This set of data shows that HowNet's income is insider, and it is a bit interesting to make so much money as an intermediary platform. It stands to reason that an intermediary platform like HowNet can't make much money, and most of the money should belong to the author of the paper. But as can be seen from this set of data, it is obvious that most of the money has been taken away by HowNet. Moreover, this data is suspected of fraud, because according to the number of college students in China, the annual income of HowNet far exceeds 1 1 billion.

1. What do you mean by gross profit margin exceeding 50%?

To be precise, what does it mean for an intermediary company to have a gross profit margin of more than 50%? An intermediary company like HowNet, whose gross profit margin exceeds 50%, is profiteering. If you say so, you don't feel much. Let me put it another way. This is a monopoly. Yes, in terms of company income, HowNet is already a monopoly, and it is still a blatant monopoly. A professor's paper was included in HowNet, and then the professor only took a few hundred dollars. When the professor defended his rights through legal channels, HowNet compensated hundreds of thousands of RMB earned through the professor's thesis. This is monopoly, this is profiteering!

2. What is the concept of annual income exceeding 1 1 100 million?

You think that the annual income of HowNet is far more than 1 1 billion, but in fact, the annual income of HowNet may be far more than 1 1 billion, because according to the current number of college students in China, there are about 37 million college students and 9 million graduate students, assuming that there are 7 million senior students and 2 million students studying in Grade Two or Three. Then the annual income of HowNet should be at least about 65.438+0.5 billion, which is a conservative estimate, because the price of each paper is different, and each student can complete the requirements of graduation thesis without a paper.

HowNet's revenue and gross profit margin are really terrible. HowNet, as an intermediary, doesn't know how much money it earned, and earned most of the money that should have been given to the author of the paper.