Chapter 133 A Bit Disheartened

Don't be fooled by the expanding scale of Sweet Fishing Entertainment and its thriving presence in the industry.

When the year-end accounting was done, aside from the "Spider-Man" dividend received in the first half of the year, and excluding the Sweet Fishing Cinema business, the other film, music, and variety show businesses combined only generated a net profit of approximately HK$220 million.

Xiao Ni Zi and Jiang Yu accompanied Su Yehao in the study to handle company affairs.

After she finished reading the documents sent by the accounting firm, her expression was quite melancholy. She said:

"It looks easy for Brother Hao to make money, but I didn't expect so much capital to be invested. After calculation, it turns out that we only earned so little? It seems that it would be better to use the money to speculate in stocks. Buying a few at random would earn more than we do now."

Su Yehao reached for the financial report data and casually asked, "Including Sweet Fishing Entertainment, how much money have we invested in total?"

"Eight hundred million Hong Kong dollars? Nine hundred million Hong Kong dollars? I'm not too sure, anyway, it's almost drained me dry. It feels like I'm doing useless work, just busy for nothing."

Xiao Ni Zi finished speaking.

Jiang Yu nodded in agreement. This year, the share price of Yanwenzi Group has increased by more than 100%, a net profit of more than double.

Thinking about how long they had been busy, putting so much effort into it, but only reaping such a small profit, it was inevitable that they would feel disheartened.

Seeing the problem, Su Yehao comforted them, "The market size is a bit small for now. Actually, it's pretty good to have so much book profit. Don't even think about comparing yourselves to me. It's like hitting a rock with an egg, just asking for trouble."

"Hmph, show-off, is it only you who's amazing?"

"Of course not, it's just that I'm a bit special, and the industries I choose are unusual. Besides, doing business can't just be about net profit. Sweet Fishing Entertainment's brand has already been established. If calculated at a price-to-earnings ratio of twenty, it means that if we send it to the market, it's likely to reap a total market value of four to five billion Hong Kong dollars. Plus, with the concept of Sweet Fishing Cinema, it is estimated that the market value can be increased by another billion Hong Kong dollars."

Su Yehao said calmly:

"If you look at it this way, we've earned several times what we invested so far. You two little rich women, do you want to be major shareholders of a listed company? After the company is listed, you can also use the stock as collateral and invest it in other fields. It just so happens that my Netflix is preparing to launch a new online video business. You can try it out in the mainland then."

Jiang Yu caught on immediately and exclaimed, "A price-to-earnings ratio of twenty seems reasonable, after all, we have Ahao as our backer, maybe it will be higher than this number. I said the business is obviously very good, how come after the calculation, we only earned so little money? You cunning merchants really know how to play, no wonder everyone is busy going public."

"It's not that all companies are suitable for listing. A company like Sweet Fishing Entertainment, whose future income is unstable and whose potential for growth is limited, should indeed be listed. I'll help you say hello to Mr. Zheng. How about listing on both the Hong Kong and A-share markets?"

After listening to Su Yehao, Xiao Ni Zi immediately replied without thinking, "Okay, Brother Hao, you can make the decision for us. If you say it's suitable for listing, then it's no problem. As for the online video company, let's forget about it. It sounds like it's a field that Brother Hao is good at. I'll have to take care of the baby in the future, so I can't work as hard as before."

Jiang Yu: "..."

"...Work hard? It's okay at home, but be careful when you go out. If the media catches you saying the wrong thing, be careful they drown you with their spittle."

Even compared to many high-producing, wealthy people, Nangong Tian's life is like that of a celestial being.

Unlike ordinary people who are struggling for a livelihood, girls like Xiao Ni Zi have a great deal of choice and no pressure in life. Just doing business generates profits calculated in the hundreds of millions, which is very different from a normal life.

Su Yehao continued, "Remember, we have lost the right to say we are working hard or complain about life. This will touch the sensitive nerves of many people."

Knowing that she had misspoke, Nangong Tian stuck out her tongue and hugged his arm, saying, "I know, don't be angry."

Her attitude of admitting her mistake was particularly upright. Su Yehao added:

"I'm not angry. Of course, I know you were pretty busy before, but people earn tens of dollars an hour, and you earn tens of thousands for every hour you work. Others have to work out of desperation, but we treat work as a way to pass the time and enrich our lives. In the Internet age, information is transmitted quickly, and you don't want to be seen as someone who doesn't know the suffering of the people, do you?"

Jiang Yu understood that what he said was right, but of course she had to help her good friend when she was being bullied. She said, "We are very careful outside, okay? You're not teaching your daughter, talking on and on. Nangong, when your son grows up, pull out his oxygen tube in the future."

"..."

This joke was told by Su Yehao to tease his and Nong Qingying's son, and Jiang Yu remembered it.

Su Yehao suffered a loss and had no intention of arguing with Jiang Yu and asking for trouble.

He sent an email to Assistant Zhuang Wei using his computer, asking her to draw manpower from 5s International Financial Investment Bank to prepare for the listing of Sweet Fishing Entertainment.

Listing a company often leads to an increase in asset value.

Out of consideration of avoiding an exaggerated net worth, the listing plans for companies such as 5s Asset Management, tAt which controls many game businesses, TaoBao, and Sihai International Group may be shelved by Su Yehao for a long time and exist as unlisted private enterprises.

Others are single-mindedly thinking about raising money, but Su Yehao is having a headache because his assets are increasing too quickly, making him seem too abnormal. Anyway, there is no need for financing in the short term, and it does not affect normal operations. Not listing can also reduce a lot of trouble and expenses, which is more in line with his actual situation.

After sending the email, he opened his inbox and saw an email from an account marked as "Game Development Team."

This was Su Yehao's note for Vera.

Under the eyes of Xiao Ni Zi and Jiang Yu, Su Yehao opened this email with no expression on his face, but privately he felt very excited.

After loading for a while, he saw several photos of her new winery, including large vineyards and a convertible supercar parked on the roadside.

Vera's family's estate in Lisbon, Portugal, had greatly increased in value because the surrounding area was designated as a new financial city.

They exchanged the third-rate small winery in Lisbon for an old second-growth winery in the Bordeaux region of France, which was not only more beautiful but also larger in area.

In one picture, you could see an old building with green vines climbing on the walls, and a large expanse of flat green lawn in front of the door, which looked more than one level better than Vera's old castle.

Silently closing the webpage, Su Yehao didn't reply to her email for the time being. He was considering finding an opportunity to see Vera again before the end of the year, talk about life ideals, and chat about romance.

A morning passed quickly.

Near noon, Zhuang Wei called.

She told him that the mainland side had taken the initiative to contact him, asking if Su Yehao could buy a few more sets of Three Gorges Dam hydro-generator units as soon as possible.

Anyway, this thing won't run away, and it's more value-preserving than ordinary real estate.

The meaning of the mainland side is to directly mortgage the hydro-generator unit to the bank, borrow money to buy ten hydro-generator units in one go, or issue some corporate bonds in the name of the company...