regret dying now?

The amusement park management company, which was originally unknown within the group, became a sweet and sweet spot in an instant with an amazing financial report.

This is also the biggest surprise that Gu Miao found at this year-end summary meeting!

The results of the subsidiaries reported later were not as impressive as those of the park management company. Among them, when Nantong reported the annual performance of Wanbao Comics, there was even a loss.

Yes, huge losses!

Because Wanbao Comics gradually focused its business on webtoons and light serialization platforms, that is, Beep Comics, in order to subsidize creators, Wanbao Comics suffered serious losses last year.

There's no way, you have to grab the market!

There are competitors on the Internet light and comic serialization platforms, both at home and abroad. If Beep Comics and Beep Light want to win favor, they must subsidize creators and attract more high-quality works to the platform.

To put it bluntly, burn money!

Where do you get high-quality comics and high-quality light without burning money? If you don't burn money, will there be authors willing to come to you to mix?

also burned money, a subsidiary with serious losses last year, and Wanbao Video.

This is the old "gold-swallowing monster"!

For Wanbao video, Gu Miao was too lazy to complain about anything. At least last year's loss was a little less than the year before, which is good news.

With such a big stall as Wanbao Group, it is acceptable that comic companies and video websites have been losing money.

After all, there are other companies that make money, and the money they earn is enough to cover the amount of losses of these two, and there is still a surplus.

You can't expect every subsidiary to make a lot of money, right?

Obviously, this can't be.

As long as it is a large-scale group company, there will always be that kind of "loss-making" business under it. There can be no group, and all its businesses are "profitable".

What?

Do you say the prefix of the national character and the prefix of the Chinese character?

A group that engages in monopoly business, although it sounds like a lot of profits, it is impossible to lose money with your eyes closed. But in reality, they also have loss-making divisions or subsidiaries, but the profitable divisions are too strong.

A white covers a hundred ugliness.

As long as the profitable departments/subsidiaries are strong enough, the remaining departments/subsidiaries are all loss-making?