Chinanews.com, July 27th. The official website of the Ministry of Finance released on the 27th the economic operation of state-owned and state-holding enterprises across the country from January to June 2021. The data shows that from January to June, the total operating income of state-owned enterprises was 35,414.31 billion yuan, a year-on-year increase of 27.7 %, an average increase of 9.6% over the two years.

From January to June, the total profit of state-owned enterprises was 238.831 billion yuan, a year-on-year increase of 1.1 times, and an average increase of 14.6% in the two years.

  Statistics show that from January to June 2021, the main performance indicators of state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) across the country have maintained a relatively rapid growth rate, and the state-owned economy has recovered more firmly.

  I. Total operating income.

From January to June, the total operating income of state-owned enterprises was 35,414.31 billion yuan, a year-on-year increase of 27.7%, and an average increase of 9.6% in two years (based on the corresponding period in 2019, calculated by the geometric average method).

Among them, the central SOEs amounted to 19,911.12 billion yuan, a year-on-year increase of 25.4%, an average growth rate of 8.0% in the two years; local state-owned enterprises were 15,483.19 billion yuan, an increase of 30.7% year-on-year, and an average increase of 11.8% in two years.

  2. Total profit.

From January to June, the total profit of state-owned enterprises was 238.831 billion yuan, a year-on-year increase of 1.1 times, and an average increase of 14.6% in the two years.

Among them, central enterprises were 1,586.58 billion yuan, a year-on-year increase of 1.0 times, and an average increase of 14.2% in two years; local state-owned enterprises were 801.73 billion yuan, a year-on-year increase of 1.5 times, and an average increase of 15.4% in two years.

  3. Taxes and fees payable.

From January to June, the taxes and fees payable by state-owned enterprises amounted to 2652.93 billion yuan, a year-on-year increase of 22.5%. Among them, central enterprises were 183.59 billion yuan, a year-on-year increase of 18.7%, and local state-owned enterprises were 815.34 billion yuan, a year-on-year increase of 32.0%.

  4. Asset-liability ratio.

At the end of June, the asset-liability ratio of state-owned enterprises was 64.3%, a year-on-year decrease of 0.2%, central enterprises 67.0%, a year-on-year decrease of 0.7%, and local state-owned enterprises 62.6%, a year-on-year increase of 0.1%.