Reborn as a tycoon in Hong Kong

Finally, there is the annual report of Asia Star Media Group. The annual report of the entire group is composed of various subsidiaries.

Asia Star Media Group has subsidiaries such as Asia Television, Star Pictures, Star Cinema, Asia Star Records, ATV News, Star Daily, Movie Fortnightly, Star Printing Factory, and Sanwei Bookstore (Publishing House).

Among them, the weekly magazine published by Film Biweekly is related to movies and tends to be artistic, so the sales volume is not very high. Fortunately, the unit price of the magazine is not low, so the company does not make ends meet.

Film Fortnightly is still operating the "Asia Golden Dragon Awards", a film award for the Asian region, but it started operating this year in 1980. It collects outstanding films released in Asian countries this year, and then officially holds the awards from the beginning of next year.

Therefore, although the current performance of Film Fortnight is not very good, the company has not made much investment yet, and it is a company that can barely balance its income.

However, starting from this year, with the holding of the "Asia Golden Dragon Awards" film festival, the company's expenses will definitely be considerable. After all, whether it is sending employees abroad to collect information about outstanding films or inviting relevant crews to attend an awards ceremony in Hong Kong, it costs money.

Fortunately, the broadcast rights can be sold and some costs can be recovered to some extent, so even if there is a loss, the loss will not be big. In addition, the holding of the film festival is beneficial to the entire media group, so this is a necessary expenditure.

The entire Asia Star Media Group borrowed HKD 500 million from HSBC in March 1979. The funds were allocated to various subsidiaries below, of which Asia Television naturally accounted for the majority.

Asia Television itself still has a lot of funds left. With the group's capital injection again, the company is not short of money at all. It goes without saying that the equipment such as costumes and props will be updated. Even the budget of each TV series is much higher than before. And an increase in budget can improve the quality of TV series.

In this era, the quality of those popular TV series is very high, even more so after you are willing to invest in them.

In this year of 1979, Asia Television has been suppressing TVB in terms of ratings. Most of the time, the ratings ratio is 7:3. Only a few programs can't beat TVB.

Big investments certainly pay off.

However, in the annual report, it was reported that TVB has also begun to increase investment. Now it is found that this trend has already occurred. Lin Baicheng is not surprised by this. After all, Run Run Shaw and others are not stupid. In order to restore the ratings of TVB Rates definitely make a difference.

Last year in 1979, Asia Television's net profit was HK$31 million, HK$13 million higher than the year before.

Star Pictures, the company shot a total of six movies last year, of which Cheng Long starred in three, and the remaining three starred others.

Two of these six movies have a very good box office. The local box office in Hong Kong exceeds 6 million Hong Kong dollars. The box office of another two is more than 4 million Hong Kong dollars. The remaining two movies only have a box office of just over 2 million Hong Kong dollars.

However, even with the lowest box office of around 2 million Hong Kong dollars, after deducting the theater chain's share, Star Pictures, which has over 1 million Hong Kong dollars, still makes a profit, but not much.

Of the six films produced by Star Pictures, only the three films starring Cheng Long cost more than HK$500,000 to shoot, and the remaining three films cost only HK$200,000 or 300,000. This is the normal production cost of a film in this era. .

In 1979, Star Pictures itself had a net profit of HK$13 million, which was not low. We also need to make sure we have overseas market revenue and peripheral revenue, otherwise we won’t be able to make so much money just from box office share.

In addition to Star Pictures' own production business, the company also has three companies with high stakes, as well as the company's own distribution business. In the Xiangjiang Film Market, if you want your film to be screened at Star Cinema, the distributor of the film must find Star Cinema, and Star Cinema can earn a distribution fee. This is basically a guaranteed profit business.

Among Xu's Pictures, New Arts City, and Seven Little Fortunes, the first two Star Pictures only hold 20% of the shares, while the latter one holds 51% of the shares. In fact, it can be said that this company is a subsidiary of Star Pictures.

This year, with the support of Star Pictures, Seven Little Blessings Film Company has made four films, while the other two have only made two films. It's not that these two companies don't have production funds, it's just that the theatrical release schedule is limited, and you can't just shoot a movie if you want. Star Pictures supports Seven Little Fortunes to shoot more movies, while the other two companies only have two movies. screening quota.

