# Hui-Shuo

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 3612120
- Developer: 时光茶馆TeaTime
- Publisher: 黎羽科技LICOGAME
- Released: 2025 · Genre: Adventure · List price: $4.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $284 to $427 per month (mid $356)
- Opportunity score: $533/month at x1.50 dormancy multiplier
- Est. lifetime owners: 1.1k · Est. lifetime net revenue: $1.8k
- Review sentiment: 93% positive across 71 reviews (33 from Steam purchases)
- Review velocity: 8.5 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 11 months ago
- Last build shipped 11 months ago
- 54% of reviews come from key activations (excluded from revenue estimates)
- Store page localized in only 1 language(s)
- No Steam discount in 4.0 years (deepest tracked: -0%)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $645 |
| After VAT / sales tax (-13% blended) | $562 |
| After refunds (-9.5% median) | $508 |
| Net to developer (after Steam 30%) | $356 |

## Monthly review counts, oldest to newest (4 months)

31, 1, 1, 1

## Missed seasonal-sale revenue (modeled)

Skipped 2 Steam seasonal sale window(s) in the last 4 months. Running a -50% discount in those windows is modeled at +$42 net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Estimated acquisition range

$8.5k to $17.1k (2-4x the trailing net annuity of $4.3k/year). Same error range applies.

## Markets by review language

- schinese: 100%

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/3612120
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.