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From January to August, the profit of steel and other industries increased year-on-year.
Add time：2018-09-29
Main economic benefit indicators of state-owned enterprises in 1.
(I) total operating income. From January to August, the total operating income of state-owned enterprises was 37003.47 billion yuan, an increase of 10.3 percent over the same period last year (the same below). (1) Central enterprises 21619.75 billion yuan, up 10.6. (2) Local state-owned enterprises 15383.72 billion yuan, up 9.9 percent.
(II) total operating costs. From January to August, the total operating cost of state-owned enterprises was 35573.95 billion billion yuan, an increase of 9.7 per cent, of which sales, management and financial expenses increased by 7.1 per cent, 9.6 per cent and 14 per cent, respectively. (1) Central enterprises 20510.98 billion yuan, an increase of 9.9 per cent, of which sales, management and financial expenses increased by 6.5 per cent, 9.2 per cent and 9.3 per cent, respectively. (2) Local state-owned enterprises 15062.97 billion yuan, an increase of 9.3 percent, of which sales, management and financial expenses increased by 7.9 percent, 10 percent and 18.2 percent, respectively.
(III) realize profits. From January to August, the total profits of state-owned enterprises totaled 2303.19 billion billion yuan, up 20.7 percent. (1) Central enterprises 1500.51 billion yuan, an increase of 21.2. (2) Local state-owned enterprises 802.68 billion yuan, up 19.7 percent.
(IV) taxes payable. From January to August, the tax payable by state-owned enterprises was 3006.92 billion yuan, up 8.6 percent. (1) Central enterprises 2147.46 billion yuan, up 6.6. (2) Local state-owned enterprises 859.46 billion yuan, up 13.9 percent.
(V) assets, liabilities and owner's equity. At the end of August, the total assets of state-owned enterprises were 173880.46 billion yuan, up 8.4 percent; the total liabilities were 112830.91 billion yuan, up 7.6 percent; the total owner's equity was 61049.55 billion yuan, up 10.0 percent; (1) the total assets of central enterprises were 79071.6 billion yuan, up 7.4 percent; the total liabilities were 53593.51 billion yuan, up 6.8 percent; and the total owner's equity was 25478.09 billion yuan, up 8.8 percent. (2) The total assets of local state-owned enterprises were 94808.86 billion yuan, up 9.3 percent; the total liabilities were 59237.4 billion yuan, up 8.4 percent; and the total equity of owners was 35571.46 billion yuan, up 10.9 percent.
(VI) ROE. From January to August, the return on net assets of state-owned enterprises was 2.8, an increase of 0.2 percentage points. (1) Central enterprises 4.4, an increase of 0.4 percentage points. (2) Local state-owned enterprises 1.7 percent, an increase of 0.1 percentage points.
(VII) asset-liability ratio. At the end of August, the asset-liability ratio of state-owned enterprises was 64.9 percent, down 0.5 percentage points. (1) Central enterprises 67.8 per cent, down 0.4 percentage points. (2) Local state-owned enterprises 62.5 per cent, down 0.5 percentage points.
Profitability of Major Industries in 2.
From January to August, the profit growth rate of iron and steel, petroleum and petrochemical, nonferrous metals, coal and other industries was higher than that of income growth.