China News Service, October 25. According to the SASAC website on the 25th, the production and operation of central enterprises in the first three quarters were stable and orderly, and the economic benefits increased steadily, and the overall operation was within a reasonable range.

Benefit growth stabilized and rebounded

　　In the first three quarters, the cumulative operating income of central enterprises was 29.0 trillion yuan, a year-on-year increase of 10.9%; the cumulative total profit was 2.1 trillion yuan, a year-on-year increase of 5.7%, and the growth rate rebounded by 0.7 percentage points from January to August. The total profit of central enterprises in the month was 236.78 billion yuan, an increase of 11.4% year-on-year; the accumulated net profit was 1.6 trillion yuan, a year-on-year increase of 4.7%, and the growth rate rebounded by 1 percentage point from January to August, and the net profit in September was 180.54 billion yuan. , an increase of 13.8% year-on-year, reversing the downward trend of efficiency in July and August.

Operational quality continues to improve

　　First, R&D investment increased rapidly. In the first three quarters, the R&D investment of central enterprises increased by 17.5% year-on-year, and the R&D investment intensity increased by 0.12 percentage points year-on-year.

Second, the operating efficiency has increased steadily. In the first three quarters, the annualized labor productivity of central enterprises was 755,000 yuan per person, a year-on-year increase of 10.2%; the operating income profit margin was 7.2%, which remained at a relatively high level overall.

The third is to reduce costs and expenses. In the first three quarters, the central enterprises paid 93.9 yuan in costs and expenses per 100 yuan of operating income, a year-on-year decrease of 0.3 yuan. While the growth rate of operating income exceeded 10%, sales expenses, management expenses, and financial expenses were all achieved a year-on-year decrease.

Fourth, the solvency remained stable. At the end of September, the overall asset-liability ratio of central enterprises was 64.8%, down 0.2 percentage points from the previous month.

Fixed asset investment grew steadily

　　In the first three quarters, central enterprises have completed a total of 2 trillion yuan in fixed asset investment (excluding real estate), a year-on-year increase of 112.21 billion yuan or 5.9%.

Central enterprises have increased investment in fixed assets in basic security industries. In the first three quarters, fixed asset investment in petroleum and petrochemicals, power grids, thermal power, communications and other industries totaled 1.3 trillion yuan, which is the main force for central enterprises to expand effective investment.

In September, central enterprises completed fixed asset investment of 318.56 billion yuan, and the monthly investment scale increased year-on-year for five consecutive months.

Tax contribution steadily increasing

　　Since 2021, taxes and fees paid by central enterprises have maintained double-digit growth.

In the first three quarters of this year, central enterprises have paid a total of 2.1 trillion yuan in taxes and fees, a year-on-year increase of 15.2%, and the growth rate was 0.8 percentage points higher than the first half of the year; The growth rate of taxes and fees paid by enterprises exceeds 20%.

Fully complete the task of ensuring energy supply during peak summer

　　In the third quarter, in the face of the severe situation of peak summer, the average daily output of central coal enterprises increased by 14.1% year-on-year, the signing rate of medium and long-term contracts for self-produced coal exceeded 93.6%, and the profits to downstream enterprises exceeded 110 billion yuan; the power generation of central coal power enterprises An increase of 9.4% year-on-year, accounting for 62.6% of the national proportion, and 3.1 percentage points higher than the installed capacity; the central power grid enterprises have organized more than 914 cross-regional and cross-provincial supports, and adjusted 17.77 billion kWh of electricity, which effectively guaranteed the power supply in Sichuan and Chongqing. Safety.

China Guoxin and four power generation enterprises have issued 78 billion yuan of special bonds to guarantee supply, effectively solving the problems of high debt ratio and financing difficulties of power generation enterprises, and providing sufficient financial support for energy supply guarantee during the peak winter.

Reducing rent and giving profits to help small and medium-sized enterprises

　　In the first three quarters, central enterprises have reduced or exempted rents of 14.69 billion yuan for small and micro enterprises and individual industrial and commercial households in the service industry, and the amount of reduction and exemption is twice that of the whole year of 2020.

Auto companies will provide 6-month deferral of principal and interest repayment policy support for commercial truck consumer loans issued before June 30, 2022, involving a loan amount of about 57 billion yuan.

Communication companies resolutely implemented the tariff reduction requirements. At the end of September, the average tariffs for broadband and private lines for small, medium and micro enterprises dropped by more than 10%, benefiting more than 15 million users.

Power grid companies implement "non-stop supply in arrears" to optimize services and reduce electricity costs.

(Zhongxin Finance)