Back to eighteen, if I don't stand up, I'll be wasted

Chapter 168 I accidentally gave too much

Yu Mancang was still a little surprised that Li Yi could propose a triple PE.

Based on his understanding of Li Yi, this guy must be maximizing his own interests.

Calculating a PE ratio of five is considered conscientious. If you are a little less conscienceless, you would directly calculate a PE ratio of ten.

But would Li Yi be so kind?
Damn, he definitely has some thoughts about his own daughter!
This piece of shit!

We must not take advantage of him!

He definitely wants the second one. The share given by the first one is too small, and he will not get any share in the future profits.

He calculated silently.

Based on the data of 100 stores, according to the current profit margin, excluding the cost of opening the stores, the profit can reach more than 50 million yuan a year.

If we calculate a PE ratio of five, that would be 250 million.

20% is...

Fifty million?
Crazy!
Why doesn't this bastard just go and rob it!
A PE ratio of five is still too scary, three is pretty good.

We also need to calculate other things, such as the more stores there are, the lower the profit of each store will be, as well as cost investment and future market expectations.

If the amount is less than 20 million, he can still have fun, but if it exceeds 20 million, the risk is too great.

But even after he had a rough idea in his mind, he still felt a little emotional.

Did this guy Li Yi become a billionaire just like that?

All in all, it only took a few months.

Although it is very difficult to cash out 100 million, if he can cash out 40 or 50 million, there will definitely be people willing to take over.

It’s hard to say about Wuyou Media, no one else can do what they do.

However, the model of RiRiXiang and the food delivery platform is not complicated, and many people can do it well after taking over.

"Three times the PE is still a bit high. With a hundred stores in two cities, we should be able to maintain this scale, but profits will definitely decrease. The faster the expansion model, the easier it is for others to copy it. But I won't take advantage of you for no reason. I'll invest 20 million in the platform in exchange for a % stake."

"Mr. Yu, if that's the case, I'll sell it to you directly."

Yu Mancang was talking about investing 10 million yuan in the platform, which means that the money would go into the company's account.

The original total share capital was 85% for Li Yi and 5% each for Liu Hui and the other two.
Once Yu Mancang becomes a shareholder, Li Yi's shareholding ratio will be reduced to 68%, Yu Mancang 20%, and Liu Hui and the other two will each hold 4%.
"You don't want to talk about the price anymore? That's not like you."

Li Yi smiled and said, "It's okay, it's okay. I've worked with President Yu for so many years. Since President Yu has spoken, I definitely won't have any objections."

Yu Mancang: “…”

Who has been working with you for so many years?

You are just a young boy, how old are you?

Originally, he thought that Li Yi would definitely raise the price to 15 million or even 20 million.

And this guy just agreed right away?
Hey?

The Yu family has no money, right?
You don't think that a few million dollars can be used as a betrothal gift to marry your daughter, right?

"Fifteen million, I'll buy it directly from you! Li Yi, business is business, and the Yu family has never had the habit of taking advantage of others!"

Li Yi: “…”

He felt that 10 million was already a lot.

The reason is that he has no confidence that this takeaway store owner platform can maintain such a profit margin for three years.

Not to mention three years, it would be good if it can last for half a year.

Maybe in the first two years, you can make some money with the subsidies from the food delivery platform, but you may not make much in the future.

He had already made up his mind and would slowly look for an opportunity to sell all his shares and then run away.

Controlling the store owner's channels means giving him more bargaining chips, making it easier for someone to take over in the future.

Yu Mancang is crazy, adding another five million?

Just enough to cover his taxes this year. He sold his shares in Wuyou Media and now has shares in a food delivery platform, bringing his income to over 20 million yuan. With a % tax rate, he'll have to pay over million yuan in taxes.

As for tax avoidance...

There is indeed a way.

For example, you can register a company in some remote places. In order to attract investment, those places can exempt from taxes. Although this is reasonable at present, it will be liquidated in the future and you will have to pay back the tax.

Li Yi was too lazy to bother.

As for those tax avoidance methods that are obviously illegal, although there are many of them, he doesn't want to touch them.

There is only one legitimate way to avoid taxes, and that is to spend all your money.

Whether it is investment, consumption, or donation, as long as it is spent, it is not considered income, and the donated funds can even be used to deduct taxes.

Li Yi hasn't figured out what to do yet because the financial structure around him is not yet perfect.

Anyway, he currently has two ideas: either settle the accounts at the end of the year and pay taxes normally, or invest the money in the stock market.

When investing in stocks, settlement will only take place when you sell them.

Although investing in stocks is risky and he doesn't understand the market conditions in recent years, he knows that investing in bank stocks is absolutely fine at this time. The annual dividends are enough for him to spend freely.

As long as you buy stocks at the end of the year, you don’t have to settle the accounts.

The former is easier, but for the latter, he needs to continue to improve the financial structure around himself, or at least find a company to support the money he earns.

"Mr. Yu, are you investing in your own name this time, or..."

"Use the name of veteran investment, but do you really want to expand to Beijing? In my opinion, it's better to operate stably in first-tier cities and reap the benefits for a few more years."

Yu Mancang must also be clear about what he will face after arriving in the capital.

The takeaway shop is not only related to this platform, but also to Ririxiang.

He has high hopes for Ririsang.

If the production capacity is really expanded to 36 tons per day, Ririxiang will be able to generate 600 million yuan in revenue per year.

In his opinion, expanding into two more first-tier cities can also absorb Ririxiang's production capacity.

Taking steady steps will lead to the best results.

Six hundred million in revenue is not a small amount, enough to occupy a place in Yunzhou.

As for the big promises Li Yi had made before, such as annual revenue of 10 billion yuan, he never believed them.

"Mr. Yu, you've overestimated the first-tier cities and underestimated the super first-tier cities. Even though Beijing only has a population of over 10 million, its actual takeout consumption is at least six times that of Yunzhou. If RiRiXiang wants to exceed 10 billion in revenue, it must capture all four super first-tier cities."

Yu Mancang frowned. Li Yi took this step very quickly.

If you take too big a step, you're more likely to mess up. This is definitely not something I say casually.

But based on his understanding of Li Yi, this guy is not that kind of person.

For example, Wuyou Media is now moving forward very steadily and is making steady progress.

After seeing Li Yi off, he began to study the data of the takeaway store owner platform.

The platform has only been established for more than a month, but its growth rate is really too fast.

Basically, the scale has doubled, which is even more terrifying than the stocks in the stock market hitting the daily limit.

If the stock price hits the daily limit, it will take eight trading days. Excluding holidays, the average time is two weeks.

At this rate of growth, in two months at most, the market share of China's first-tier cities will be completely eaten up...

Of course, there is also a prerequisite, that is, there are no competitors.

This expansion is not subject to Li Yi's will!
He does not expand, but some people force him to expand.

As the saying goes, the food and clothing of millions of Cao workers depend on Li Yi. If Li Yi doesn't do it, those people will do it themselves.

"It's indeed urgent! But... Fifteen million is too much. It's only worth eight million at most!"

(End of this chapter)