The first quarter of state-owned enterprises to achieve profits 408.8 billion yuan growth 75.8%

2010 1-March, the national state-owned and state-controlled Enterprises ① (hereinafter referred to as State-owned enterprises), which included the monthly report statistics, continued to maintain a high growth rate, but the total revenue and profits of the first quarter of this year fell from the four quarter of last year. I. Main indicators of economic efficiency (i) total operating income. January-March, the state-owned enterprises accumulated total operating income of 6,510,110,000,000 yuan, an increase of 43.2%, the first quarter of this year than last year four quarter fell 6.4%. (1) Central enterprises (including central management enterprises and sector-owned enterprises, the same below) cumulative total operating income of 4,191,930,000,000 yuan, an increase of 45.1%, the first quarter of this year than last year four quarter decline 3.9%. Among them, the central management enterprises accumulated total operating income of 3.5251 trillion yuan, an increase of 50.2%, the first quarter of this year than last year four quarter fell 8.5%.　　(2) Local state-owned enterprises to achieve total operating income of 2,318,180,000,000 yuan, an increase of 39.9%, the first quarter of this year than last year four quarter decline 10.5%. Figure 1:2009 to 2010 March Total operating income, to achieve profit growth changes (in%) —————————— Note: ① this month reported that the state-owned and state-controlled enterprises, including central Enterprises and 36 provinces (autonomous regions, municipalities, separately listed) state-owned and state-controlled enterprises.　　Central Enterprises include: 82 Central departments of state-owned and state-controlled enterprises and 129 central management Enterprises, none of the above contain state-owned financial enterprises. (b) Achieving profits. January-March, the state-owned enterprises accumulated profits of 408.82 billion yuan, an increase of 75.8%, the first quarter of this year than the four quarter year-on-year decline of 0.2%. (1) The Central enterprise accumulated profits of 296.89 billion yuan, an increase of 55.8%, the first quarter of this year than last year four quarter-on-quarter growth of 12.3%. Among them, the central management enterprises accumulated profits of 230.71 billion yuan, an increase of 93.7%, the first quarter of this year than last year four quarter fell 2.1%.　　(2) Local state-owned enterprises to achieve a cumulative profit of 111.93 billion yuan, an increase of 1.7 times times, the first quarter of this year than last year four quarter-on-quarter decline 23.1%. (iii) Tax payable and tax paid. January-March, the state-owned enterprises should pay tax 600.27 billion yuan, an increase of 37.2% year-on-year, the first quarter of this year than last year four quarter growth of 12.5%. (1) The central enterprises should pay the total tax 465.19 billion yuan, an increase of 40.2%, the first quarter of this year than last year four quarter-on-quarter growth of 17.1%.　　(2) The local state-owned enterprises should pay the cumulative tax of 135.08 billion yuan, an increase of 27.7%, the first quarter of this year than last year four quarter decline 1%. January-March, the state-owned enterprises have paid 573.39 billion yuan, an increase of 30.6%, the first quarter of this year than last year four quarter-on-quarter growth of 13.2%. (1) The Central enterprise has paid 441.53 billion yuan of tax, the yearGrowth of 33.6%, the first quarter of this year than last year's four quarter-on-quarter growth of 15%. Among them, the central management enterprise accumulated has paid 304.48 billion yuan, an increase of 36.1%, the first quarter of this year than last year four quarter growth of 13.5%.　　(2) Local state-owned enterprises have paid a total of 131.86 billion yuan, an increase of 21.6%, the first quarter of this year than last year four quarter-on-quarter growth of 7.5%.　　Figure 2:2009 to 2010 March tax payment, paid tax increase changes (in%) (iv) Cost and profitability levels. January-March, the total cost of state-owned enterprises was 6,099,040,000,000 yuan, an increase of 40.8%.　　Among them: management costs, operating costs, sales costs rose 18.2%, 43.7%, 25.4% respectively, increased by 0.3, 1.1, 1.2% respectively in January-February.　　Sales margin of 6.3%, up 1.2% year-on-year, cost profit margin of 6.7%, up 1.3% per cent, net assets profit margin of 2.4%, up 0.8% year-on-year.　　Central Enterprise sales profit margin, cost profit margin and net assets profit margin are 7.1%, 7.6% and 2.7% respectively, local state-owned enterprises are 4.8%, 5.1% and 1.8% respectively. (v) inventory. Inventories of state-owned enterprises rose by 19.6% in January-March. Inventory turnover was 1.2 times, up 0.2 times over the same period last year. Accounts receivable turnover rate is 3.2 times, compared with the same period last year 0.4 times.　　　　The average total assets turnover rate is 0.1 times, and is basically flat with the same period last year. Second, the main industry benefits in January-March, oil, petrochemical, automotive and other industries profits continued to increase significantly, but the increase was significantly lower than last month, coal, transport industry growth has increased, steel, non-ferrous industries and power grid enterprises continue to improve the profitability of power generation enterprises.