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A Closer Look at CMGE Leading Game tells us how much in trouble this little
known Chinese Company is.
Every month, Newzoo and TalkingData publishes the Top 10 Android App Stores in China (Link). Here you
can see the list:
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
From Distribution Stores As Regulator Tighen The Mobile Gaming Market /China
Link/
Yet, during the 13 2014 Earnings Call, Ken Fei Fu Chang (CMGE CFO) stated:
Okay. So between self-developed and publishing businesses, both 50-50 and in terms of the Joyful Da Yin
Jia is about 25% of our revenue and the top 5% -- the top five games roughly represent 60% of revenue
(Q3 2014 CC Bloomberg Transcript, page 9 of 11)
On a REVENUE of 357.6m for Q4 2014, this means that JOYFUL DA JIA generated approximately
89.4m RMB in sales for CMGE during the quarter ($14.5m / $58m annualized). YET, the game is
present in only 2 of the top 10 App Stores in China? Ouch Sounds impossible this little game
generated the reported revenue right? Impossible especially when you consider the number of
downloads.
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on 360 Mobile Assistant
Shop:
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Joyful Da Yin Jia ( / nor ) does only have a limited number of Downloads
(<80,000) on Tecent MyApp:
Joyful Da Yin Jia () does have approximately 6.8m downloads on Baidu Appstore (no results
for ):
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Joyful Da Yin Jia (/ nor ) is also nowhere to be found on Xiaomi App Store:
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on Wandoujia Appstore :
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Unfortunately, Joyful Da Yin Jia ( / nor ) seems that this game has been removed
from the Play Store (Link):
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on Huawei App Store:
Btw, does this look like the website for a game that at current Quarterly Revenue Rates is expected to
generate approximately $60m in yearly sales? I would not think so! Only Two Updates in 2014:
http://zjh.cmge.com/
Since AppAnnie does not allow to disclose its data publicly, if you are able to locate the game you can
look at the chart yourself. But hey that's a big IF. OK, let me be straight with you: YOU WONT
BE ABLE TO LOCATE THE GAME.
7
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
BACK TO THE ORIGINS
AH, BTW I almost forgot Game also not to be found on any of the TOP 3 China Mobile
Providers App Stores:
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on Unicoms (China
Mobile Provider) Wo Store:
Website not working properly at the moment / no Screenshot
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on China Mobiles (China
Mobile Provider) App Store:
CMGE: What a wonderful SHORT. Just look at CMGE Top Revenue Generating Game.
Joyful Da Yin Jia ( / nor ) is also nowhere to be found on China Telecom 189
App Store: