Operation of Municipal Supervised Enterprises in December 2019
Release time: 2020-01-14
Source: Municipal SASAC
In December 2019, according to the company's financial express report, as of the end of December, there were 47 municipal supervised enterprises, of which 42 were operating, 4 were cultural, and 1 was financial. The total assets are RMB 1.2083385 billion, the total liabilities are RMB 925.4420 billion, and the total owner's equity is RMB 28.265 billion. The asset-liability ratio was 76.58%, and the asset preservation and appreciation ratio reached 103.25%. Cumulative operating income is 82.587 billion yuan, and total cumulative profit is 10.308 billion yuan. The major profitable industries are finance, real estate, construction, and retail.
January 8, 2020
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