But even so, the total box office of Seven Little Fortunes, which made four movies, is only a little higher than that of Hui's Pictures, which only made two movies. The comedies of the three Xu brothers are still very popular in the market, and people are willing to Go to the theater and pay the bill.

But because of the different shareholding ratios, the share that Star Pictures can get from Seven Little Fortunes is much greater than the share that it gets from Xu Films. After all, one company can get 51% of the share, but the other can only get 51% of the share. You can get 20% share.

7.5 million Hong Kong dollars, this is the profit share that Star Pictures can get from the three participating companies. It's just that for the development of the three companies, all profits will definitely not be taken away. This is just reflected in the data when the annual reports are compiled.

18 million Hong Kong dollars, this is the net profit of Star Pictures in 1979 after deducting various expenses. It can be said to be quite good.

Star Cinema currently has a total of 32 cinemas in Hong Kong. The company will no longer expand in terms of cinemas in the short term. The theater chain basically covers areas with a large population and developed economies in Hong Kong. If there is any expansion in the future, we will only continue to build theaters after the economy develops in a few years and we are sure that building theaters in a certain area can guarantee profits.

To be honest, the current 32 cinemas of Star Cinema are enough to cover the entire Hong Kong area.

The total box office of the Xiangjiang Film Market last year was higher than the year before. As a theater chain that makes money by sharing box office, Star Cinema's revenue and profit last year were naturally higher than the year before.

Star Cinema's net profit last year was about HK$12 million, but its net profit last year was HK$25.5 million, more than double the growth rate.

This is not because the total box office of the movie market last year was more than double the total box office of the previous year. There are three main reasons. First, the total box office of the movie market has indeed increased; second, last year there were not only 20 or 30 theaters at the beginning of last year, so the performance last year will be low; third, the claw machines and arcade machines placed in the theaters also Theaters provide some profit.

Next is Asia Star Records. The record company has promoted several new singers last year, such as Zhang Guorong, and the company has also recruited top-tier singers to join the company, so the record company's development is pretty good.

However, last year when record companies were poaching first-tier singers, they had to pay a price, so they invested a lot, which affected the company's profits last year.

7 million Hong Kong dollars, which is the net profit of Asia Star Records last year. Compared with the net profit of its peer Polygram Hong Kong, which is at least 20 to 30 million Hong Kong dollars, it is really not high at all.

Fortunately, companies have grown from small to large. Asia Star Records has the support of the entire Asia Star Media Group, and its development speed has been very fast. Therefore, there is no need to worry about not being able to compare with the previous industry leaders, and it will even surpass it in a few years. PolyGram.

ATV News, a newspaper that specializes in entertainment news, has received the resources of the entire group. It can interview actors from the TV station and some exclusive news, so it can be said to be developing quite quickly.

Although the current scale of ATV News has not reached the level of daily sales exceeding 100,000 copies, it has also exceeded 50,000 copies. The performance can be said to be quite good.

The performance of Star Daily, which is also a newspaper, is of course better, with daily sales exceeding 100,000 copies. This result is already the best among Hong Kong newspapers.

Different from ATV News, which is an entertainment newspaper, Star Daily is a comprehensive newspaper, and it is also biased towards business. Because Lin Baicheng has many corporate relationships under his name, he can give priority to reporting some business news, interviewing corporate executives, etc.

Whether it is a commercial newspaper or an entertainment newspaper, once it receives huge support, it will develop very quickly.

Sanwei Bookstore (Publishing House) is engaged in the publishing business of novels. At the same time, the company also has a subsidiary company that specializes in comics. It focuses on the market in Xiangjiang, and the style of painting is biased towards the culture in Xiangjiang.

Star Printing Factory, all the printing business under the group is handed over to this company, such as the printing of newspapers, the printing and publishing of novels, the posters of movies and TV series, etc. Anyway, all printing-related business is handed over to this company.

Not only the printing business under Asia Star Media Group, but also other companies under Lin Baicheng's name, as long as Star Printing Factory can take over, the business will be handed over to this company.

This is the complementary nature of the group. Not only can it do better things for other companies, after all, its own company can do it faster and more confidently, but it can also make some profits by itself. The left hand is the right hand.

80 million Hong Kong dollars, this is the net profit left after the annual reports of the various subsidiaries of Asia Star Media Group are merged, and the group deducts various expenses.

