Operation of Municipal Supervised Enterprises in October 2019
Release time: 2019-11-12
Source: Municipal SASAC
In October 2019, according to the company's financial express report, as of the end of October, there were 48 municipally-supervised enterprises, of which 43 were operating, 4 were cultural, and 1 was financial. The total assets are RMB 1,206,973 million, the total liabilities are RMB 92,876,600, and the total owner's equity is RMB 278,267 million. The asset-liability ratio was 76.95%, and the asset preservation and appreciation rate reached 102.22%. Cumulative operating income was 69.59 billion yuan, and cumulative profits were 7.226 billion yuan. The major profitable industries were finance, real estate, and retail department stores.
November 11, 2019
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