B站 Revenue Tracker 'Er Guan' Exposed: Can't Even Get a Fiscal Year Right While LARPing as an Industry Insider — Tower of Fantasy Drama Escalates

A B站 (Bilibili) creator who built his entire brand on being an 'industry insider' doesn't even know that A-share listed companies in China use a calendar fiscal year. That's not a joke — it's exactly what happened when revenue tracker 'Er Guan' (二观) tried to defend his Tower of Fantasy data by citing 'fiscal year' methodology, only to get absolutely dismantled by NGA forum detectives.

The drama started with questions about the accuracy of Er Guan's Tower of Fantasy (幻塔) revenue estimates. Instead of addressing the data directly, Er Guan tried a bizarre pivot: claiming he 'only discusses fiscal year figures, not monthly revenue' — attempting to use financial terminology to legitimize his numbers.

The NGA post that went viral broke it down with receipts: Alibaba is a US-listed company with a flexible fiscal year; Hong Kong-listed companies typically start their fiscal year in April. But Perfect World (完美世界), the developer of Tower of Fantasy, is an A-share listed company. Its fiscal year IS the calendar year — January 1st to December 31st, full stop. The OP helpfully attached screenshots of Perfect World's annual performance forecast published in January, plus proof that NetEase also reports on a December 31st cycle.

So what does this mean? It means Er Guan didn't even know whether the company he was citing was listed in the US, Hong Kong, or on the A-share market — let alone how their fiscal year works — before throwing around 'fiscal year' as a shield. One commenter nailed it: 'Data published on April 15th, supposedly covering through March 31st? That would mean the annual report was finalized in two weeks. Think about it — that's impossible.' Perfect World's financials were literally still being audited at the time.

Faced with getting called out, Er Guan found himself in the classic internet dilemma. One commenter described his situation perfectly: 'He probably regrets posting that update now. He's stuck. If he deletes it, it blows up. If he doesn't, it slowly explodes. A ton of popcorn-chewing spectators are already gathering in the comments.' That's the internet for you — the more you try to cover a lie, the more holes appear.

Even juicier are the revelations about Er Guan's origin story. Long-time forum users pointed out that he originally emerged from NGA itself (nicknamed '泥潭' or 'the mud pit' by users) before pivoting to video content, and his original motivations were always questionable. 'This was always just filling numbers into an Excel sheet — I never understood why people treated it like gospel,' one commenter wrote. 'As if financial data is something you can figure out by reading a leaderboard. Too many students in this community.'

As for his 'industry insider' credentials? Users aren't holding back: 'Who told me he was an insider? A NetEase middle manager?''He's only an 'insider' when it helps him win arguments.' From self-proclaimed industry expert to someone who doesn't grasp basic fiscal year concepts — the persona has completely collapsed.

There's also a spicy undercurrent to this whole saga. Multiple commenters noted that Er Guan's Bilibili comment sections are dominated by miHoYo fans (米家 players) — and given that Tower of Fantasy is a direct competitor to miHoYo's titles like Genshin Impact and Honkai: Star Rail, the objectivity of his revenue estimates suddenly looks a lot more suspect. As one user put it: 'You don't need to spell out what kind of fanbase that implies.'

As of this writing, Er Guan has not issued any official response. But as one commenter wisely advised: 'The more you say, the more you mess up. Better to just go radio silent.' Given that he's already 'stuck' in his current position though, this fiscal-year-fueled persona collapse is far from over.