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The total profit of state-owned enterprises in 2024 was RMB 4350.46 billion
2025-04-27 source:CCTV.com

CCTV News: Recently, the Ministry of Finance website released the economic operation of state-owned and state-controlled enterprises across the country from January to December 2024.

From January to December, the total operating income of state-owned and state-controlled enterprises ① (hereinafter referred to as state-owned enterprises) nationwide increased by 1.3% year-on-year, and the total profit increased by 0.4% year-on-year.

1. Total operating income. From January to December, the total operating income of state-owned enterprises was 84722.58 billion yuan, an increase of 1.3% year-on-year.

2. Total profit. From January to December, the total profit of state-owned enterprises was 4350.46 billion yuan, an increase of 0.4% year-on-year.

3. Taxes and fees payable. From January to December, state-owned enterprises paid 5878.09 billion yuan in taxes and fees, a year-on-year decrease of 0.7%.

4. Debt-of-asset ratio. At the end of December, the debt-to-asset ratio of state-owned enterprises was 64.8%, an increase of 0.3 percentage points year-on-year.

① The national state-owned and state-controlled enterprises mentioned in this month's report, including central enterprises that perform the duties of investors, enterprises affiliated to central departments and units in 36 provinces (autonomous regions, municipalities directly under the central government, and municipalities with independent planning status), and state-owned and state-controlled enterprises under the Xinjiang Production and Construction Corps, excluding state-owned first-level financial enterprises. The industries they belong to include agriculture, forestry, animal husbandry and fishery, industry, construction, transportation and warehousing, postal and telecommunications, wholesale and retail, real estate, information technology services and other industries.

② Due to objective factors such as increase or decrease in enterprises and changes in equity, enterprises included in the national state-owned and state-controlled enterprises during different periods are not exactly the same. The data related to the year-on-year growth of this month's report is calculated based on the comparison of the data of enterprises in this period's current year with the same caliber data of the same period last year.

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