Chinanews.com, December 25. The Ministry of Finance website released on the 25th the economic performance of state-owned and state-controlled enterprises (hereinafter referred to as state-owned enterprises) across the country from January to November 2020.

From January to November, the year-on-year growth rate of total operating income of state-owned enterprises further improved, and the decline in total profits continued to narrow, returning to 93.9% in the same period last year, and economic operations improved steadily.

　　In terms of total operating income, in November, the total operating income of state-owned enterprises increased by 6.0% from the same period last year.

From January to November, total operating income was 55,612.48 billion yuan, a year-on-year increase of 0.8%, an increase of 0.6 percentage points from January to October. Among them, central enterprises were 31178.82 billion yuan, down 2.7% year-on-year, and local state-owned enterprises were 24433.66 billion yuan, up 5.8% year-on-year. .

　　In terms of total operating costs, in November, the total operating costs of state-owned enterprises increased by 3.8% from the same period last year.

From January to November, the total operating cost was 54021.13 billion yuan, a year-on-year increase of 1.7%, of which central enterprises were 29,7158.9 billion yuan, a year-on-year decrease of 2.2%, and local state-owned enterprises were 24,305.24 billion yuan, a year-on-year increase of 6.9%.

　　In terms of total profit, in November, the total profit of state-owned enterprises increased by 38.9% from the same period last year.

From January to November, the total profit was 2986.31 billion yuan, a year-on-year decrease of 6.1%, which was 3.9 percentage points narrower than the January-October decline. Among them, central enterprises were 1979.87 billion yuan, a year-on-year decrease of 5.2%, and local state-owned enterprises were 10,0644 billion yuan, a year-on-year decrease of 7.8%. %.

　　In terms of net profit, in November, the after-tax net profit of state-owned enterprises increased by 47.2% from the same period last year.

From January to November, after-tax net profit was 2,206.59 billion yuan, a year-on-year decrease of 7.1%. The net profit attributable to owners of the parent company was 126.114 billion yuan, of which central enterprises’ after-tax net profit was 1,476.23 billion yuan, a year-on-year decrease of 5.3%. Local state-owned enterprises After-tax net profit was 730.36 billion yuan, a year-on-year decrease of 10.6%.

　　In terms of taxes and fees payable, in November, the taxes and fees payable by state-owned enterprises increased by 6.9% over the same period last year.

From January to November, taxes and fees payable were 4057.51 billion yuan, a year-on-year decrease of 1.2%, of which central enterprises were 2,874.59 billion yuan, a year-on-year decrease of 2.1%, and local state-owned enterprises were 1,1829.2 billion yuan, a year-on-year increase of 1.3%.

　　In terms of the profit ratio of costs and expenses, in November, the profit ratio of costs and expenses of state-owned enterprises increased by 1.6 percentage points from the same period last year.

From January to November, the profit margin of costs and expenses was 5.6%, a year-on-year decrease of 0.5%, central enterprises 6.7%, a year-on-year decrease of 0.2%, and local state-owned enterprises 4.1%, a year-on-year decrease of 0.7%.

　　Assets and liabilities.

At the end of November, the asset-liability ratio of state-owned enterprises was 64.5%, an increase of 0.2 percentage points from the same period last year, central enterprises were 67.1%, a decrease of 0.5 percentage points year-on-year, and local state-owned enterprises were 62.7%, an increase of 0.7 percentage points year-on-year.