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Chapter 154 is crazy

Giant cotton textile factory, conference room.

Luo Yin was the only one, and everyone else went to see cotton.

Luo Yin looked at the document in his hand and showed a satisfied smile on his face.

The document states the price of this batch of cotton.

A total of 20 tons of cotton were sold to Jucotton Textile Company at a price of 15,000 United Coins per ton. A total of 300,000 United Coins were required.

The 5,000 United Coin that I had agreed to be a ton of 5,000 yuan now is 15,000 yuan?

Luo Yin had no objection to this because he added a procedure in the middle.

He asked Lun to buy the cotton for 5,000 yuan per ton, and then sold it to the Giant Cotton Company for 15,000 yuan per ton.

In this way, there will be a price difference of 10,000 yuan, and this price difference is Luo Yin's profit!

Although it is also very profitable to sell it to Jumei Cotton for 5,000 yuan, and Jumei Cotton for sale into cotton cloth, it also has a high profit, but this profit is not as high as this price difference.

Local enterprises in the kingdom generally have two major taxes. One is a 25% corporate income tax and the other is a 15% business tax.

These two taxes basically account for 40% of the profits.

In other words, if your company earns 100 yuan, you have to pay 40 yuan in tax.

There is only one major tax on imported goods, that is, import tariffs.

The price of tariffs is different in each market, generally ranging from 10% to 20% of the value of goods transactions. Of course, there are also some tax exemptions and heavy taxes, which are not considered now.

As for the current situation in Qiongbi City, most import tariffs are 10%, including cotton.

In other words, Luo Yin asked the cotton to be sold to Jumei Cotton Company at a price of 15,000 yuan per ton, and only needed to pay a tariff of 1,500 yuan.

[To be honest, I have been using wild fruit reading to read books and follow updates recently, changing sources and switching, and pronunciation aloud for many tones, www. Android and Apple are available.]

Luo Yin can make a net profit of 13,500!

Then Jumei Cotton Company can produce about 0.5 to 0.8 tons of cotton per ton of cotton. The reason why it will float depends on what kind of cotton cloth is produced. Different types of cotton cloths are used, and the cotton consumed is also different.

I sold this ton of cotton cloth woven, and the market price was about 30,000 yuan.

If you pay 5,000 per ton of cotton, plus 1,000 yuan for other machines, labor, loss and other expenses, the cost will be 6,000 yuan.

The cost of 6,000 yuan is sold for 30,000 yuan, making 24,000 yuan. After paying 40% tax, there is still 14,400 yuan left. This is the net profit that Jumei Cotton Company can generate by a ton of cotton.

If the cotton purchase price is 15,000 yuan per ton, plus the cost of 1,000 yuan, the total cost is 16,000 yuan.

Sell ​​30,000 yuan for 16,000 yuan, making 14,000 yuan. After paying 40% of the tax, there is still a net profit of 8,400 yuan left.

Then use this 8,400 yuan, plus the 13,500 yuan earned by selling cotton to Jumei Company before, that is 21,900 yuan!

The same ton of cotton, one generates a net profit of 14,400 yuan and the other generates a net profit of 21,900 yuan. Luo Yin naturally chose the latter.

As for why it sold 15,000 yuan to Ju Cotton Company, it is because the cotton sold by Huancai Textile Company to other companies is 15,000 yuan.

If you feel that the cotton production is a little too high in the future, Luo Yin can sell it to other companies at this price.

And it cannot be sold too expensively. If you sell 29,000 yuan per ton and turn the cost of Jumei Cotton Company into 30,000 yuan per ton, Luo Yin does make money, but Jumei Cotton Company can't make a penny.

Not to mention that Jumian Company has shareholders, there is no need to do so even if there are no shareholders.

Otherwise, if you are a huge physical enterprise, you will not make any profit all year round and don’t even pay taxes, it will be unreasonable. You are not a fool.

As a big taxpayer, Luo Yin actually didn't care about this tax. If Lun hadn't kept reminding him, he wouldn't have thought of these things.

This is all taught by Lun.

Lun also told him that when he has time, he can go overseas. In many small domestic countries, they are low-tax or duty-free areas. By registering an offshore company here, you can legally avoid taxes in some places. This is how some domestic large companies operate.

Luo Yin is very interested in this and has to go there when he has time.

The Giant Cotton Company spent 300,000 yuan on these 20 tons of cotton, and Luo Yin's cost was 100,000 yuan in purchase price and 30,000 yuan in taxes, making a net profit of 170,000 yuan.

This money doesn't even have to be brought overseas. He just needs to turn his left hand and right hand. This is equivalent to transferring the money from Jumei Company to his personal account and saving first-hand personal income tax.

After putting the documents in place, Luo Yin came to the production workshop below.

The employees were excitedly operating the machine, first weaving the screened cotton into threads, and then weaving it into cloth with threads. Some white cotton cloth was formed in this way.

“These cottons are so beautiful!”

Pulan walked to Luo Yin and said with a little excited tone.

Luo Yin glanced at him and found that his eyes were still red. He patted his shoulder and said with a smile:

"How is it, there's no problem?"

"Everything is fine, we have been preparing for so long, there is no problem!"

Luo Yin nodded and said:

"That's good, it's up to you next."

His election for parliament has reached a critical moment, and the next few days are very important. The 500,000 United Coin campaign funds he prepared should also play a role.

Luo Yin is now ranked fourth. If nothing unexpected happens, this MP will be basically stable.

The caravan transporting cotton came to Ju Cotton Textile Factory in the morning. At noon, news about Ju Cotton Textile Factory came to Ju Cotton Textile Factory spread throughout Qiongbi City.

Everyone was in an uproar.

Although a small number of people already think that the fact that Giant Cotton Company can get cotton may be true, when the facts are in front of everyone, there is still a feeling of incredibleness.

Domestic cotton has been monopolized by the fantasy company!

This is not a problem with a few tons of cotton, it means that Ju Cotton Company has found a new channel! It has broken through the monopoly of Fantasy Color Company!

From now on, Fantasy Color Company may have some cost advantages in front of Jumian Company, but the advantage of dimensionality reduction is gone.

Jumian Company is the first company to break out under the heavy siege of Fantasy Color Company!

Perhaps, Giant Cotton Company cannot compare with Fantasy Color Company now or even in the future, but today, it says it ranks second in China, and probably no one objected.

When the news spreads to the city.

The trading market was instantly filled with countless people who were red-eyed and were looking to buy shares of Jumei Cotton Company.

then--

Before 1:00 pm, the largest rating agency in Qiongbi City recommended the share price acquisition of Jumian Company of 12,000 per 1% of the shares.

At one point, the acquisition recommendation rose to 21,000.

At two o'clock, 32,000.

At three o'clock, 45,000.

At four o'clock, 53,000.

At five o'clock, 64,000.

At six o'clock, 71,000.

At seven o'clock, 82,000.

As of 8 o'clock, when the rating agency gets off work, the acquisition proposal for Jumian Company's shares has risen to 90,000.

In half a day, it rose from 12,000 to 90,000!

Some investment merchants in Qiongbi City are crazy. Most of them have never seen such a fierce company with prices rising so quickly!

Eugene, who witnessed all this, went crazy.
Chapter completed!
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