Ministry of Finance yesterday released the state-owned enterprises and state holding enterprises show that the first 10 months of state-owned and state-holding enterprises operating income growth rate dropped for three consecutive months, and there have been a profit for three consecutive months of negative growth, electricity, petrochemical and other industries Profit decline further.
To accept the "Business News" interview with the experts believe that this phenomenon may be due to the macro-economic downturn led to the increase in inventory, it may be related to the implementation of state-owned capital operation budget for the incentives to do business to reduce costs related to profits.
Statistics show that the first 10 months of the national state-owned enterprises to achieve a total operating income 18,070,000,000,000 yuan, and last year increase of 23.4 percent compared to the same period, an increase over the previous nine months fell 1.6 percentage point increase has dropped for three consecutive months.
State-owned enterprises and state-holding enterprises realized a total profit of 1,226,000,000,000 yuan, up 8.3 percent decline, decline over the previous September by 5.4 percentage points drop in three months in a row to increase. And the first eight months of the first nine months of the year-on-year decline in profit respectively 1.3 and 2.9 percentage points.
Decline in investment income is one of the reasons for the decline in profits, state-owned enterprises and state-controlled investment income 153,300,000,000 yuan, up 7.7 percent decline, following the decline for the first time in March this year, fell again. Investment income accounted for the proportion of the total profit was 12.5%.
An expert told reporters that the capacity itself has a larger surplus, export demand and macro-economic level, the recession led to a significant increase in inventory is a state-owned and state-holding enterprises profits and operating income decline of one of the important reasons .
To the steel industry, for example, experts in MYSTEEL iron and steel research institutes Xu Xiangchun "Business News" that is expected to reach capacity by the end of 600,000,000 tons. And the demand side, domestic demand this year is about 450,000,000 tons, and exports of about 60,000,000 tons, is expected to be the formation of 90,000,000 tons of surplus production capacity.
These experts believe that the profits of state-owned enterprises for three consecutive months of negative growth there is to do low-profit suspects. One of the evidence that corporate profits with the continuous negative growth of the business costs also increased.
Data show that although the rate of increase has declined, but the first 10 months, the cost of state-owned enterprises amounted to 16.54 trillion yuan, up 26.4 percent.
Experts said that the above-mentioned analysis, the state-owned enterprises and state-holding enterprises to do low-profit motive from the beginning this year, the implementation of the state-owned capital operation budget, in accordance with the provisions of the state-owned enterprises must be turned over to the national dividend, which will cost the cost of doing business incentives, Low profits do in order to reduce profits and dividends paid.
A few days ago in response to "the collection of state-owned enterprises operating profit as a source of funds to stimulate the economy", the China Center for Economic Research of Beijing University, Professor Zhou Qi Ren said that once the dividend paid to state-owned enterprises, the profits of state-owned enterprises will soon "disappear."
To accept the "Business News" interview with the experts believe that this phenomenon may be due to the macro-economic downturn led to the increase in inventory, it may be related to the implementation of state-owned capital operation budget for the incentives to do business to reduce costs related to profits.
Statistics show that the first 10 months of the national state-owned enterprises to achieve a total operating income 18,070,000,000,000 yuan, and last year increase of 23.4 percent compared to the same period, an increase over the previous nine months fell 1.6 percentage point increase has dropped for three consecutive months.
State-owned enterprises and state-holding enterprises realized a total profit of 1,226,000,000,000 yuan, up 8.3 percent decline, decline over the previous September by 5.4 percentage points drop in three months in a row to increase. And the first eight months of the first nine months of the year-on-year decline in profit respectively 1.3 and 2.9 percentage points.
Decline in investment income is one of the reasons for the decline in profits, state-owned enterprises and state-controlled investment income 153,300,000,000 yuan, up 7.7 percent decline, following the decline for the first time in March this year, fell again. Investment income accounted for the proportion of the total profit was 12.5%.
An expert told reporters that the capacity itself has a larger surplus, export demand and macro-economic level, the recession led to a significant increase in inventory is a state-owned and state-holding enterprises profits and operating income decline of one of the important reasons .
To the steel industry, for example, experts in MYSTEEL iron and steel research institutes Xu Xiangchun "Business News" that is expected to reach capacity by the end of 600,000,000 tons. And the demand side, domestic demand this year is about 450,000,000 tons, and exports of about 60,000,000 tons, is expected to be the formation of 90,000,000 tons of surplus production capacity.
These experts believe that the profits of state-owned enterprises for three consecutive months of negative growth there is to do low-profit suspects. One of the evidence that corporate profits with the continuous negative growth of the business costs also increased.
Data show that although the rate of increase has declined, but the first 10 months, the cost of state-owned enterprises amounted to 16.54 trillion yuan, up 26.4 percent.
Experts said that the above-mentioned analysis, the state-owned enterprises and state-holding enterprises to do low-profit motive from the beginning this year, the implementation of the state-owned capital operation budget, in accordance with the provisions of the state-owned enterprises must be turned over to the national dividend, which will cost the cost of doing business incentives, Low profits do in order to reduce profits and dividends paid.
A few days ago in response to "the collection of state-owned enterprises operating profit as a source of funds to stimulate the economy", the China Center for Economic Research of Beijing University, Professor Zhou Qi Ren said that once the dividend paid to state-owned enterprises, the profits of state-owned enterprises will soon "disappear."
No comments:
Post a Comment