In 1979, the annual net profit of HK$80 million was of course incomparable to that of Galaxy Games, Xingyue Electronics, Hutchison Whampoa, etc. under the name of Lin Baicheng. However, as far as Asia Star Media Group itself is concerned, this annual report performance is already considerable. Not bad.

Asia Star Media Group's investment will be relatively small, and the publicity attribute of the media is very important. Even if it does not make money, Lin Baicheng still has it in its hands, not to mention that the group itself can make a lot of money for Lin Baicheng every year.

After reading the annual report of Asia Star Media Group, Lin Baicheng had finished reading the annual report of the company in Xiangjiang. He still had the annual report of the company in Japan to read.

Let’s not talk about Lin Baicheng’s companies in Japan and the subsidiaries of other companies in Japan. After all, the annual reports of the subsidiaries are already reflected in the annual reports of the parent companies of the relevant companies.

Bailong Commercial Co., Ltd., Zhiyin Comics Publishing Company, Baihuifeng Co., Ltd., Lin Baicheng still has only three companies in Japan.

The first is Zhiyin Comics, which is solely owned by Lin Baicheng. The year before last, due to the company's aggressive expansion, the company was unable to make ends meet, with some revenue, not to mention profits.

Last year, Zhiyin Comics still expanded in the channel area, but the investment was not as large as the year before. In addition, the entire channel was generally stable last year, and the benefits brought by the Xingyue console sales, so the company even added The investment in channel expansion is still profitable.

2.4 billion yen, which was the net profit of Zhiyin Comics last year.

2.4 billion yen, converted into Hong Kong dollars, is 48 million Hong Kong dollars. If converted into US dollars, there is only a little over 10 million US dollars left.

The reason why Zhiyin Comics was able to achieve such high profits last year was mainly due to the US$20 million in revenue from the sale of the Xingyue console. In addition, the company's own comic performance was good. After deducting the main expense of channel expansion, it finally returned A net profit of 2.4 billion yen remained.

In terms of comics, Zhiyin Comics can bring more than 10 million Hong Kong dollars in profits to the company this year, which can be said to be quite good. Lin Baicheng is still satisfied with this. As for the profit sharing from the Xingyue console sales, there is no need to talk about it. After all, it was arranged by Lin Baicheng personally, and it was not business obtained by company executives from other companies.

Baihuifeng Co., Ltd. is much better than the year before, but the company's profit last year was not that good either.

In the artist business, Matsuda Seiko has just started to develop and has not yet become popular. The others are even newer, and the record and production business have not made much progress. Fortunately, the company can support itself and will not let the bosses subsidize money. It would be nice to do this.

Lin Baicheng is not familiar with the entertainment industry in Japan, so the development of Baihuifeng Co., Ltd. can only rely on the company's management and Yamaguchi Momoe's own efforts in the future. The only help Lin Baicheng can provide is to carry out operations when the company is short of money. Inject capital to prevent the company from dying.

Lin Baicheng didn't care about Baihuifeng Co., Ltd.'s performance. Even if the company lost money every year, as long as the losses every year were not too outrageous, he would be willing to foot the bill, just because of those beauties.

Finally, there is Bailong Commercial Co., Ltd. with the largest assets.

The company was still investing at the beginning last year. Lin Baicheng used the company's funds to go long gold futures. The settlement was completed in October, with a profit of 528 million US dollars. Lin Baicheng and Iwasaki Mineryu directly took away 400 million US dollars, leaving only The company's accounts were left with $128 million.

In this company, Lin Baicheng and Iwasaki Mineryu each invested US$100 million. Counting the remaining US$100 million in investment profits and the US$150 million the company borrowed from banks, the company's total capital investment is nearly US$500 million. into the real estate industry.

At present, the company's real estate business is developing quite well. It has accumulated a lot of land and developed several parcels. One of the parcels was sold after the residential development was completed, so the company has revenue and profit.

However, compared to the company's huge investment, those revenue profits are nothing at all.

Revenue and profit are difficult to calculate because many lands are not sold regardless of whether they are developed or not. On the contrary, net assets are easier to calculate.

After the land is developed, whether it is sold or not, the value will definitely rise. In addition, Japan's real estate industry is recovering, so the company's asset size has increased, reaching nearly 600 million US dollars.

The increase is not too much, mainly because there is not enough land development. As more and more land is developed and the value of real estate continues to increase, the company's net assets will continue to increase.